Eversolar
Eversolar is a South African commercial solar EPC company delivering integrated Solar PV and BESS solutions to enterprise customers across mining, agriculture, commercial, industrial, property development, and REIT sectors in Southern Africa through direct enterprise sales.
- Company typePrivate
- Founded2021
- HeadquartersCenturion, South Africa
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Eversolar does
Eversolar is a South African commercial solar Engineering, Procurement, and Construction (EPC) company headquartered in Irene, Pretoria, delivering integrated Solar PV and Battery Energy Storage System (BESS) solutions to enterprise customers across Southern Africa. Founded around 2021, the company employs 51-100 people and operates across six vertical segments: mining, agriculture, commercial properties, industrial operations, property developers, and REITs. Its core technical offering comprises grid-tied, hybrid, and off-grid solar PV configurations, complemented by BESS for peak demand management and backup power, plus ancillary products including solar wheeling (remote-site electricity access without on-site panels) and solar carports. The company operates a full EPC delivery model covering feasibility assessment, engineering, procurement, construction, and commissioning, with ongoing operations and maintenance services including remote performance monitoring.
Eversolar generates revenue through five distinct streams: direct CAPEX system sales, Power Purchase Agreements (PPA) where the company retains ownership and sells generated electricity, Rent-To-Own financing with eventual asset transfer, EPC services fees, and recurring O&M contracts. Go-to-market is sales-led and entirely direct, using a consultative enterprise motion with dedicated energy advisors, RFQ/RFP processes, and feasibility/load-profiling engagements; there is no self-service or retail channel. Pricing is project-specific, with a 200 kWp commercial system estimated at roughly R1.9M-R2.1M, and PPA/Rent-To-Own structures removing upfront capital requirements for buyers.
The customer base consists of large enterprise logos spanning South African banking (FNB, Nedbank, Standard Bank, Absa, Sanlam), mining (Thungela), agriculture (Corteva), logistics (Supergroup, Digistics), property development (Balwin, Abland, Twin-City), and utilities/energy (Man Energy Solutions, Decentral, ReCharge, PEC Utility Management). Geographic operations are concentrated in Southern Africa with no disclosed international expansion, and there are no patents, awards, regulatory actions, M&A, funding rounds, or named leadership team members in the available data — ownership and control structure remains a data gap.
Eversolar firmographics
Firmographics- Name
- Eversolar
- Legal name
- Eversolar
- Website
- https://eversolar.co.za
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Eversolar is a South African commercial solar EPC company delivering integrated Solar PV and BESS solutions to enterprise customers across mining, agriculture, commercial, industrial, property development, and REIT sectors in Southern Africa through direct enterprise sales.
- Ownership category
- akta.pro rank
Eversolar industry classification
Industry- Product category
- Commercial Solar EPC Services
- NAICS
- Solar Electric Power Generation (221114)
- akta.pro primary industry
- Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)
- akta.pro secondary industries
- Commercial & Industrial (C&I) BESS EPC & Integration (EUAEAEAB), BESS EPC, Integration & Commissioning (EUAFAAAB), BESS O&M and Lifecycle Services (Warranty, Spares, Monitoring) (EUAEAEAM), BESS Financing, Insurance & Contracting (Tax Equity, PPA/Tolling, Warranties) (EUAFAAAI)
Keywords
Where Eversolar is headquartered
LocationHeadquarters
- HQ city
- Centurion
- HQ country
- South Africa
- HQ region
- Africa
Offices2 records
Markets served
Eversolar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Solar PV System Sales (CAPEX): Direct sale of solar PV systems where customers purchase systems outright. Eversolar engineers and installs the system, with ownership transferring immediately to the customer upon installation and commissioning.
- Power Purchase Agreements (PPA): Eversolar funds, installs, operates, and maintains the solar system while the customer purchases the electricity generated at a pre-agreed tariff. The provider retains system ownership during the contract term, with operations and maintenance included in the service.
- Rent-To-Own Solar: Structured monthly payment model over an agreed term, after which ownership transfers to the business. Provides a pathway to asset ownership while avoiding full upfront capital outlay, combining elements of leasing with eventual ownership.
- EPC Services: Turnkey engineering, procurement, construction, and commissioning services for solar and BESS projects. Covers the full project lifecycle from feasibility studies and design through to grid connection and operational handover.
- Operations and Maintenance: Ongoing after-sales services including remote performance monitoring, preventive maintenance, rapid technical support, and system optimisation to protect project return on investment throughout the system lifecycle.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | 200 kWp commercial solar system (excluding batteries) |
| Subscription | Monthly | PPA Model |
| Hybrid | Monthly | Rent-To-Own Model |
| Other | Multi-year contract | Custom EPC Projects |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Eversolar product offering
Product offeringCore offering
Eversolar delivers bankable commercial and industrial solar energy solutions across Southern Africa, providing custom-engineered Solar PV systems and Battery Energy Storage Systems (BESS) through a full Engineering, Procurement, and Construction (EPC) delivery model. The company serves mining, agriculture, commercial, industrial, property development, and REIT clients with flexible financing options including CAPEX purchase, Power Purchase Agreements (PPA), and Rent-To-Own models. Lifecycle Operations and Maintenance services support long-term system performance for enterprise energy users.
