Exolar
Exolar is a Querétaro-based solar energy company that designs, installs, and sells photovoltaic systems for residential, commercial, industrial, and micro-mobility applications, offering Energy-as-a-Service through KIWAPOWER and distributing via showroom, e-commerce, field sales, and dealer networks across Mexico.
- Company typePrivate
- Founded-
- HeadquartersQuerétaro, Mexico
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
Exolar firmographics
Firmographics- Name
- Exolar
- Legal name
- Fabricaciones Solares S.A. de C.V.
- Website
- https://exolar.com
- Company type
- Private
- Operating status
- Operating
- Short description
- Exolar is a Querétaro-based solar energy company that designs, installs, and sells photovoltaic systems for residential, commercial, industrial, and micro-mobility applications, offering Energy-as-a-Service through KIWAPOWER and distributing via showroom, e-commerce, field sales, and dealer networks across Mexico.
- Ownership category
- akta.pro rank
Exolar industry classification
Industry- Product category
- Solar Energy Installation Services
- NAICS
- Solar Electric Power Generation (221114)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industry
- Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)
Keywords
Where Exolar is headquartered
LocationHeadquarters
- HQ city
- Querétaro
- HQ country
- Mexico
- HQ region
- Latin America
Offices2 records
Markets served
Exolar business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Solar Panel and Kit Hardware Sales: Exolar sells solar panel kits, portable solar plants, solar awnings for golf carts, carports, pergolas, and industrial air extractors directly to residential, commercial, and industrial customers. Revenue is generated through one-time product sales with installation services.
- Solar Installation Services: Professional solar system design and installation services for residential, commercial, and industrial customers, provided either as standalone services or bundled with product sales.
- Energy as a Service (EaaS) - KIWAPOWER: Through the KIWAPOWER program, Exolar designs and installs solar PV systems at its own cost on client facilities and supplies clean electricity at a fixed peso tariff per kWh during the contract term. This is a managed services model with recurring energy supply revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | KIT 1 - 2 Solar Panels (Residential) |
| Subscription | Pay-as-you-go | KIWAPOWER Energy as a Service (Commercial/Industrial) |
| One time/ perpetual license | Pay-as-you-go | Portable Solar Plant 100W |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Exolar product offering
Product offeringCore offering
Exolar is a Mexican solar energy engineering firm that designs, sells, and installs photovoltaic solar systems for residential, commercial, and industrial customers. Its portfolio includes 1, 2, and 4-panel solar kits with optional LiFePO4 battery storage, portable 100W solar plants, solar carports, solar pergolas, solar awnings for golf carts, and solar-integrated industrial air extractors. Through its KIWAPOWER partnership, Exolar also delivers an Energy-as-a-Service (EaaS) offering in which it funds, installs, and operates industrial solar systems at no upfront cost to the customer and supplies electricity under a fixed kWh tariff.
Product overview
Exolar (Fabricaciones Solares S.A. de C.V.) is a Queretaro-based solar energy company with over 40 years of industry experience developing technology for residential, commercial, industrial, and micro-urban mobility applications. The product portfolio consists of solar panel kits (KIT 1 with 2 panels producing 140 KWh/bimester and KIT 2 with 4 panels plus LiFePO4 batteries), portable solar plants (100W), golf cart solar shades (Toldos Solares), carport structures (30 panels, 7.5 kW), industrial air extractors (50W), and solar pergolas (40 panels, 10 KWp). The company also offers the KIWAPOWER Energy-as-a-Service program for commercial and industrial clients. Product lines include S-Class Professional Poly and GSP60-P panel series, targeting domestic, industrial, and commercial sectors.
Differentiator
Problem solved
Functional benefit
Brands
- KIWAPOWER: Energy as a Service (EaaS) brand for industrial solar power supply - a partnership offering where Exolar designs and installs solar systems and supplies clean energy at fixed rates.
Products and services
- KIT 1 - 2 Solar Panels (KIT 1 - 2 Paneles Solares) Standardized residential solar kit containing 2 LG NeON 2 photovoltaic panels, energy meter, support structure, and accessories; designed for Mexican homeowners seeking a turnkey small-scale rooftop or ground-mounted solar installation.
- KIT 2 - 4 Solar Panels with Batteries (KIT 2 - 4 Paneles Solares con Baterías) Higher-tier residential solar kit containing 4 LG NeON 2 photovoltaic panels, 4 LiFePO4 batteries, energy meter, support structure, and accessories; aimed at Mexican homeowners wanting battery-backed solar generation.
- Portable 100W Solar Plant (Planta Portátil 100W) Portable off-grid solar power plant rated at 100W, built from 4 photovoltaic panels and 4 LiFePO4 batteries; designed for users needing movable solar generation where fixed installation is not practical.
- Solar Golf-Cart Awning (Toldo Solar) Solar awning designed to be mounted over golf-cart parking, charging the cart's batteries while parked in the sun; targeted at golf-course operators and golf-cart fleet owners seeking to lower overnight charging costs.
- Solar Carport (Carport Solar) Engineered solar carport that generates photovoltaic electricity while providing shade for vehicles in commercial parking lots; sold to commercial and industrial customers in Mexico.
- Solar Pergola (Pérgola Solar) Solar pergola structure using IPR-beam construction with integrated photovoltaic panels, generating electricity while providing shaded outdoor space; sold to commercial and industrial customers in Mexico.
