What Solatio does

Solatio is a privately held solar project developer and investor operating across Brazil and Europe since 2009, self-described as the largest solar project developer in Latin America. The company develops, finances, and operates utility-scale photovoltaic projects with a cumulative pipeline of 20.9 GWp, generating 45.98 million MWh and displacing 3.68 million tonnes of CO2 to date. Its portfolio spans three distinct Brazilian electricity contracting environments: ACR (regulated auction PPAs with utilities), ACL (bilateral contracts with large industrial and commercial consumers in the free market), and GD (distributed generation for smaller commercial customers). The company also maintains a smaller European project portfolio in Mallorca, Spain, and a representative office in Artà.

The business model is asset-heavy project development combined with principal investment, with revenue derived from energy sales under long-term contracts, development and asset management fees, and equity returns on retained project stakes. Solatio reports 21.2 billion BRL in direct investments from major investment groups to underwrite its pipeline, and operates an ongoing public securities issuance program (NC Solatio - MANGA) supported by published Sustainable Finance and Green Bond Frameworks. The go-to-market is direct enterprise engagement: participation in regulated energy auctions and bilateral negotiations with large energy buyers.

The company's core technology is solar photovoltaic project development, and it is now extending into green hydrogen (H2V) production with a 3 GW project under development in Piauí, Brazil, intended to replicate its solar developer-investor model in the hydrogen vertical. Headcount is reported at 11-50, consistent with a lean sponsor structure. In May 2025, the company's grid access request for the Piauí hydrogen project was rejected by Brazil's Electric System Operator (ONS), and Solatio is reportedly considering a smaller-scale project or conversion into a data center complex.

Name

Solatio

Legal name

Solatio

Website

https://solatio.com.br

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Solatio is a privately held Brazilian solar project developer and investor, self-described as the largest in Latin America, developing utility-scale PV projects across ACR, ACL, and distributed generation segments and now expanding into green hydrogen production.

Ownership category

akta.pro rank

Product category

Solar Energy Project Development

NAICS

Solar Electric Power Generation (221114)

akta.pro primary industry

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

akta.pro secondary industries

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA) (EUACAGAH), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)

Keywords

• Solar project development
• Photovoltaic energy generation
• Renewable energy investment
• Green hydrogen production
• Distributed solar generation

Headquarters

HQ city

Votuporanga

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Solar Project Development and Investment: Solatio develops, invests in, and operates solar photovoltaic projects across Brazil and Europe. Revenue is generated through the sale of contracted energy to regulated utilities (ACR) and free market consumers (ACL), as well as distributed generation projects. The company acts as both developer and investor, capturing value across the project lifecycle.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Solatio develops, invests in, and operates solar photovoltaic projects across Brazil and Europe, serving the regulated (ACR), free market (ACL), and distributed generation (GD) segments with more than 20 GWp of developed capacity. The company acts as both developer and investor, capturing value across the full project lifecycle through long-term energy contracts, and is now expanding into green hydrogen (H2V) production with a planned 3 GW project in Piauí.

Product overview

Solatio is a leading solar project developer and investor operating in Brazil since 2009, with over 20 years of photovoltaic experience in Europe. The company operates three core business segments: ACR (Regulated Contracting Environment) for utility-scale regulated solar projects, ACL (Free Contracting Environment) for free market solar projects, and GD (Distributed Generation) for distributed solar installations. With over 20 GW of projects developed, Solatio has established itself as the largest solar developer in Latin America. The company is now expanding into green hydrogen (H2V) with a 3 GW project in Piauí. Additionally, Solatio offers sustainable finance products including green bond frameworks for financing its renewable energy portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• ACR - Regulated Contracting Environment Solar Projects Utility-scale solar photovoltaic projects developed to supply contracted energy into Brazil's regulated contracting environment (ACR) through government-administered energy auctions to distribution utilities.
• ACL - Free Contracting Environment Solar Projects Utility-scale solar photovoltaic projects developed to supply contracted energy to large industrial and commercial consumers in Brazil's free energy market (Mercado Livre / ACL) via bilateral agreements.
• GD - Distributed Generation Solar Projects Distributed solar generation projects for commercial and industrial customers in Brazil's distributed generation market, supporting on-site and local renewable energy supply.
• Green Hydrogen (H2V) Project Mega-scale green hydrogen (H2V) production project planned for Piauí, Brazil, leveraging renewable energy to produce hydrogen for industrial decarbonization applications.

Quantifiable outcome

• 45,980,000 MWh of energy generated
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• EDF Renewables: EDF Renewables is a global renewable developer with Brazilian wind and solar assets. It competes with Solatio in Brazilian utility-scale solar auctions and corporate PPA origination.
• AES Brasil: AES Brasil operates renewable generation assets in Brazil including wind and solar, competing with Solatio in the ACL free market for industrial and commercial energy buyers.
• Engie Brasil: Engie Brasil is a major energy company operating across generation, transmission, and distribution with growing renewables exposure. It competes with Solatio in Brazilian utility-scale solar auctions and free market PPA origination.
• Canadian Solar: Canadian Solar is a vertically integrated solar manufacturer and project developer with significant Brazilian development pipeline. It competes with Solatio in Brazilian utility-scale solar and project finance through its Recurrent Energy subsidiary.
• Enel Green Power: Enel Green Power is one of the largest global renewable energy developers with substantial operations across Latin America including Brazil. It directly competes with Solatio in utility-scale solar development and PPA origination in the Brazilian market.
• Lightsource bp: Lightsource bp is a global utility-scale solar developer and operator with growing Brazilian operations. It directly competes with Solatio in developing and financing large-scale PV projects for corporate and utility buyers.
• Iberdrola Renovables: Iberdrola is a Spanish-headquartered global renewable energy major with Brazilian operations through Neoenergia. Solatio's Spanish roots (Mallorca office) and Iberian history make Iberdrola a comparable peer across European and Brazilian solar markets.

Direct peers

• Scatec ASA: Scatec is a Norwegian renewable energy developer with emerging market focus including Brazil. It develops, owns, and operates solar projects in similar structures to Solatio, with comparable emphasis on emerging market solar PPA origination.
• Voltalia: Voltalia is a French renewable energy developer with significant Brazilian operations developing solar, wind, and hybrid projects. It is a direct peer in Brazilian utility-scale solar development and corporate PPA origination.
• Atlas Renewable Energy: Atlas Renewable Energy is a Latin America-focused solar project developer that develops, finances, and operates utility-scale PV projects in Brazil and other LatAm markets. It is one of Solatio's closest direct competitors in Brazilian solar development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/gruposolatio
• LinkedInlinkedin.com/company/solatio

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 Solatio