What Solidpower does

Solidpower (operating as SolydEra SpA) is an Italian developer and manufacturer of high-temperature fuel cell systems, headquartered in Mezzolombardo (Trentino), Italy, founded in 2006 with 101-250 employees. The company's flagship product, the BlueGen BG-15, is a micro combined heat and power (micro-CHP) unit built on Solid Oxide Fuel Cell (SOFC) technology using proton ceramic fuel cell architecture. Rather than burning fuel, the BG-15 extracts hydrogen from natural gas via an innovative internal reforming process and converts it directly into electricity and heat through an electrochemical reaction, achieving up to 89% overall efficiency. A single unit delivers up to 1.5kW of electric power, producing up to 13,000 kWh of electricity and 7,400 kWh of heat per year, and is multi-fuel capable across natural gas, natural gas with up to 20% hydrogen, bio-methane, and synthetic methane.

The BG-15 targets residential and commercial buildings as an add-on to existing heating systems, integrating via a hot water storage tank and requiring only standard connections for gas, water, electricity, chimney, and internet. The company generates revenue primarily through hardware sales of BlueGen units, distributed via a network of regional specialist trade partners across European markets, supplemented by direct customer support and recurring multi-year maintenance contracts with 24/7 remote monitoring. Pricing is contact-based and not publicly disclosed; the company also offers cascade configurations combining multiple units for higher-power commercial applications. Technology development has been supported by the European Union's Seventh Framework Programme (FP7/2007-2013) under grant agreement n°303.462 for the Fuel Cells and Hydrogen Joint Technology Initiative.

Leadership comprises Andreas Pichler (CEO), Massimo Bertoldi (CTO), Howard Sutton and Marco Alberani (co-COOs), Matthias G. Adler (Chief Sales Officer), and Olga Luzik (Group CFO). The company competes within a broader SOFC market projected to reach $9.3B by 2030 at 26.9% CAGR, alongside players such as Bloom Energy, Sunfire GmbH, Haldor Topsoe, and Mitsubishi Heavy Industries, though no ownership, capital structure, or revenue disclosures are available in the provided sources.

Name

Solidpower

Website

https://solidpower.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Italian developer of SOFC-based BlueGen BG-15 micro-CHP units generating up to 1.5kW electricity and heat at up to 89% efficiency for residential and commercial buildings, distributed across European markets via specialist trade partners with multi-fuel capability including hydrogen blends.

Ownership category

akta.pro rank

Product category

Micro-CHP Fuel Cell Systems

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Power Boiler and Heat Exchanger Manufacturing (33241)

SIC

Cogeneration Services & Small Power Producers (4991), Motors & Generators (3621)

akta.pro primary industry

Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM) (EUACALAK)

akta.pro secondary industries

Fuel Cell CHP (SOFC/PEM—Natural Gas/Biogas/Hydrogen) (EUACAKAG), Natural Gas CHP (Industrial & Utility-Scale) (EUACAKAA), Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI)

Keywords

• Solid oxide fuel cells
• Micro CHP systems
• Fuel cell technology
• Stationary power generation
• Combined heat power

Headquarters

HQ city

Mezzolombardo

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales - BlueGen BG-15: Sale of micro-CHP (combined heat and power) fuel cell units. Single units can be purchased and installed with connectivity to gas, water, electricity, chimney, and internet infrastructure.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Solidpower manufactures and distributes the BlueGen BG-15, a solid oxide fuel cell (SOFC) micro-combined heat and power (CHP) unit that delivers up to 1.5 kW of electrical output and supplemental heat for residential and commercial buildings. Each unit converts natural gas, natural gas with up to 20% hydrogen, bio-methane, or synthetic methane into electricity and heat via electrochemical reaction, with overall efficiency up to 89% and up to 13,000 kWh of electricity and 7,400 kWh of heat per year per unit. The product is supplied as an add-on to existing heating systems and is sold through a European partner network of specialist trade installers with direct customer support from the manufacturer (SolydEra SpA, Italy).

