VERGNET
- Company typePublic
- Founded1989
- HeadquartersOrmes, France
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
VERGNET firmographics
Firmographics- Name
- VERGNET
- Legal name
- Vergnet SA
- Website
- https://vergnet.com
- Company type
- Public
- Founded year
- 1989
- Operating status
- Closed
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
VERGNET industry classification
Industry- Product category
- Renewable Energy Equipment
- NAICS
- Turbine and Turbine Generator Set Units Manufacturing (333611), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)
- SIC
- Engines & Turbines (3510), Motors & Generators (3621)
- akta.pro primary industry
- Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls) (EUAMACAC)
- akta.pro secondary industries
- Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF), Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI), Wind Grid Interconnection & Power Systems (Transformers, Reactive Power, SCADA) (EUAMACAK)
Keywords
Where VERGNET is headquartered
LocationHeadquarters
- HQ city
- Ormes
- HQ country
- France
- HQ region
- Europe
Offices10 records
Markets served
VERGNET business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Turnkey EPC Projects: Engineering, procurement and construction of wind, solar and hybrid power plants for third-party clients including governments, utilities, and industrial operators. Revenue recognized from project design, equipment supply, installation, and commissioning.
- Independent Power Production (IPP): As an IPP, Vergnet develops, finances, builds and operates its own solar and wind power plants. Energy is sold under 20-year Power Purchase Agreements (PPAs) with local utilities, providing recurring revenue streams. Example: SEMA PV project in New Caledonia with ENERCAL.
- Maintenance and Operations Services: Ongoing operation and maintenance services for wind farms and solar plants, including warranty services, spare parts sales, performance monitoring, and technical training for customer equipment.
- Equipment Manufacturing and Sales: Manufacturing and sale of wind turbine components (nacelles, blades) and related equipment. Nacelle assembly takes 165 hours with nearly 1000 units produced to date. Annual production of approximately 30 nacelles.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
VERGNET product offering
Product offeringCore offering
VERGNET designs, manufactures, and installs medium-scale tilting wind turbines (GEV MP series, 200-275 kW), turnkey photovoltaic power plants, and hybrid energy systems integrating wind, solar, battery, and diesel through its patented Hybrid Wizard control platform. The company also offers solar-powered water desalination kits and acts as an Independent Power Producer operating its own renewable energy plants under long-term Power Purchase Agreements. Its offering is targeted at cyclone-prone, remote, and isolated areas with weak or off-grid electricity networks, delivered through a vertically integrated model spanning feasibility studies, manufacturing, installation, financing, and maintenance.
Product overview
VERGNET is a French renewable energy company operating since 1989, specializing in solutions for cyclonic and isolated zones. The company offers a portfolio of four core product lines: GEV MP Wind Turbines (200-275 kW medium-scale tilting turbines designed for hurricane resistance), Photovoltaic Solutions (ground, rooftop, and canopy installations), Hybrid Wizard (patented intelligent energy management system integrating wind, solar, battery and diesel), and Water Desalination (solar-powered solutions). Supporting operations through Vergnet Composite (blade manufacturing) and Vergnet Académie (training). Turnkey solutions include design, manufacturing, installation, maintenance, and financing across 60 countries.
Differentiator
Problem solved
Functional benefit
Brands
- Hybrid Wizard: Patented intelligent hybrid control system developed by Vergnet that pilots in real time all electricity producers (wind, solar, battery, diesel) maximizing the share of renewable energy injected into the grid.
Products and services
- GEV MP Wind Turbine Medium-scale tilting wind turbine (200-275 kW) designed and manufactured in France with a guyed tower that can be lowered before cyclones. Fully containerized for easy logistics in remote locations, with ground-level maintenance capability and resistance to extreme climates. Over 500 units installed on all five continents, used by governments, utilities, and IPPs in cyclone-prone and isolated areas.
- Photovoltaic Solutions Turnkey photovoltaic power plants for off-grid or grid-connected sites including ground-mounted, rooftop, sun shade canopy, and hybrid installations. Designed for extreme climatic conditions including salty, dusty, hurricane-prone, hot and cold environments. Targeted at governments, utilities, IPPs, and industrial/commercial operators.
- Hybrid Wizard Patented intelligent hybrid control system that manages all electricity producers (wind, solar, battery, diesel) in real time, maximizing the share of renewable energy injected into weak or non-interconnected electricity grids while ensuring network stability and reducing diesel fuel consumption. Sold as a core technology to governments, utilities, and IPPs operating in grid-challenged environments.
- Water Desalination Solutions Solar-powered water desalination solutions providing access to clean drinking water in rural and hard-to-reach areas through brackish water and seawater desalination using reverse osmosis technology. Targeted at remote communities and island territories facing water scarcity.
- Vergnet Composite Wind Turbine Blades Wind turbine blade manufacturing using vacuum infusion technique producing blades from 6 to 30 meters in length. The site has produced over 2,000 blades since 1998 with recognized expertise in blade inspection and repair worldwide. ISO 9001 (since 2002) and ISO 14001 (since 2021) certified. Supplies blades for Vergnet's own turbines and offers inspection/repair services to wind farm operators globally. Also produces nautical structural parts following 2016 diversification.
Quantifiable outcome
- 958 wind turbines installed across 60+ countries since 1989
- +5 more outcomes
Companies that use VERGNET
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
VERGNET technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
VERGNET partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered strategic, core and minor.
- MASCARAstrategicPartnership for solar-powered water desalination solutions. This agreement enables Vergnet to offer integrated water and energy solutions in remote areas where clean water access is critical.