Product overview
Eversolar offers a comprehensive commercial solar solutions platform centered on Solar PV and Battery Energy Storage Systems (BESS), delivered through a full EPC (Engineering, Procurement, and Construction) model. The core product portfolio includes Solar PV Systems available in three configurations (Grid-Tied, Hybrid, and Off-Grid), complemented by Battery Energy Storage Systems for peak demand management and backup power. Additional products and services include Solar Wheeling for remote energy access, Solar Carports, and sector-specific solutions for Mining, Agriculture, Commercial, Industrial, Property Developers, and REITs. The company provides flexible financing options including Power Purchase Agreements (PPA), Rent-To-Own Solar, and CAPEX purchase models, supported by ongoing Operations & Maintenance services for lifecycle performance optimization.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar PV Systems
Quantifiable outcome
- Electricity tariff increases of around 300% over thirteen years in South Africa can be mitigated through solar adoption
- +3 more outcomes
Companies that use Eversolar
Customer profileNamed customers20 records
Segments6 records
Ideal customer profiles5 records
Eversolar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Eversolar partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Thungela GroupcoreLeading coal mining company partnered with Eversolar for solar solutions providing reliable power and reducing diesel dependency at mining operations
- Balwin PropertiescoreProminent South African residential property developer partnered with Eversolar for integrated solar infrastructure in property developments
- SupergroupcoreLogistics and supply chain company engaged with Eversolar for commercial solar solutions at logistics and warehouse facilities
- CortevacoreGlobal agricultural company engaged with Eversolar for solar solutions supporting agricultural operations and farm facilities
- One Property HoldingsminorProperty holding company engaged with Eversolar for solar energy solutions across property portfolio
- PEC Utility ManagementminorUtility management company partnered with Eversolar for solar solutions in utility management contexts
- DigisticsminorLogistics and property technology company engaged with Eversolar for solar solutions at logistics facilities
- AblandminorCommercial property developer partnered with Eversolar for solar integration in property developments
- Twin-CityminorProperty development company engaged with Eversolar for solar solutions in property projects
- NashuaminorRetail and business solutions company partnered with Eversolar for commercial solar at retail operations
- AREPminorProperty and energy solutions company partnered with Eversolar for integrated solar solutions
- EverllenceminorBusiness services company engaged with Eversolar for commercial solar services
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Eversolar competitors and assessment
Company assessmentEmerging players
- Distributed Energy (formerly Commercial Energy SA): South African distributed solar and storage provider focused on C&I customers with PPA financing. Comparable product offering, customer base, and financing structure.
- Sun Exchange: South African solar energy platform enabling distributed solar ownership and PPAs. Comparable end market (South African C&I/commercial) but distinct distributed/investor-led GTM model versus Eversolar's direct enterprise sales motion.
Direct peers
- SolarAfrica: South African commercial and industrial solar PPA provider. Directly competes with Eversolar on C&I solar, BESS integration, and PPA/Rent-To-Own financing models for the same enterprise customer base in Southern Africa.
- Mulilo: South African renewable energy developer with utility-scale and C&I solar project development capability. Comparable EPC execution model and target customer segments across South Africa.
- Pele Energy Group: South African renewable energy solutions provider delivering solar PV and storage projects to commercial, industrial and mining clients. Closely comparable scope, geography, and customer verticals.
- JUWI Renewable Energies (South Africa): Subsidiary of German renewables group JUWI, active in South African solar EPC for utility and C&I customers. Directly comparable EPC delivery and BESS integration offering.
Broad incumbents
- Scatec ASA: Norwegian-listed renewable energy developer with significant South African solar operations. Broader portfolio across geographies and project types, but overlapping C&I/utility solar and storage EPC execution in Southern Africa.
- ENGIE Africa: Global energy major with African renewable energy operations including South Africa. Offers C&I and utility-scale solar plus storage solutions with full EPC and project finance capabilities.
- Enel Green Power (South Africa): Global renewable energy subsidiary of Enel with utility-scale and C&I projects in South Africa. Competes for the same large enterprise and mining customers through EPC, PPA, and storage offerings.
Regional players
- African Clean Energy: Solar EPC and solutions provider active in Southern and broader Africa with C&I focus. Comparable technical offering though broader geographic footprint outside Eversolar's core South African base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Eversolar social profiles
Digital presenceEversolar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eversolar leadership team
Management profileNumber of profiles
Eversolar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eversolar 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 Eversolar
What does Eversolar do?
Eversolar delivers bankable commercial and industrial solar energy solutions across Southern Africa, providing custom-engineered Solar PV systems and Battery Energy Storage Systems (BESS) through a full Engineering, Procurement, and Construction (EPC) delivery model. The company serves mining, agriculture, commercial, industrial, property development, and REIT clients with flexible financing options including CAPEX purchase, Power Purchase Agreements (PPA), and Rent-To-Own models. Lifecycle Operations and Maintenance services support long-term system performance for enterprise energy users.
Is Eversolar a public or private company?
Eversolar is a private company. It is classified as unknown and is currently operating.
When was Eversolar founded?
Eversolar was founded in 2021. It employs 51 to 100 people.
Where is Eversolar based?
Eversolar is headquartered in Centurion, South Africa, in the Africa region.
How does Eversolar make money?
Five revenue lines are on record. Solar PV System Sales (CAPEX) is the primary driver. The others are power Purchase Agreements (PPA), rent-To-Own Solar, EPC Services and operations and Maintenance.
Who are Eversolar's main competitors?
Emerging players on record are Distributed Energy (formerly Commercial Energy SA) and Sun Exchange. Direct peers are SolarAfrica, Mulilo, Pele Energy Group and JUWI Renewable Energies (South Africa). Broad incumbents are Scatec ASA, ENGIE Africa and Enel Green Power (South Africa). African Clean Energy is listed as a regional player.
Does Eversolar have an API?
No public API is recorded for Eversolar.
What industry is Eversolar in?
Eversolar's product category is Commercial Solar EPC Services. Its primary akta.pro industry code is EUAEADAJ, Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks), with a secondary code of EUAEAEAB, Commercial & Industrial (C&I) BESS EPC & Integration. Its NAICS code is 221114.