Praxia Energy

What Praxia Energy does

Praxia Energy is a Spanish manufacturer of fixed photovoltaic mounting structures, founded in 2006 by CEO Pablo Cuesta and headquartered in Oviedo, Asturias, with a production facility in Langreo. The company designs, engineers, and supplies steel-based support systems for ground-mounted, rooftop, and agrivoltaic solar installations, using cold roll forming and materials including hot-dip galvanized steel and Magnelis zinc-magnesium alloy coatings. Product portfolio spans fixed ground-mount structures, roof-mounted systems (including a non-drilling adhesive solution for sheet metal roofs), ballasted roof systems, agrivoltaic structures, and solar water pumping equipment, with project sizes ranging from 5 kW to 50 MW and a stated manufacturing capacity of 180 MW per year against an average throughput of approximately 130 MW.

The company sells primarily through direct enterprise relationships to EPC companies, project developers, and investment funds that finance solar projects, and has delivered structures into 44 countries spanning Europe, Africa, the Middle East, Asia, the Americas, and the Caribbean, with cumulative installed capacity exceeding 2,500 MWp. Pricing is project-specific and quote-based, with payment terms of up to 12 quarters backed by Spain's export credit agency CESCE. A key technical differentiator is a wind tunnel testing agreement with the University of Oviedo used to validate and optimize structural designs for diverse wind regimes. The firm operates with approximately 20 employees and runs no external institutional investment. Its carport/canopy line is housed in subsidiary Simply Solar, which was announced for listing on Spain's BME Growth market in 2024, separate from the core mounting structure business.

Name

Praxia Energy

Legal name

PRAXIA ENERGY, S.L.

Website

https://praxiaenergy.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Praxia Energy is a Spanish manufacturer of fixed photovoltaic mounting structures (ground-mounted, rooftop, agrivoltaic) for EPC companies, project developers, and investment funds, with 2,500+ MWp delivered across 44 countries.

Ownership category

akta.pro rank

Product category

Photovoltaic Mounting Structures

NAICS

Custom Roll Forming (332114)

SIC

Prefabricated Metal Buildings & Components (3448), Sheet Metal Work (3444)

akta.pro primary industry

Solar Mounting, Racking, Trackers & Structural BOS Manufacturing (EUAMAHAC)

akta.pro secondary industries

Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF), PV Mounting & Tracking Systems (Fixed-Tilt, Single-/Dual-Axis Trackers) (EUACAGAD), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)

Keywords

• Photovoltaic structures
• Solar mounting systems
• Ground-mounted solar
• Rooftop solar structures
• Agrivoltaic systems

Headquarters

HQ city

Oviedo

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Photovoltaic Structure Manufacturing and Sales: Design, engineering, manufacturing, and supply of photovoltaic structures for ground-mounted, rooftop, and carport installations worldwide. Products include fixed structures, ballasted systems, and specialized solutions. Manufacturing capacity of approximately 180 MW per year with average production of 130 MW.
2. Engineering and Design Services: Structural design, engineering calculations, and technical consulting for photovoltaic projects, including wind tunnel analysis and custom structural solutions for specific project requirements

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Praxia Energy designs, engineers, manufactures and supplies fixed photovoltaic mounting structures (ground-mounted, rooftop, agrivoltaic, and carport/canopy) for solar panel installations worldwide. The company produces hot-dip galvanized steel and aluminum support structures using cold roll forming, validates them through wind tunnel testing, and delivers projects ranging from 5 kW to over 50 MW. It also offers engineering, structural design and solar water pumping solutions.

Product overview

Praxia Energy is a manufacturer of fixed photovoltaic structures supplying projects worldwide across 44 countries. The product portfolio includes three main structure types: ground-mounted (driven pile or ballasted), roof-mounted (coplanar, triangular, ballasted, and non-drilling adhesive solutions), and agrivoltaic structures. Carport/canopy solutions are offered through subsidiary Simply Solar. The company also provides solar water pumping systems. Projects range from 5 kW to 50+ MW with a manufacturing capacity of approximately 180 MW per year. All products feature integrated design and manufacturing, 25-year warranties, and wind tunnel validation for structural integrity.

Differentiator

Problem solved

Functional benefit

Brands

• Simply Solar: Subsidiary company specialized in design and production of photovoltaic canopies for parking areas.