- ENERCAL (New Caledonia)core20-year Power Purchase Agreement (PPA) for the SEMA PV rooftop photovoltaic project. ENERCAL is the local electricity distributor in New Caledonia, purchasing power from Vergnet Pacific's first IPP project.
- NIGELEC (Société Nigérienne d'Electricité)coreClient for the construction of the Agadez hybrid solar power plant (18.9 MW solar, 7.96 MW diesel, 11.56 MWh storage). NIGELEC is the state electricity company of Niger.
- ADERM (Chad)coreMaintenance contract for Amdjarass wind power plant and extension project (phase 2) with installation of 4 new wind turbines, 2.5 MW solar panels, and 2.5 MW generators.
- WESTPOINT and MITSUBISHI (air conditioning brands)minorSotafric is an approved dealer in Chad for WESTPOINT and MITSUBISHI air conditioning brands, providing additional revenue streams through after-sales service and installation.
- PRAMAC (generator brands)minorSotafric is an approved dealer in Chad for PRAMAC generators, complementing its energy solutions portfolio with reliable backup power equipment.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
VERGNET competitors and assessment
Company assessmentDirect peers
- Akuo Energy: Independent French renewable energy developer and IPP with projects across France, the Caribbean, Africa, and the Indian Ocean. Comparable to Vergnet in business model (wind + solar + storage IPP), turnkey project delivery, and emerging-market focus.
- Voltalia: French renewable energy operator active across wind, solar, hydro, and storage in Europe, Africa, Latin America, and Asia. Comparable to Vergnet as a vertically integrated IPP + EPC player serving off-grid and weak-grid markets in emerging economies.
- Albioma: French-listed renewable and thermal IPP operating primarily in French Overseas Territories (Caribbean, Indian Ocean, Reunion, Mayotte). Directly comparable to Vergnet in geographic focus, customer base (island/state utilities), and IPP model with long-term PPAs.
- Quadran (IELO Group): French renewable energy developer and IPP with projects in wind, solar, biomass, and hydro, historically focused on French overseas and African markets. Comparable to Vergnet in scale, French-IPP identity, and tropical/island project portfolio.
Emerging players
- Northern Power Systems: North American manufacturer of medium-scale wind turbines (100 kW class) targeting distributed generation, microgrids, and remote/off-grid applications. Closest Western peer to Vergnet's GEV MP medium-scale wind turbine positioning.
- Bergey Windpower: US-based manufacturer of small and medium-scale wind turbines (1–10 kW class) for distributed and off-grid applications. Comparable to Vergnet's distributed-wind focus for remote/island customers, though operating at the smaller end of the wind size spectrum.
Broad incumbents
- EDF Renewables: Global renewable developer and IPP operating utility-scale wind, solar, and storage worldwide as the renewables arm of EDF. Comparable to Vergnet in product category (wind, solar, hybrid) and customer base (utilities, governments) but at vastly larger scale.
- ENERCON: One of the world's largest wind turbine OEMs, headquartered in Germany, with a broad product portfolio across onshore wind. Comparable to Vergnet's GEV MP turbine business as a wind OEM, but at much larger scale and serving utility-scale markets.
- Vestas: Global leader in wind turbine manufacturing and wind plant services. Comparable to Vergnet as a wind OEM, but competing at utility scale (multi-MW turbines) rather than Vergnet's medium-scale, hurricane-rated niche.
- SMA Solar Technology: Global leader in solar inverters and energy management systems for grid-tied and off-grid/hybrid applications. Comparable to Vergnet's Hybrid Wizard control system as the integration layer in renewable-plus-storage-plus-diesel hybrid plants.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights6 records
Customer concentration
VERGNET social profiles
Digital presenceVERGNET compliance and trust
Trust signalCompliance2 records
VERGNET financial estimates
Financial estimateRevenue estimate
Valuation estimate
VERGNET leadership team
Management profileNumber of profiles
Profiles7 records
VERGNET subsidiaries and ownership
Company hierarchySubsidiaries11 records
VERGNET funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VERGNET M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VERGNET
What does VERGNET do?
VERGNET designs, manufactures, and installs medium-scale tilting wind turbines (GEV MP series, 200-275 kW), turnkey photovoltaic power plants, and hybrid energy systems integrating wind, solar, battery, and diesel through its patented Hybrid Wizard control platform. The company also offers solar-powered water desalination kits and acts as an Independent Power Producer operating its own renewable energy plants under long-term Power Purchase Agreements. Its offering is targeted at cyclone-prone, remote, and isolated areas with weak or off-grid electricity networks, delivered through a vertically integrated model spanning feasibility studies, manufacturing, installation, financing, and maintenance.
Is VERGNET a public or private company?
VERGNET is a public company. It is classified as public and is currently closed.
When was VERGNET founded?
VERGNET was founded in 1989. It employs 51 to 100 people.
Where is VERGNET based?
VERGNET is headquartered in Ormes, France, in the Europe region.
How does VERGNET make money?
Four revenue lines are on record. Turnkey EPC Projects are the primary driver. The others are independent Power Production (IPP), maintenance and Operations Services and equipment Manufacturing and Sales.
Who are VERGNET's main competitors?
Direct peers on record are Akuo Energy, Voltalia, Albioma and Quadran (IELO Group). Emerging players are Northern Power Systems and Bergey Windpower. Broad incumbents are EDF Renewables, ENERCON, Vestas and SMA Solar Technology.
Does VERGNET have an API?
No public API is recorded for VERGNET.
What industry is VERGNET in?
VERGNET's product category is Renewable Energy Equipment. Its primary akta.pro industry code is EUAMACAC, Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls), with a secondary code of EUACAFAF, Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations). Its NAICS code is 333611 and its SIC code is 3510.