- Industrial Air Extractor (Extractor de Aire Industrial) Industrial air extractor with integrated photovoltaic power supply, providing ventilation for industrial facilities without depending on grid electricity; targeted at industrial customers in Mexico.
- KIWAPOWER Energy-as-a-Service (KIWAPOWER Energía como Servicio) Subscription-based Energy-as-a-Service offering delivered in partnership with KIWAPOWER, in which Exolar funds, installs, and operates an industrial solar system at the customer's site at no upfront cost and supplies the generated electricity to the customer at a fixed kWh tariff under a long-term supply agreement.
- Solar Installation and Engineering Services Professional solar system design, installation, and engineering services delivered by Exolar across residential, commercial, and industrial segments in central Mexico, supporting both direct-purchase and EaaS deployments.
Quantifiable outcome
- Up to 90% reduction in electricity costs for agroindustrial clients in Aguascalientes using solar panels
- +3 more outcomes
Companies that use Exolar
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Exolar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Exolar partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- KIWAPOWERcoreExolar partners with KIWAPOWER to deliver Energy as a Service (EaaS) solutions to commercial and industrial clients. Under this arrangement, Exolar designs and installs industrial-scale solar PV systems at its own cost on client premises, and KIWAPOWER supplies clean energy at a fixed tariff in Mexican pesos per kWh during the contract period. This eliminates the need for clients to make upfront capital investments in solar infrastructure.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Exolar competitors and assessment
Company assessmentOthers
- Trina Solar: Global Tier-1 solar panel manufacturer and downstream project developer. Currently a prospective upstream supplier and potential competitor to Exolar as Trina expands distributed solar in Latin America.
- Jinko Solar: Largest global solar panel manufacturer by volume. Relevant as an upstream supplier and as a structural pricing force in the PV market that ultimately defines Exolar's gross margins on EPC projects.
Broad incumbents
- SunPower (TotalEnergies): Global residential and commercial solar installer with deep Mexican exposure. Sells premium panels and integrated EPC solutions; comparable to Exolar on residential/C&I solar delivery and as a long-term potential acquisition or partnership counterparty.
- Enel Green Power México: Subsidiary of Enel's global renewable arm, operating large-scale solar and wind projects across Mexico. Sets the competitive benchmark for utility-scale and C&I solar in Mexico and could partner with or compete against Exolar on industrial EaaS deals.
- Tesla Energy: Tesla's solar roof and solar panel products target the same residential and small-commercial buyer Exolar serves. Comparable in product category and end-customer pain points, though distributed through a fundamentally different premium-brand model.
Regional players
- Sunrun: Leading US residential solar lease and PPA provider. Conceptually comparable to Exolar's KIWAPOWER EaaS model (zero upfront solar with monthly payments), but operating in the US rather than Mexico, hence a relevant regional reference rather than a direct competitor.
Direct peers
- Solarsis México: Mexican solar EPC and installer serving residential, commercial and industrial customers across multiple states. Highly comparable business model to Exolar — panel-based installations, design-build services, and project-based revenue in the same domestic Mexican market.
- Energea: Mexico-based solar energy company offering distributed generation, solar panels, and energy services for residential and commercial customers. Comparable to Exolar in product mix (PV kits + installation) and Mexican GTM focus.
- Suntropolar: Mexican solar EPC targeting residential and commercial customers with integrated solar panel sales and installation. Directly comparable on customer base, business model, and geography.
- IUSASOL: Mexican solar energy integrator focused on residential, commercial and industrial PV installations. Directly comparable to Exolar on customer segments, solar EPC scope, and Mexican regional footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Exolar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Exolar leadership team
Management profileNumber of profiles
Exolar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Exolar 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 Exolar
What does Exolar do?
Exolar is a Mexican solar energy engineering firm that designs, sells, and installs photovoltaic solar systems for residential, commercial, and industrial customers. Its portfolio includes 1, 2, and 4-panel solar kits with optional LiFePO4 battery storage, portable 100W solar plants, solar carports, solar pergolas, solar awnings for golf carts, and solar-integrated industrial air extractors. Through its KIWAPOWER partnership, Exolar also delivers an Energy-as-a-Service (EaaS) offering in which it funds, installs, and operates industrial solar systems at no upfront cost to the customer and supplies electricity under a fixed kWh tariff.
Is Exolar a public or private company?
Exolar is a private company. It is classified as unknown and is currently operating.
When was Exolar founded?
Exolar was founded in -1.
Where is Exolar based?
Exolar is headquartered in Querétaro, Mexico, in the Latin America region.
How does Exolar make money?
Three revenue lines are on record. Solar Panel and Kit Hardware Sales are the primary driver. The others are solar Installation Services and energy as a Service (EaaS) - KIWAPOWER.
Who are Exolar's main competitors?
Others on record are Trina Solar and Jinko Solar. Broad incumbents are SunPower (TotalEnergies), Enel Green Power México and Tesla Energy. Sunrun is listed as a regional player. Direct peers are Solarsis México, Energea, Suntropolar and IUSASOL.
Does Exolar have an API?
No public API is recorded for Exolar.
What industry is Exolar in?
Exolar's product category is Solar Energy Installation Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAEADAB, Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting). Its NAICS code is 221114.