Novapower

Renewable Energy Servicesnovapower.it

Company typePrivate
Founded2008
HeadquartersFabriano, Italy
Headcount1–10
GTM typeB2B
OfferingServices

What Novapower does

Novapower S.r.l. is an Italian renewable-energy operator and project developer, founded in 2008 and headquartered in Fabriano (Marche), with additional offices in Rovereto (Trentino) and Milano (Lombardy). The company develops, constructs and manages a portfolio of photovoltaic plants and high-efficiency cogeneration/trigeneration installations, holding 15 MWp of managed capacity across five wholly-owned subsidiaries (Novapower S.r.l., Novapower L2 Srl, Eliosuasa Srl, EU.RO.MA Srl, San Lorenzo Srl) with individual plant sizes ranging from roughly 131 kWp to 4,641.84 kWp. Module suppliers across the fleet include Atersa, Trina Solar, Vipiemme Solar, Mage Solar, REC, Solarfun, Longi and JA Solar, while inverters are sourced from ABB, Bonfiglioli, Siemens, SMA, Huawei, Helios Systems, Santerno, Refusol and Vacon; cogeneration assets are deployed inside Ariston Group industrial sites (e.g., a 600 kWe plant in Genga and a 530 kWe trigeneration plant in Cerreto d'Esi completed in 2024).

The business operates two revenue streams: (i) electricity production from company-owned PV and cogeneration assets (the primary revenue mechanism), and (ii) professional services for investors and property owners covering feasibility studies, energy analysis, turnkey ("chiavi in mano") EPC installation and full asset management including technical and bureaucratic compliance. Since 2021 NovaPower has executed EPC work for third-party owners (Albacina, Cerreto d'Esi), extending the model beyond self-development. Go-to-market is direct B2B field sales targeting institutional investors and industrial asset owners in the Marche, Trentino and Lombardy regions.

NovaPower is a wholly-owned subsidiary of Merloni Holding, the family-controlled Italian conglomerate that also controls Ariston Group (a global heating and thermal-comfort leader with operations in 40 countries, 40+ production facilities and approximately €3 billion in revenue). The Ariston relationship is central: it supplies preferential access to industrial sites and surface rights for plant installation, and the cogeneration/trigeneration assets are physically co-located with Ariston's factories. The board is chaired by Carlo Germano Ravina (also Director General of Merloni's investment vehicle Novacapital) and led operationally as CEO by Simone Sarachini (concurrent CFO of Merloni Holding since 2023), reflecting tight integration with the parent group's finance and industrial strategy.

Novapower firmographics

Firmographics

Name: Novapower
Legal name: Novapower S.r.l.
Website: https://novapower.it
Company type: Private
Founded year: 2008
Operating status: Operating
Headcount range: 1–10 employees
Ownership category
akta.pro rank

Novapower industry classification

Industry

Product category: Renewable Energy Services
NAICS: Solar Electric Power Generation (221114)
SIC: Cogeneration Services & Small Power Producers (4991)
akta.pro primary industry: Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
akta.pro secondary industries: Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB), Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro) (EUAMAGAB), Renewable Energy Infrastructure (FSAAAKAG)

Keywords

Photovoltaic power generation
Cogeneration energy systems
Renewable energy production
Solar plant installation
Energy asset management

Where Novapower is headquartered

Location

Headquarters

HQ city: Fabriano
HQ country: Italy
HQ region: Europe

Offices3 records

Markets served

Novapower business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

Energy Production from Renewable Sources: NovaPower operates as a producer of electrical energy from renewable sources since 2008, managing its own installed capacity of photovoltaic and cogeneration plants. Revenue is generated from the sale of electricity produced by company-owned assets.
Investor Services (Project Development and Asset Management): NovaPower provides comprehensive services to investors including project development, turnkey installation, feasibility studies, energy analysis, and full plant asset management with technical and bureaucratic compliance support.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Novapower product offering

Product offering

Core offering

Novapower produces and sells electricity from renewable sources through its own portfolio of photovoltaic plants and high-efficiency cogeneration/trigeneration systems (15 MWp managed capacity), and provides B2B services for investors and industrial property owners including project feasibility studies, turnkey plant construction, and full asset management with technical and regulatory compliance. The company manages its assets across five wholly-owned subsidiaries in Italy and operates from offices in Fabriano, Rovereto, and Milan.

