Solea

What Solea does

Solea GmbH is a German photovoltaic EPC (Engineering, Procurement, and Construction) contractor headquartered in Plattling, Bavaria, offering full-lifecycle solar energy services from project development through construction to long-term operations and maintenance. Founded in 2007 and operating with approximately 30 employees, the company has installed over 350 MW of PV capacity across more than 14 countries spanning Europe, Africa, and Oceania, plus a separate track record of over 800 rooftop installations in Germany. Its core product lines include ground-mounted utility-scale solar parks and commercial, industrial, agricultural, and residential rooftop systems, supplemented by specialized offerings such as PV-diesel hybrid systems for off-grid applications, floating solar systems for water surfaces, and the proprietary Sunax New Generation single-axis tracking system engineered for uneven terrain.

The company generates revenue through three primary streams: one-time EPC project contracts sold to institutional end-investors (pension funds, infrastructure funds) via auction; ongoing operations and maintenance services delivered through its wholly-owned subsidiary Solea Service GmbH; and development fees for project rights including permits, grid connection agreements, and SPV structuring. Distribution operates through direct enterprise field sales targeting landowners, municipalities, and institutional investors for ground-mounted parks, alongside direct engagement with C&I customers for rooftop systems. The company maintains a financing ecosystem with first-class German lenders (DZ Bank, DKB, Bayerische Landesbank, GLS Bank) that co-finance projects and generate referrals.

In August 2023, Mainova AG acquired a 74.9% majority stake in Solea, integrating it into a major German utility's renewable energy strategy and providing balance sheet support, project financing access, and operational synergies. The company has stated plans to expand into MENA, North America, and India, and is extending its product surface to include BESS (Battery Energy Storage System)-coupled solar projects. Management includes CEO and founder Anton Schweiger, CFO Georg Sterner, and Managing Director Andreas Bach, who leads international project execution with responsibility for PV and BESS initiatives.

Name

Solea

Legal name

Solea GmbH

Website

https://solea-ag.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Solea GmbH is a German solar EPC contractor headquartered in Plattling that plans, builds, and maintains photovoltaic systems for institutional investors, commercial and industrial clients, and residential customers, with 350 MW+ installed across 14+ countries.

Ownership category

akta.pro rank

Product category

Solar EPC and Photovoltaic Project Development

NAICS

Solar Electric Power Generation (221114), Other Specialized Design Services (541490)

SIC

Cogeneration Services & Small Power Producers (4991), Special Industry Machinery, Nec (3559)

akta.pro primary industry

Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Solar Operations, Maintenance & Asset Management (EUAMABAC)

Keywords

• Solar EPC services
• Photovoltaic project development
• Ground-mounted solar parks
• Rooftop PV systems
• PV operations maintenance

Headquarters

HQ city

Plattling

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. EPC Project Contracts: Solea acts as a system-integrating general contractor for solar power plants, generating revenue through planning, developing, building, and selling completed solar projects. Revenue is realized at project completion and sale to end investors.
2. Operations & Maintenance Services: Ongoing O&M services including monitoring, maintenance, repair, cleaning, and commercial management of photovoltaic systems. Revenue is generated through service contracts with solar park owners.
3. Project Development & Rights: Development and sale of project rights including site selection, permitting, grid connection agreements, and EPC/O&M contracts for SPV structures, sold to end investors through auction procedures.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Solea GmbH is a German solar EPC contractor that plans, develops, builds, and sells photovoltaic power projects of every size, from rooftop installations to multi-megawatt ground-mounted solar parks. It delivers turnkey solar solutions including site analysis, permitting, 3D CAD engineering, procurement of modules, inverters and structures, construction, grid connection, and sale to end investors through auction. The company also provides ongoing operations and maintenance services through its subsidiary Solea Service, including monitoring, cleaning with demineralised water, repair, and repowering, with installed project capacity exceeding 350 MW across more than 14 countries.

Product overview

Solea GmbH is a comprehensive solar energy EPC (Engineering, Procurement, Construction) contractor offering end-to-end photovoltaic solutions. The company operates two core product lines: Ground-Mounted PV Systems and Roof PV Systems, complemented by specialized offerings including PV-Diesel Hybrid Systems, Floating Solar Systems, and the Sunax New Generation tracking system. The subsidiary Solea Service provides ongoing operations and maintenance. The company also offers unique solar grazing services (Solar Weiderinder) for ecological PV park management. Services span project development, construction, monitoring, and commercial management.

