Plus Xnergy
- Company typePrivate
- Founded2013
- HeadquartersKuala Lumpur, Malaysia
- Headcount101–250
- GTM typeB2B
- OfferingServices
Plus Xnergy firmographics
Firmographics- Name
- Plus Xnergy
- Website
- https://plusxnergy.com
- Company type
- Private
- Founded year
- 2013
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Plus Xnergy industry classification
Industry- Product category
- Solar Energy Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Residential Behind-the-Meter Generation (EUACALAB)
- akta.pro secondary industry
- Microgrid & Distributed Grid Equipment (Controllers, Switchgear Packages, DER Interconnection) (IMAGAAAJ)
Keywords
Where Plus Xnergy is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Markets served
Plus Xnergy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales
Plus Xnergy product offering
Product offeringCore offering
Plus Xnergy is a green energy supplier that provides solar energy solutions for three customer groups: homes, businesses, and investment portfolios. The company supplies, installs, and supports solar PV systems that allow customers to generate renewable electricity on-site for self-consumption or as an investable asset.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Solar Solutions Solar energy systems supplied and installed for Malaysian homeowners to generate renewable electricity on-site and reduce household electricity costs.
- Commercial Solar Solutions Solar energy systems supplied and installed for businesses and commercial properties in Malaysia to generate on-site renewable electricity for operational use.
- Solar Investment Portfolio Solutions Solar deployments structured for investors and portfolio owners as investable renewable energy assets, enabling capital allocation into solar generation within an investment portfolio.
Companies that use Plus Xnergy
Customer profileIdeal customer profiles3 records
Plus Xnergy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Plus Xnergy competitors and assessment
Company assessmentOthers
- Sungrow Power Supply Co., Ltd. Leading global inverter and energy storage supplier widely used in Malaysian C&I and utility-scale solar. Enabling ecosystem supplier whose pricing and product roadmap directly affect Plus Xnergy's project economics.
- Enphase Energy: Global supplier of microinverters and energy systems for residential and commercial solar. Adjacent enabling technology provider whose products are typically deployed by installers like Plus Xnergy.
Direct peers
- Cleantech Solar: Singapore-headquartered solar PPA provider for commercial and industrial customers across Southeast Asia. Directly comparable on behind-the-meter and C&I solar delivery, with broader regional scale.
- Solarvest Holdings Berhad: Listed Malaysian solar PV EPCC and asset owner serving residential, commercial, and industrial customers. Closest direct peer by geography, customer mix, and turnkey-solar business model.
- ERS Energy Sdn Bhd: Malaysian solar PV specialist providing turnkey rooftop and ground-mount solutions to homes and businesses. Head-to-head peer in the same Malaysian behind-the-meter and commercial solar segment.
Broad incumbents
- Hanwha Q CELLS Malaysia: Global module manufacturer with active Malaysian operations and downstream solar solutions. Competes with Plus Xnergy where vertically integrated offerings and financing become decisive for commercial customers.
- Gentari Sdn Bhd: PETRONAS-affiliated Malaysian clean energy arm offering solar, wind, and hydrogen solutions to C&I clients. Larger, broader incumbent operating in the same Malaysian solar market with overlapping commercial-segment customers.
- SunPower Corporation: U.S.-headquartered residential and commercial solar solutions provider. Comparable on residential-plus-commercial solar delivery model, though operating in different geographies.
Emerging players
- Sungeel HiTech: Korean-origin solar EPC expanding into Southeast Asian markets including Malaysia. Comparable as a multi-market solar solutions provider targeting C&I and utility-scale projects.
- GreenYellow (Engie subsidiary): Energy services provider delivering solar and energy efficiency solutions to retail and commercial customers across Southeast Asia. Comparable as a multi-country solar service provider targeting C&I decarbonisation budgets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Plus Xnergy social profiles
Digital presencePlus Xnergy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Plus Xnergy leadership team
Management profileNumber of profiles
Profiles1 record
Plus Xnergy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Plus Xnergy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Plus Xnergy
What does Plus Xnergy do?
Plus Xnergy is a green energy supplier that provides solar energy solutions for three customer groups: homes, businesses, and investment portfolios. The company supplies, installs, and supports solar PV systems that allow customers to generate renewable electricity on-site for self-consumption or as an investable asset.
When was Plus Xnergy founded?
Plus Xnergy was founded in 2013. It employs 101 to 250 people.
Where is Plus Xnergy based?
Plus Xnergy is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
Who are Plus Xnergy's main competitors?
Others on record are Sungrow Power Supply Co., Ltd. and Enphase Energy. Direct peers are Cleantech Solar, Solarvest Holdings Berhad and ERS Energy Sdn Bhd. Broad incumbents are Hanwha Q CELLS Malaysia, Gentari Sdn Bhd and SunPower Corporation. Emerging players are Sungeel HiTech and GreenYellow (Engie subsidiary).
Does Plus Xnergy have an API?
No public API is recorded for Plus Xnergy.
What industry is Plus Xnergy in?
Plus Xnergy's product category is Solar Energy Services. Its primary akta.pro industry code is EUACALAB, Residential Behind-the-Meter Generation, with a secondary code of IMAGAAAJ, Microgrid & Distributed Grid Equipment (Controllers, Switchgear Packages, DER Interconnection). Its NAICS code is 221114 and its SIC code is 4991.