My-PV
My-PV GmbH is an Austrian manufacturer founded in 2011 that designs photovoltaic-powered heating systems, converting surplus solar electricity into hot water and space heating for residential, commercial, and agricultural customers via a global distributor and installer network.
- Company typePrivate
- Founded2011
- HeadquartersNeuzeug, Austria
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What My-PV does
My-PV GmbH is an Austrian manufacturer founded in 2011 by Dr. Gerhard Rimpler and Markus Gundendorfer and headquartered in Neuzeug, Austria. The company designs and builds photovoltaic-powered heating systems that convert surplus solar electricity into hot water and space heating, targeting residential, commercial, and agricultural end customers. Its product portfolio includes the AC ELWA 2 wall-mounted hot water heating element, the AC THOR and AC THOR 9s hybrid PV/heat-pump controllers (up to 18 kW), the SOL•THOR DC power manager that enables direct PV-to-heat coupling without inverter losses, and the HEA•THOR IoT smart heating element. The technical architecture spans AC and DC coupling paths, a cloud-based monitoring and control platform (my-PV Cloud), and an API surface for third-party integration.
The business is hardware-led: My-PV sells primarily through a network of 70+ distributors and installers across more than 20 countries, with a complementary recurring-revenue stream from cloud services. Pricing is quote-based across the product range, with a new pricing schedule taking effect in July 2026. Strategic activity through 2024–2025 has emphasized international expansion, including the appointment of a Managing Director for Commercial Operations, new OEM and distributor partnerships (Sungrow, Goodwe, E3/DC, IBC Solar Italia), a tripling of production area alongside new headquarters construction, and product-line extension into higher power classes and IoT-enabled heating. The company is privately held by its founders with no disclosed external funding rounds.
My-PV firmographics
Firmographics- Name
- My-PV
- Legal name
- my-PV GmbH
- Website
- https://my-pv.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- My-PV GmbH is an Austrian manufacturer founded in 2011 that designs photovoltaic-powered heating systems, converting surplus solar electricity into hot water and space heating for residential, commercial, and agricultural customers via a global distributor and installer network.
- Ownership category
- akta.pro rank
My-PV industry classification
Industry- Product category
- Solar Heating Equipment
- NAICS
- Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Power, Distribution, and Specialty Transformer Manufacturing (335311), Relay and Industrial Control Manufacturing (335314), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters) (EUAMABAE)
- akta.pro secondary industries
- PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC), Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC) (IMAGAHAE), Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)
Keywords
Where My-PV is headquartered
LocationHeadquarters
- HQ city
- Neuzeug
- HQ country
- Austria
- HQ region
- Europe
Offices1 record
Markets served
My-PV business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Hardware Product Sales: Sale of proprietary heating devices including AC ELWA 2, AC THOR, AC THOR 9s, SOL•THOR, HEA•THOR IoT, my-PV WiFi Meter, and accessories. Products are sold through distributors and directly to professional installers.
- Cloud Services: my-PV Cloud platform for data monitoring and control of heat generation systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Product pricing available upon request through professional distribution channel |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
My-PV product offering
Product offeringCore offering
My-PV designs, manufactures, and distributes proprietary hardware devices that convert surplus photovoltaic electricity directly into thermal energy for hot water and space heating. The core product lines include the AC ELWA family of wall-mounted hot water heaters, AC THOR controllers (including the 9s variant with up to 18 kW three-phase capacity), and SOL•THOR DC power managers that connect heating elements directly to PV systems without an inverter. These devices are sold through certified professional installers and a network of national distributors across more than 20 countries.
Product overview
my-PV is an Austrian high-tech company specializing in solar-powered solutions for building technology. The product portfolio centers on converting photovoltaic surplus electricity into thermal energy for hot water and space heating. The core offerings include three main product lines: AC ELWA (wall-mounted hot water units in 2 and E variants), AC THOR (multi-function controllers in THOR and 9s variants for regulating heating up to 18kW), and SOLTHOR (DC power managers for direct PV connection). Supporting accessories include HEA THOR IoT (smart heating elements), WiFi Meter, DTO interface, USB Interface, and Modbus Interface. The my-PV Cloud provides centralized monitoring and control. The products enable homeowners to use their PV-generated electricity directly for water heating, space heating, and e-car charging, maximizing self-consumption and reducing grid dependency.
Differentiator
Problem solved
Functional benefit
Products and services
- AC ELWA 2
Quantifiable outcome
- Up to 98% PV self-consumption achievable with device trio (AC ELWA 2 + AC THOR + SOL•THOR)
- +3 more outcomes
Companies that use My-PV
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
My-PV technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration35 records
Feature6 records
My-PV partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- SMAcoreMy-PV exhibits together with SMA at Solar Solutions Amsterdam. SMA is one of the leading PV inverter manufacturers and my-PV products are compatible with SMA systems for integrated PV heating control.
- Victron EnergycoreCooperation with Victron Energy for intelligent data integration. my-PV devices work with Victron inverters and energy management systems for off-grid and hybrid PV applications.
- SungrowcoreNew partnership with Sungrow for compatibility between my-PV heating products and Sungrow PV inverters and energy storage systems.
- E3/DCcorePartnership with E3/DC for PV self-consumption optimization. my-PV products integrated with E3/DC energy management for maximized self-consumption in residential and commercial applications.
