Econetique

What Econetique does

Econetique Ltd is a Malta-based renewable energy and climate control solutions provider, founded in 2009 as an initiative of FXB Group (also operating as JoinwellFxb). The company designs, supplies, and installs photovoltaic systems, air-conditioning, domestic and commercial heat pumps, Building Integrated Photovoltaic (BIPV) glass, solar water heaters, underfloor heating, pool heating and dehumidification, and thermal and sound insulation for residential and commercial customers across Malta and Gozo.

Its technical offering is built on carefully curated third-party components rather than proprietary manufacturing: PV systems are assembled from Sharp and Bisol panels with SMA or Enphase inverters; air-conditioning is anchored by its exclusive Sinclair distributorship; BIPV comes from Onyx Solar; heat pumps from Ariston and Dantherm; insulation from BASF and URSA; solar thermal from Thermic Solar. The integration of these brands into tailor-made projects, combined with installation services and after-sales support, is the core service offering. The company was the first to install BIPV in the Maltese islands (2014) and holds ISO 9001:2015 and ISO 14001:2015 certifications.

Econetique operates a sales-led, direct-to-customer model with three physical locations (Xewkija head office, plus showrooms in Birkirkara and Qormi), a quote-based pricing approach, and inbound leads driven through its website, phone, and social media. Revenue is generated from hardware sales combined with professional installation services. Its customer base is split horizontally between residential projects and commercial clients (commercial AC systems up to 270kW), with no disclosed enterprise anchor customers and project-level rather than recurring-revenue contracts.

Name

Econetique

Legal name

Econetique Ltd

Website

https://econetique.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Econetique Ltd designs, supplies, and installs photovoltaic systems, air-conditioning, heat pumps, BIPV, insulation, and solar water heating for residential and commercial customers across Malta and Gozo, operating as an integrated installer-distributor of premium third-party brands.

Ownership category

akta.pro rank

Product category

Renewable Energy and HVAC Solutions

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Commercial HVAC/R Installation (Rooftop Units, Split Systems) (HSAOAGAH), Equipment Installation & Upgrades (Automation, Covers, Sanitizers) (HSAIALAJ)

Keywords

• Photovoltaic systems
• Air conditioning
• Renewable energy
• Heat pumps
• Building insulation

Headquarters

HQ city

Rabat

HQ country

Malta

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Product Sales and Installation: Econetique sells and installs energy efficiency and renewable energy products including air conditioning systems, photovoltaic systems, heat pumps, underfloor heating, insulation, and solar water heaters. Products are sourced from premium international brands and customized for each project.
2. Professional Installation Services: The company provides design, supply, and installation services for all products. Installation includes tailormade project design to customer needs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Econetique designs, supplies, and installs photovoltaic systems, residential and commercial air-conditioning systems, domestic and commercial heat pumps, Building Integrated Photovoltaic (BIPV) panels, underfloor heating, solar water heaters, pool heating and dehumidification systems, and thermal and sound insulation. Products are sourced from premium international brands (Sinclair, Sharp, SMA, Bisol, Enphase, Onyx Solar, Ariston, Dantherm, BASF, URSA, Thermic Solar) and configured into tailor-made projects with professional installation and after-sales service for residential and commercial customers in Malta and Gozo.

