Enlight
Enlight (TASE: Enlight Ene) is an Israeli renewable energy developer operating utility-scale solar and battery storage projects in the United States and Israel, monetizing output through long-term corporate PPAs including a 200 MW Google offtake agreement and Israeli power trading.
- Company typePublic
- Founded1982
- HeadquartersTaoyüan, Taiwan
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Enlight does
Enlight (TASE: Enlight Ene) is an Israeli renewable energy developer and independent power producer that develops, finances, and operates utility-scale solar and battery energy storage projects across the United States and Israel. The company is publicly listed on the Tel Aviv Stock Exchange as a constituent of the TA-35 index and has guided to USD 755-785M of full-year 2025 revenue, with an ambition to reach USD 2.1-2.3B of annual run-rate revenue by 2028.
The operating portfolio centers on hybrid solar-plus-storage assets. Operational US facilities include the Quail Ranch solar-plus-storage park in New Mexico and the Roadrunner complex in Arizona, both of which became operational in 2025 and drove 54% year-on-year Q1 2025 revenue growth. The pipeline includes the 200 MW Solstice solar farm in LeFlore County, Oklahoma, backed by a power purchase agreement with Google for data center supply and potentially expandable to 800 MWh of battery storage, plus a triple-hybrid wind, PV, and storage facility incorporating a 100 MW/220 MWh PowerTitan 3.0 BESS supplied by Sungrow. Enlight monetizes output through long-term (20+ year) corporate and utility PPAs and through power trading activity in the Israeli wholesale market.
Capital structure is anchored by project-level debt, exemplified by a USD 243M financing for the New Mexico project, with TA-35 public equity providing corporate-level funding. Customer concentration is anchored by hyperscale data center demand (Google), with utilities and Israeli power markets as secondary segments. Some source material references Enlight Metals (India-based contract manufacturing) and Enlight Lab (multi-agent AI systems under CEO Dhananjay Goel); these appear to describe adjacent entities using the Enlight brand rather than the core renewable energy business, and the financial figures attributable to the renewable energy business should be interpreted from the Israeli-listed reporting, not the consolidated financials table in the input, which appears to contain a unit or entity mismatch.
Enlight firmographics
Firmographics- Name
- Enlight
- Website
- https://enlightcorp.com.tw
- Company type
- Public
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Enlight (TASE: Enlight Ene) is an Israeli renewable energy developer operating utility-scale solar and battery storage projects in the United States and Israel, monetizing output through long-term corporate PPAs including a 200 MW Google offtake agreement and Israeli power trading.
- Ownership category
- akta.pro rank
Enlight industry classification
Industry- Product category
- Renewable Energy Generation and Storage
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111), Electrical Equipment Manufacturing (3353)
- SIC
- Cogeneration Services & Small Power Producers (4991), Miscellaneous Electrical Machinery, Equipment & Supplies (3690)
- akta.pro primary industry
- Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)
- akta.pro secondary industry
- Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets) (EUAMAHAL)
Keywords
Where Enlight is headquartered
LocationHeadquarters
- HQ city
- Taoyüan
- HQ country
- Taiwan
- HQ region
- Asia
Markets served
Enlight business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain
Revenue model
- Renewable energy generation and sales: Revenue from operational solar and storage assets including Quail Ranch solar-plus-storage park in New Mexico and Roadrunner complex in Arizona
- Power trading: Increased power trading activity in Israeli markets contributing to revenue growth
Go-to-market motion2 records
Distribution channels1 record
Enlight product offering
Product offeringCore offering
Enlight develops, constructs, and operates utility-scale solar generation and battery energy storage projects, selling electricity under long-term Power Purchase Agreements (PPAs) to enterprise customers such as Google. The company also operates a contract manufacturing business (Enlight Metals) in India producing mild steel products and an AI software unit (Enlight Lab) building multi-agent AI systems for industrial automation and procurement.
Product overview
Enlight operates as a diversified energy and technology company with two primary business segments. The renewable energy division (Enlight Energy) develops and operates solar farms and battery storage projects, including the Solstice solar farm in Oklahoma (200 MW), Quail Ranch and Roadrunner complexes in the US Southwest, and various hybrid wind/PV/storage facilities. The company targets USD 2.1-2.3 billion annual run rate by 2028. Separately, Enlight Metals operates a contract manufacturing business in India with an asset-light model, while Enlight Lab develops multi-agent AI systems for industrial operations automation.