- FroniuscoreInstructions available for connecting ACTHOR or AC-ELWA-E to Fronius Smart Meter for PV surplus detection and heating control.
- Goodwecoremy-PV products are compatible with Goodwe PV inverters and energy storage systems for integrated solar heating solutions.
- SolarwattcoreCompatibility partnership ensuring my-PV heating devices work seamlessly with Solarwatt PV systems.
- Solaxcoremy-PV products are compatible with Solax inverters and energy storage solutions for PV heating applications.
- KOSTALcoreCompatibility manual with KOSTAL for integrated PV and heating control. Kai Langel of KOSTAL interviewed about the partnership.
- IBC Solar ItaliacoreNew distribution partner in Italy, IBC Solar Italia, providing my-PV products to the Italian market.
- SolarzielminorNew supply source for professional tradespeople, expanding distribution network.
- MoseckerminorNew distribution partner expanding availability of my-PV products.
Scale indicators7 records
Recent moves9 records
Expansion highlights4 records
My-PV competitors and assessment
Company assessmentBroad incumbents
- Stiebel Eltron: German heating technology incumbent with a broad portfolio spanning heat pumps, hot water heating, and PV-integrated heating solutions. Overlaps with My-PV in PV-to-heat and hot water heating but as part of a much wider heating portfolio rather than a focused PV-surplus niche.
- Enphase Energy: Microinverter and home energy systems provider (IQ8, IQ Battery) with growing load-control capabilities including hot water and EV charging. A broad incumbent adjacent to My-PV's surplus-heating value proposition.
- Vaillant: European heating technology group with heat pumps, condensing boilers, and PV-ready heating controls. Competes with My-PV for the residential heating decarbonization wallet, particularly in Germany and Austria.
- Viessmann: Major German heating and climate solutions manufacturer offering heat pumps, boilers, and PV-integrated heating controls (Vitotronic). Overlaps with My-PV's PV-surplus heating proposition but serves customers with broader heating system portfolios rather than focused PV controllers.
- SolarEdge: Global PV inverter and power optimizer manufacturer with growing home energy management capabilities (inverters, batteries, smart EV chargers, hot water controllers). Competes for the integrated PV-surplus-heating wallet and increasingly bundles surplus-load control that overlaps with My-PV.
- Bosch Thermotechnology: Division of Bosch offering heat pumps, hybrid heating systems, and PV-integrated solutions (e.g., Bosch Smart Home). A broad incumbent in the European residential heating market where My-PV positions its direct PV-electric heating as an alternative.
- Daikin: Global HVAC and heat pump leader (Altherma product line). Competes with My-PV as the primary decarbonized heating alternative in European residential markets where heat pumps receive strong policy support.
Direct peers
- Tigo Energy: US-based PV module-level power electronics manufacturer (optimizers, rapid shutdown) with growing energy management features. A direct peer in the PV power electronics category, offering complementary but more inverter-focused solutions to My-PV's surplus-heating controllers.
Others
- SMA Solar Technology: Leading PV inverter manufacturer and named integration partner of My-PV (co-exhibits at Solar Solutions Amsterdam). SMA's Sunny Boy/Sunny Tripower inverters and energy management platforms increasingly include surplus-load features that compete with or enable My-PV's controllers.
Emerging players
- 1Komma5°: German-based energy startup offering integrated PV, heat pump, and home energy management solutions with a focus on residential self-consumption. Operates in overlapping customer segment and value proposition (maximizing PV self-consumption) but with a heat pump-led stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
My-PV social profiles
Digital presenceMy-PV compliance and trust
Trust signalCompliance1 record
My-PV financial estimates
Financial estimateRevenue estimate
Valuation estimate
My-PV leadership team
Management profileNumber of profiles
Profiles3 records
My-PV funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
My-PV 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 My-PV
What does My-PV do?
My-PV designs, manufactures, and distributes proprietary hardware devices that convert surplus photovoltaic electricity directly into thermal energy for hot water and space heating. The core product lines include the AC ELWA family of wall-mounted hot water heaters, AC THOR controllers (including the 9s variant with up to 18 kW three-phase capacity), and SOL•THOR DC power managers that connect heating elements directly to PV systems without an inverter. These devices are sold through certified professional installers and a network of national distributors across more than 20 countries.
Is My-PV a public or private company?
My-PV is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was My-PV founded?
My-PV was founded in 2011. It employs 11 to 50 people.
Where is My-PV based?
My-PV is headquartered in Neuzeug, Austria, in the Europe region.
How does My-PV make money?
Two revenue lines are on record. Hardware Product Sales are the primary driver. The others are cloud Services.
Who are My-PV's main competitors?
Broad incumbents on record are Stiebel Eltron, Enphase Energy, Vaillant, Viessmann, SolarEdge, Bosch Thermotechnology and Daikin. Tigo Energy is listed as a direct peer. SMA Solar Technology is listed as an others. 1Komma5° is listed as an emerging player.
Does My-PV have an API?
Yes. my-PV offers flexible control via API for integrating with third-party systems. The API allows partners and developers to programmatically control my-PV devices and access data from the my-PV Cloud. Developer documentation is at www.my-pv.com/en/info/downloads.
What industry is My-PV in?
My-PV's product category is Solar Heating Equipment. Its primary akta.pro industry code is EUAMABAE, Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters), with a secondary code of EUACAGAC, PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations). Its NAICS code is 3334 and its SIC code is 3600.