Product overview

Econetique is a renewable energy and climate control solutions provider serving Malta and Gozo since 2009, offering design, supply and installation services. The product portfolio centers on energy efficiency with core offerings including air conditioning systems (Sinclair residential and commercial units), photovoltaic systems (Sharp, Bisol with SMA/Enphase inverters), domestic heat pumps (Ariston Nuos Plus), and building solutions (BIPV by Onyx Solar, thermal/sound insulation, underfloor heating, pool heating/dehumidification by Dantherm, and solar water heaters by Thermic Solar). The company operates as a certified installer and supplier rather than manufacturer, integrating third-party branded components into comprehensive energy solutions for residential and commercial projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Air Conditioning Systems Residential and commercial air conditioning solutions supplied and installed by Econetique, featuring Sinclair products including wall-mounted units (Ray, Keyon, Terrel series), cassette units, floor-to-ceiling units, ducted units, multi-split systems (1 to 5 indoor units per outdoor unit), and SDV5 commercial systems from 28kW to 270kW supporting up to 64 indoor units per system. Designed for homeowners, businesses, shops, halls, workshops, and larger rooms across Malta and Gozo.
• Building Integrated Photovoltaic (BIPV) Building Integrated Photovoltaic glass panels by Onyx Solar that replace conventional architectural glass in facades, curtain walls, atriums, canopies, and terrace floors while generating electricity and providing thermal and sound insulation. Targeted at commercial and architectural projects in Malta and Gozo seeking integrated renewable generation and building envelope solutions.
• Domestic Heat Pump (Ariston Nuos Plus Wi-Fi) Energy-efficient domestic water heating systems by Ariston, delivering up to 80% energy savings versus traditional electric storage water heaters, COP up to 3.14, water temperatures up to 62°C, with Wi-Fi control. Available in 200L and 250L models. Designed for residential customers in Malta and Gozo.
• Pool Heating and Dehumidification Indoor pool dehumidification and pool heating solutions by Dantherm, including wall-mounted, through-wall, and ducted dehumidifiers (CDP-40 to CDP-165 series) and residential swimming pool heat pumps with average COP 9.7 and eco-friendly R32 refrigerant. Targeted at residential and commercial pool facilities in Malta and Gozo.
• Photovoltaic Systems Tailor-made photovoltaic solutions designed with Sharp 410W panels, Bisol Lumina series (310W and 185W variants) and SMA or Enphase inverter technology, including micro-inverter configurations for flexible panel layouts. Covers residential, commercial, and free-field installations with 15-year product and 25-year performance guarantees. Targeted at residential and commercial property owners in Malta and Gozo.
• Sound Insulation Sound insulation products by URSA (including URSA TERRA with increased recycled content) and NDA for partitions, floors, and ceilings across projects of all sizes. Targeted at residential and commercial construction and renovation projects in Malta and Gozo.
• Solar Water Heaters

Quantifiable outcome

• Up to 80% energy saving compared to traditional electric storage water heaters
• +4 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and flagship.