Products and services

• Fixed Ground-Mounted Photovoltaic Structures Fixed structures for ground-mounted solar installations, designed for various terrain conditions with options for driven piles or ballasted foundations, including wind tunnel-validated designs for high-wind environments. Sold to EPC companies, project developers and investment funds.
• Roof-Mounted Photovoltaic Structures Structures for rooftop solar installations including coplanar rail systems, triangular supports, and ballasted solutions, with non-drilling adhesive options for sheet metal roofs to eliminate penetration risks.
• Agrivoltaic Structures Elevated fixed photovoltaic structures designed to coexist with agricultural activities, allowing farming and livestock (e.g., sheep) beneath the panels while generating solar power.
• Photovoltaic Carports and Canopies Solar canopies for parking areas that generate electricity while providing vehicle shade and protection. Offered through wholly-owned subsidiary Simply Solar, planned for listing on BME Scale Up in 2024.
• Solar Pumping Systems Off-grid water pumping solutions using solar panels for agriculture, livestock, and human consumption, including direct pumping and tank storage options with optional automation sensors.

Quantifiable outcome

• Manufacturing capacity of 180 MW per year with average production of 130 MW
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Simply SolarcoreOEM/ Whitelabel/ Licensing Partner · 1 January 2024Subsidiary company specializing in design and production of photovoltaic canopies/carports. Simply Solar was planned to be listed on BME Scale Up (stock market) in Q2 2024, which would reinforce Praxia's value proposition to customers. The subsidiary offers complete carport solutions separate from Praxia's core structure business.
• ValforteccoreStrategic or Co-development Partner · 30 December 2020Exclusive partnership for development of photovoltaic structures for Valfortec's project portfolio in the Valencian Community totaling 100 MW by 2022. Praxia develops structures exclusively for these projects after modeling them in the wind tunnel to test wind loads. The partnership builds on previous collaborations in Japan, UK, and Chile. Valfortec is a developer and EPC company founded in 2005 in Valencia.
• University of OviedocoreTechnology or Integration · 9 October 2020Wind tunnel testing agreement allowing Praxia to test structural resistance and improve designs at the University's Mieres campus aerodynamic tunnel. The tunnel (nearly 400 square meters) is developed by the Hydraulics and Fluid Mechanics Engineering area. The agreement is valid for one year and enables Praxia to improve competitiveness in demanding international markets.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• RBI Solar: US manufacturer of ground-mount, roof-mount and carport PV mounting structures. Directly comparable product line to Praxia (fixed-tilt ground, rooftop, elevated/canopy), supplying EPCs and developers in commercial and utility-scale segments.
• K2 Systems: German mounting-systems manufacturer offering rooftop, ground-mount and carport PV structures. Direct competitor to Praxia across both pitched/flat-roof and ground-mount segments, and competes on the same bankability, warranty and engineering-quality axes in European tenders.
• STi Norland: Spanish PV racking manufacturer (single-axis trackers and fixed-tilt structures) headquartered in Pamplona. Closest Iberian peer to Praxia — same domestic market, similar EPC and developer channel, and overlapping product lines including ground-mount and rooftop fixed structures.
• PVHardware (PVH): Spanish manufacturer of solar trackers and fixed-tilt structures for utility-scale projects, exporting globally. Direct Spanish peer competing with Praxia on ground-mounted utility structures with similar bankability and global sales positioning.
• Clenergy: China/Australia-headquartered manufacturer of PV mounting systems for rooftop and ground applications. Comparable product mix to Praxia, particularly rooftop rail and triangular systems, and competes for the same emerging-market and Asia-Pacific tenders.
• Schletter Solar (Schletter Group): German manufacturer of ground-mount, rooftop, and carport PV mounting structures sold globally to EPCs and developers. Directly comparable to Praxia in product range (fixed-tilt ground/roof systems), bankability positioning, and reliance on cold-formed steel structures. Larger scale and broader geographic footprint make it the obvious direct benchmark.
• Esdec: Dutch-headquartered manufacturer of PV mounting systems for pitched, flat-roof and ground-mount applications. Directly competes with Praxia in rooftop and small/medium ground-mount projects and serves a similar EPC/installer channel across Europe, the same geographies Praxia prioritizes.
• GameChange Solar: US-headquartered, large-scale manufacturer of fixed-tilt and tracker PV racking for utility-scale projects. Direct peer on ground-mount utility structures, although considerably larger capacity; competes with Praxia on cost-per-MWp and bankability for international utility-scale tenders.
• Mounting Systems (Solar World Group / Pre-Solar): German manufacturer of PV mounting structures for ground-mount and rooftop, including ballasted systems. Direct product overlap with Praxia, particularly in ballasted rooftop and fixed-tilt ground structures sold into European EPC channels.

Broad incumbents

• Soltec Energías Renovables: Spanish solar tracker and PV infrastructure company listed on BME Growth; broader portfolio (trackers, EPC, services). Adjacent rather than direct overlap, but headquartered in the same region as Praxia and competes for talent, customers, and capital in Iberian solar infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/praxia-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Praxia Energy