Product overview

Novapower operates as a renewable energy producer offering a portfolio of photovoltaic and cogeneration plants across Italy. The core offerings consist of photovoltaic plants (ground-mounted, rooftop, and building-integrated installations) with capacities from 131 kWp to 4,641.84 kWp, and cogeneration/trigeneration plants within industrial facilities. The company provides integrated services including project development and turnkey installation for investors, full asset management for operational plants, and surface rights arrangements for property owners. The portfolio spans 15 MWp of managed capacity across five subsidiary entities (Novapower Srl, Novapower L2 Srl, Eliosuasa Srl, EU.RO.MA Srl, and San Lorenzo Srl), with plants located in the Marche, Trentino, Veneto, and Lombardy regions.

Differentiator

Problem solved

Functional benefit

Products and services

Photovoltaic Plants
Cogeneration and Trigeneration Plants
Project Development and Installation Services (EPC)
Asset Management Services
Surface Rights Services

Companies that use Novapower

Customer profile

Segments1 record

Ideal customer profiles2 records

Novapower technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Novapower partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and minor.

Ariston GroupcoreStrategic or Co-development PartnerAriston Group is NovaPower's parent company through Merloni Holding. NovaPower operates renewable energy plants on Ariston's industrial facilities. The relationship provides NovaPower with access to industrial sites for plant installations and operational synergy within the Merloni group.
Moroni e Partners (M&P)minorStrategic or Co-development PartnerMoroni e Partners is listed as a NovaPower partner, potentially providing consulting or development services.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Novapower competitors and assessment

Company assessment

Direct peers

EF Solare Italia: Italy's largest pure-play solar IPP, operating a portfolio of utility-scale and distributed PV plants. Directly comparable as an Italian-focused solar asset owner and operator with similar incentive-era heritage and ongoing asset-management operations.
Encavis: German-listed independent power producer operating solar and wind parks across Europe. Comparable as a multi-country European renewable IPP with operating-asset scale and third-party operations/management capabilities.
Sonnedix: Global solar IPP with significant Italian and European presence operating distributed and utility-scale PV. Comparable business model of owning and operating solar plants plus offering third-party asset management services across multiple jurisdictions.
Voltalia: French renewable IPP and EPC services provider operating wind, solar, and biomass across multiple continents. Highly comparable — explicitly listed as a NovaPower partner — sharing integrated generation, development, and services model.
Asja Ambiente Italia: Italian renewable energy company operating biomass, biogas, solar, and cogeneration plants. Comparable as an Italian IPP combining renewable generation with cogeneration services for industrial sites.
European Energy: Danish renewable energy developer and operator active in solar and wind across Europe. Comparable as a full-chain renewable developer (development, EPC, asset ownership, asset management) operating in multiple EU markets.
Falck Renewables (now Entira): Italian-headquartered renewable energy IPP (rebranded as Entira post-2023 restructuring) operating wind, solar, and WtE across Europe. Comparable as a domestic Italian renewable operator with multi-technology generation and asset management offerings.
Renergetica: Italian renewable energy developer and asset manager focused on PV, wind, and energy efficiency projects. Comparable as a domestic Italian renewable developer offering turnkey project development and asset management for industrial clients.

Broad incumbents

Engie Italia: Italian arm of multinational utility Engie, active in renewables, cogeneration, and energy services. Comparable in operating solar and CHP plants for industrial customers in Italy but as part of a much wider European energy portfolio.
Enel Green Power: Global renewable energy subsidiary of Enel Group and one of the world's largest wind/solar/geothermal operators. Overlapping in solar generation and O&M in Italy but operating at vastly larger scale across a much broader portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Novapower financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Novapower leadership team

Management profile

Number of profiles

Profiles6 records

Novapower subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Novapower funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Novapower M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Novapower

What does Novapower do?

Is Novapower a public or private company?

Novapower is a private company. It is classified as corporate owned and is currently operating.

When was Novapower founded?

Novapower was founded in 2008. It employs 1 to 10 people.

Where is Novapower based?

Novapower is headquartered in Fabriano, Italy, in the Europe region.

How does Novapower make money?

Two revenue lines are on record. Energy Production from Renewable Sources are the primary driver. The others are investor Services (Project Development and Asset Management).

Who are Novapower's main competitors?

Direct peers on record are EF Solare Italia, Encavis, Sonnedix, Voltalia, Asja Ambiente Italia, European Energy, Falck Renewables (now Entira) and Renergetica. Broad incumbents are Engie Italia and Enel Green Power.

Does Novapower have an API?

No public API is recorded for Novapower.

What industry is Novapower in?

Novapower's product category is Renewable Energy Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAEAGAB, Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal). Its NAICS code is 221114 and its SIC code is 4991.