Product overview

No specific product portfolio information for Solidpower was found in the provided sources. The sources contain general market intelligence about the solid oxide fuel cell and electrolyzer market (referencing companies such as Bloom Energy, Sunfire GmbH, Haldor Topsoe, Mitsubishi Heavy Industries) and a detailed product page for Bluegen micro-CHP units, which is branded and owned by SolydEra, not Solidpower. No products, modules, or named offerings were identified as belonging to Solidpower specifically.

Differentiator

Problem solved

Functional benefit

Products and services

• BlueGen BG-15 Micro-CHP Unit A solid oxide fuel cell (SOFC) micro-combined heat and power (CHP) unit that converts natural gas, natural gas blended with up to 20% hydrogen, bio-methane, or synthetic methane into electricity and heat through electrochemical reaction. Delivers up to 1.5 kW of electrical output (up to 13,000 kWh/year) and supplemental heat (up to 7,400 kWh/year) per unit, achieves up to 89% overall efficiency, and is designed as an add-on to existing heating systems via a hot water storage tank. Multiple units can be cascaded for higher demand, with quiet vibration-free operation and zero NOx/SOx or particulate emissions. Sold directly and through a European specialist trade partner network to single-family residential and commercial building customers.

Quantifiable outcome

• Up to 50% carbon footprint reduction in natural gas operation
• +4 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sunfire: German SOFC and solid oxide electrolyzer (SOEC) developer for industrial power-to-X and fuel applications. Comparable as a European SOFC/SOEC technology developer explicitly named alongside Solidpower in SOFC market reporting.
• Ceres Power: UK-based developer of solid oxide fuel cell (SteelCell) technology for residential micro-CHP, commercial power, and data centers. Highly comparable as a SOFC technology provider targeting residential and commercial distributed power and heat.
• Convion: Finnish manufacturer of SOFC-based micro-CHP systems for commercial and industrial distributed generation. Directly comparable in product (fuel-cell micro-CHP), fuel flexibility, and target customer profile of commercial and small industrial sites in Europe.
• Viessmann (Hexis fuel cell division): German heating technology major that acquired Hexis, a developer of SOFC micro-CHP units for residential buildings. Direct overlap in fuel-cell micro-CHP for residential heating, leveraging Viessmann's broader HVAC distribution and service network.

Broad incumbents

• Bloom Energy: US-listed leader in stationary SOFC systems for commercial and industrial customers. Operates in the same SOFC category as Solidpower but at larger commercial/industrial scale, and is frequently cited alongside Solidpower in SOFC market intelligence.
• FuelCell Energy: US-listed stationary fuel cell company (molten carbonate and SOFC platforms) serving utilities, industrial, and commercial customers. Comparable as a stationary fuel cell power and heat provider, though at larger scale and with broader platform reach.
• Bosch Thermotechnology: Major European heating and hot-water equipment OEM with a fuel cell CHP offering (previously Bosch Power Tec). Competes broadly with Solidpower in residential and commercial heating, with significantly larger scale, distribution, and service infrastructure.
• Topsoe: Danish catalyst and SOEC technology company targeting industrial green hydrogen and Power-to-X. Comparable as a European SOFC/SOEC adjacent technology player frequently referenced alongside Solidpower in SOFC market intelligence.
• Mitsubishi Heavy Industries: Japanese industrial conglomerate with SOFC stationary power and hydrogen equipment offerings. Comparable as a large established player in stationary SOFC power generation, identified alongside Solidpower in market intelligence.

Regional players

• Doosan Fuel Cell: Korean stationary fuel cell provider serving commercial and industrial customers across Asia. Comparable SOFC stationary power offering, but primarily serves Asia rather than the European markets where Solidpower is concentrated.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/SOLIDpower_EN
• Facebookfacebook.com/SOLIDpowerEN
• LinkedInlinkedin.com/company/solidpower_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 Solidpower