Differentiator

Problem solved

Functional benefit

Products and services

• Ground-Mounted PV Systems (Freiflächenphotovoltaikanlagen) Large-scale ground-mounted photovoltaic solar parks for utility-scale power generation. Delivered as full EPC projects including 3D CAD layout planning, structural support selection, electrical design with inverters and converters, AC line planning, and grid connection. Sold to institutional investors through auction.
• Roof PV Systems (Dachanlagen) Photovoltaic rooftop systems for private, commercial, agricultural, and industrial customers. Over 800 PV roof systems have been planned and built by Solea for self-consumption and grid feed-in.
• PV-Diesel Hybrid Systems Combined PV and diesel generator systems with intelligent control for regions with insufficient or no power supply, deploying diesel backup when PV output drops to maintain grid stability using real-time power measurement.
• Floating Solar Systems (Schwimmende Anlagen) Photovoltaic systems installed on floating platforms anchored to the mainland for stabilization on calm waters such as lakes or bays, enabling optimal space utilization without consuming land.
• Sunax New Generation Tracking System Proprietary low-maintenance single-axis solar tracking system designed for wavy, stepped, and naturally flat terrain, with special focus on compensation of torsion forces for durability and reliability.
• Solea Service (Operations and Maintenance) Ongoing operations and maintenance services for photovoltaic systems through Solea Service GmbH, including inspection, repair, cleaning with demineralised water, monitoring, repowering, and commercial management for solar park owners.
• Solar Weiderinder (Solar Grazing) Deployment of grazing animals (Black Angus, Bison, Galloway, deer, and zebus) within solar parks for ecological vegetation management and maintenance of PV installations.
• Project Development and Rights Sales Development and sale of project rights including site selection, shading analysis, irradiation measurement, permitting, grid connection agreements, SPV formation, and EPC/O&M contracts, sold to end investors via auction procedures.

Quantifiable outcome

• Up to 35% energy yield loss prevented through professional module cleaning
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• NaGa Solar Deutschland GmbHcoreStrategic or Co-development Partner · 2 June 2021Co-development partner for large-scale solar projects. Solea and NaGa Solar collaborated on the Solarpark 'am Sonnenhügel' in Rotthalmünster (11.5 MW), one of the largest in the region.
• aream Advisory GmbHminorImplementation/ SI/ Consulting Partner · 2 June 2021Advisory firm providing consultancy services for solar project development, mentioned in the Rotthalmünster solar park groundbreaking.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• IBC Solar: IBC Solar is a German photovoltaic system integrator and EPC contractor covering ground-mounted, rooftop, and off-grid PV across Europe and emerging markets — a closely comparable peer to Solea's full-lifecycle EPC model.
• Enerparc AG: Enerparc is a Hamburg-based EPC contractor for utility-scale solar power plants globally, closely comparable to Solea in scope (ground-mounted, rooftop, floating) and in its focus on bankable turnkey projects for institutional investors.
• Solaria Energia y Medio Ambiente: Solaria is a Spanish PV manufacturer and developer active in European utility-scale solar projects, comparable to Solea as a European PV project developer/EPC with cross-border execution capability.
• Goldbeck Solar: Goldbeck Solar is a German EPC contractor focused on utility-scale ground-mounted and rooftop PV, including floating solar — directly comparable to Solea's project types, geography, and turnkey delivery model.

Emerging players

• Enpal GmbH: Enpal is a German solar leasing and rooftop PV installer serving residential and small commercial customers, partially comparable to Solea's smaller rooftop PV line though focused on a leasing rather than direct-sale model.
• 1Komma5°: 1Komma5° is a German residential and C&I solar installer scaling rapidly across Europe — partial overlap with Solea's rooftop PV segment for C&I and residential customers in Germany.
• Solarwatt GmbH: Solarwatt is a German PV module and rooftop system provider offering turnkey residential and small commercial PV, partly comparable to Solea's rooftop PV line and German market focus.

Broad incumbents

• juwi: juwi is a major German renewable energy project developer and EPC contractor with a long-standing solar track record and broader wind/Storage portfolio, comparable to Solea in solar EPC scope but at significantly larger scale.
• BayWa r.e. BayWa r.e. is a large, established global renewable energy developer and EPC spanning solar, wind, and storage — overlapping with Solea in PV project development and EPC at a much broader portfolio scale.
• Encavis AG: Encavis is a German independent power producer and operator of solar and wind parks; comparable as a buyer/investor in the kind of bankable solar park projects Solea develops and sells via auction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/soleaag
• Facebookfacebook.com/SoleaServiceGmbH
• LinkedInlinkedin.com/company/solea-ag

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solea