• Sinclair Corporation LtdcoreChannel Partner/ Reseller/ DistributorOfficial agent and supplier for Sinclair Air conditioners in Malta and Gozo. Sinclair was founded in 1999 and is represented in 25 countries, specializing in air conditioning, heat pumps, and LED lighting.
• SharpcoreTechnology or IntegrationSharp is one of the world's largest photovoltaic manufacturers with 60 years of experience. Econetique offers Sharp 410W panels (NUJC410) with 108 half-cells, 21% efficiency, MCS certified with 15-year product and 25-year performance guarantee.
• SMAcoreTechnology or IntegrationLeading global specialist in photovoltaic system technology. Econetique configures photovoltaic systems with SMA inverter technology for decentralized and digital renewable energy supply.
• BisolcoreTechnology or IntegrationEuropean solar manufacturer active since 2004. Econetique offers Bisol Lumina series with 310W and 185W panels. Features bifacial half-cut cells, 15-year product guarantee, 25-year performance guarantee with minimum 85% in year 25.
• EnphasecoreTechnology or IntegrationFounded in 2006, Enphase transformed the solar industry with micro-inverter technology. Econetique uses Enphase micro-inverters for flexible PV configurations, including Bisol Lumina systems.
• AristoncoreChannel Partner/ Reseller/ DistributorGlobal specialist in water heating since 1960. Econetique supplies Ariston Nuos Plus Wi-Fi heat pumps (200L and 250L) with up to 80% energy savings and COP up to 3.14.
• DanthermcoreChannel Partner/ Reseller/ DistributorEuropean leader in climate control solutions since 1958. Dantherm provides pool dehumidifiers (CDP series) and pool heat pumps with COP 9.7 and eco-friendly R32 refrigerant.
• BASFcoreChannel Partner/ Reseller/ DistributorGerman chemical company with 150+ years history. Econetique presents STYRODUR insulation products with thickness starting from 2cm for roof, wall, and floor insulation.
• URSAcoreChannel Partner/ Reseller/ DistributorInsulation expertise company established in 1949 in Spain. URSA provides award-winning thermal and sound insulation products including URSA TERRA with increased recycled content.
• Onyx SolarcoreTechnology or IntegrationWorld's leading manufacturer of transparent photovoltaic glass for buildings. Onyx Solar provides BIPV panels that offer thermal and sound insulation while generating electricity. Econetique was first to install BIPV in Malta in 2014.
• Thermic Solar (Thermic Ltd)coreChannel Partner/ Reseller/ DistributorGreek manufacturer established in 1977, specializing in solar thermal products. Thermic's LAVA solar water heaters have been established in Malta for 30+ years. Products: 150L, 200L, 300L tanks. 100% eco-friendly, recyclable.
• FXB GroupflagshipStrategic or Co-development PartnerParent company that initiated Econetique in 2009 as an initiative in the renewable energy field. FXB Group established the company to bring eco-conscious solutions to the Maltese market.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Daikin: Global HVAC manufacturer and direct-to-consumer installer. Comparable because Daikin offers the residential and light-commercial AC and heat-pump categories Econetique resells via Sinclair, often selling and installing directly via its own dealer network in EU markets including Malta.
• Enel Green Power: Global renewable energy developer with growing retail and C&I solar offerings across southern Europe. Comparable as Enel Green Power's residential/commercial solar services compete with Econetique's PV and BIPV installations in the broader Mediterranean market.
• Bosch Thermotechnology: Manufacturer of heating, hot-water and HVAC systems (heat pumps, boilers) distributed through installer networks across Europe. Comparable because Bosch competes directly with Ariston- and Sinclair-equipped Econetique in the residential heat-pump and water-heating categories.
• Viessmann: European manufacturer of heating, industrial and refrigeration systems, particularly heat pumps and boilers. Comparable since Econetique's heat-pump and climate-control lines overlap with Viessmann products installed by competing local HVAC contractors in southern Europe.
• Ariston Group: Global water-heating specialist (Ariston, Elnur, Chaffoteaux brands) and Econetique's heat-pump supplier. Comparable as Ariston also operates direct installer/partner networks across the EU that compete with Econetique in domestic heat-pump and water-heater retrofits.
• Trina Solar: One of the world's largest PV module manufacturers with growing downstream EPC presence in Europe. Comparable as Econetique competes with Trina-equipped installers and Trina's direct utility/C&I solar offerings for residential and commercial PV projects.
• Mitsubishi Electric: Major HVAC and heat-pump manufacturer with established installer programs in the EU. Comparable as Econetique competes against Mitsubishi Electric-equipped local installers for residential and commercial AC projects in Malta.

Direct peers

• Voltalia: European renewable energy developer and IPP that designs, builds and operates solar, wind and storage projects, including C&I and residential solar. Comparable because Voltalia's EPC + ownership model competes with Econetique's commercial PV installations in southern Europe.
• SunPower (TotalEnergies): Residential and commercial PV solutions provider, now under TotalEnergies, offering design-supply-install services in EU markets. Comparable because SunPower's turnkey solar offering directly parallels Econetique's PV systems business model in southern European markets.

Emerging players

• SMA Solar Technology: Leading PV inverter manufacturer and Econetique's PV inverter partner. Comparable because SMA's growing direct digital-energy and home-storage offerings increasingly compete with the inverter-driven value Econetique's installer business currently captures.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/econetique
• Instagraminstagram.com/econetique
• LinkedInlinkedin.com/company/econetique

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Econetique