Differentiator
Problem solved
Functional benefit
Products and services
- Solstice Solar Farm
- Quail Ranch Solar-Plus-Storage Park
- Roadrunner Complex
- Triple-Hybrid Wind, PV and Storage Facility
- Enlight Metals Contract Manufacturing
- Agentic AI-enabled Metal Procurement Platform
- Multi-Agent AI Systems
- Power Trading (Israel)
Quantifiable outcome
- 54% revenue growth in Q1 2025
- +1 more outcomes
Companies that use Enlight
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Enlight technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature2 records
Enlight partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- GooglecorePower purchase agreement for 200 MW of electricity from Solstice solar farm in LeFlore County, Oklahoma. Construction begins 2028, commercial operations targeted 2029. Project may include 800 MWh battery storage. This is Enlight's first project in the Southwest Power Pool market and marks expansion into data center sector.
- SungrowcoreContract for 100 MW/220 MWh battery energy storage system (PowerTitan 3.0) scheduled for delivery in Q2 2026 as part of a triple-hybrid wind, PV and storage facility. The system integrates 1.78 MW PCS with 7.14 MWh battery capacity achieving 92% round-trip efficiency.
Scale indicators6 records
Recent moves11 records
Expansion highlights5 records
Enlight competitors and assessment
Company assessmentDirect peers
- Invenergy: Privately held US developer of utility-scale wind, solar, and storage projects with hyperscaler and utility customers; comparable in asset mix, geographic footprint, and growth-stage economics.
- Lightsource bp: Global utility-scale solar developer and operator with co-development and PPA expertise; directly comparable business model around long-dated PPAs and integrated solar-plus-storage assets.
- NextEra Energy Resources: World's largest renewable energy developer and operator; competes for the same hyperscaler/utility PPAs across ERCOT, SPP, and PJM and is the natural scale benchmark for Enlight's 2028 run-rate ambition.
- EDF Renewables: Developer and operator of utility-scale wind, solar, and storage projects across the US; competes head-to-head for the same hyperscaler and utility PPA pipeline.
- Clearway Energy: US-listed renewable energy IPP with a portfolio of utility-scale wind, solar, and storage assets under long-dated corporate and utility PPAs — directly comparable platform to Enlight's solar-plus-storage IPP model and capital structure.
- AES Corporation: Global renewables and battery storage developer/operator with utility-scale and data-center exposure; closest peer for trip-hybrid and BESS-integrated projects and for serving enterprise clean-power customers.
Emerging players
- Avantus (formerly 8minute Solar Energy): US utility-scale solar and storage developer with hyperscaler PPA experience; comparable project mix and customer profile though smaller and more focused than Enlight.
- Arevon Energy: US-based developer/owner/operator of utility-scale solar and storage assets; competes for similar hyperscaler and utility PPAs at comparable project scale and structuring.
Broad incumbents
- Brookfield Renewable Partners: Global renewables platform with a much larger hydro/wind/solar/storage portfolio; relevant as a scaled incumbent with similar capital-markets profile (publicly listed yield vehicle).
- Engie (Global Renewables): Diversified global utility with major utility-scale renewable and storage development; relevant as a broader incumbent that competes for hyperscaler PPAs and large IPP portfolios.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Enlight social profiles
Digital presenceEnlight financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enlight leadership team
Management profileNumber of profiles
Profiles1 record
Enlight funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enlight 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 Enlight
What does Enlight do?
Enlight develops, constructs, and operates utility-scale solar generation and battery energy storage projects, selling electricity under long-term Power Purchase Agreements (PPAs) to enterprise customers such as Google. The company also operates a contract manufacturing business (Enlight Metals) in India producing mild steel products and an AI software unit (Enlight Lab) building multi-agent AI systems for industrial automation and procurement.
Is Enlight a public or private company?
Enlight is a public company. It is classified as public and is currently operating.
When was Enlight founded?
Enlight was founded in 1982. It employs 51 to 100 people.
Where is Enlight based?
Enlight is headquartered in Taoyüan, Taiwan, in the Asia region.
How does Enlight make money?
Two revenue lines are on record. Renewable energy generation and sales are the primary driver. The others are power trading.
Who are Enlight's main competitors?
Direct peers on record are Invenergy, Lightsource bp, NextEra Energy Resources, EDF Renewables, Clearway Energy and AES Corporation. Emerging players are Avantus (formerly 8minute Solar Energy) and Arevon Energy. Broad incumbents are Brookfield Renewable Partners and Engie (Global Renewables).
Does Enlight have an API?
No public API is recorded for Enlight.
What industry is Enlight in?
Enlight's product category is Renewable Energy Generation and Storage. Its primary akta.pro industry code is EUAEAAAG, Solar PV Power Plant EPC (Utility-Scale), with a secondary code of EUAMAHAL, Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets). Its NAICS code is 221114 and its SIC code is 4991.