Renewable Energy

What Renewable Energy does

Renewable Energy Limited is a privately held New Zealand installer and distributor of renewable thermal energy systems, headquartered in Rotorua with satellite team presence in Whakatane and Tauranga. Founded in 2004, the company supplies and installs four core product lines: Apricus evacuated tube solar hot water systems, Reclaim CO2 hot water heat pumps (COP 4.7), OkoFEN Easypell domestic and Pellematic commercial wood pellet boilers, and hydronic central heating systems covering in-slab and overlay underfloor heating, radiators, and heated towel rails using Variotherm panel technology. The primary customer base is residential homeowners seeking to reduce water heating bills (claimed up to 75%) and replace gas/LPG/diesel heating, with a secondary commercial segment focused on schools and accommodation facilities, particularly for containerized Pellematic boiler room installations.

The business operates a dual-channel model: direct installation services delivered across the Bay of Plenty, Waikato, and parts of the Coromandel and Taupo regions, plus third-party retail distribution of NZ-manufactured wood pellets through Bunnings and Mitre 10 hardware stores. Revenue is generated through system sales and installation (dominant), ongoing service and repair contracts on installed equipment, and consumable pellet fuel sales both in bulk (8-10c/kWh) and bagged (12-13c/kWh) formats. The company relies entirely on established European and Japanese technology partners (Apricus, OkoFEN, Reclaim, Variotherm) for its product portfolio rather than proprietary hardware, and uses the certifications carried by those partners (WaterMark, ISO 9001, TUV, ECAN Ultra Low Pellet Boiler approval) as its compliance footprint. No public funding, no parent company, and no peer-reviewed AI or digital technology investments are evident in the input data.

Name

Renewable Energy

Legal name

Renewable Energy Limited

Website

https://renewableenergy.org.nz

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Renewable Energy Limited is a New Zealand installer and distributor of renewable heating systems, supplying and fitting solar hot water, CO2 heat pumps, wood pellet boilers, and hydronic central heating for residential and commercial customers across the Bay of Plenty and Waikato regions.

Ownership category

akta.pro rank

Product category

Renewable Heating and Hot Water Systems

NAICS

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (42372), Steam and Air-Conditioning Supply (221330)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Biomass Heating Systems (Commercial/Institutional Boilers) (EUAAAGAE)

akta.pro secondary industries

Biomass Plant EPC & Integration (Design/Build, Balance of Plant) (EUAAAGAH), Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers) (EUAAAGAL), Biomass Pellets, Briquettes & Solid Bioenergy Products (industrial/residential) (IMAMALAJ)

Keywords

• Solar hot water systems
• Heat pump installation
• Pellet boiler supply
• Hydronic central heating
• Renewable energy installation

Headquarters

HQ city

Rotorua

HQ country

New Zealand

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Pricing tiers

Distribution channels2 records

Marketing channels4 records

Core offering

Renewable Energy Limited supplies and installs renewable energy heating and hot water systems — Apricus solar hot water, Reclaim CO2 heat pumps, Easypell domestic and Pellematic commercial pellet boilers, and hydronic central heating systems (radiators, underfloor and towel rails) — for residential and commercial customers across New Zealand's Bay of Plenty and Waikato regions. The company also distributes wood pellet fuel through Bunnings and Mitre 10 retail chains and provides free on-site energy assessments plus long-term post-installation service and repair support.

Product overview

Renewable Energy Limited is a New Zealand-based installer of residential and commercial renewable energy solutions. Their product portfolio includes four main categories: solar hot water systems using Apricus evacuated tube collectors, CO2 hot water heat pumps from Reclaim Energy NZ, pellet boilers in both Easypell domestic (16-32kW) and Pellematic commercial variants from OkoFEN, and hydronic central heating systems encompassing in-slab and overlay underfloor heating, radiators, and towel rails. The company also offers Variotherm overlay systems as an add-on for retrofit installations. All products are supplied and installed across the Bay of Plenty and Waikato regions for residential and commercial applications including schools.

Differentiator

Problem solved

Functional benefit

Products and services

• Apricus Solar Hot Water Systems Evacuated tube collector solar hot water systems for domestic and commercial hot water requirements, designed to capture and store solar energy and cut water heating bills by up to 75%. Sold and installed by Renewable Energy Limited across the Bay of Plenty and Waikato regions.
• Reclaim CO2 Heat Pumps

Quantifiable outcome

• Reduce water heating bills up to 75% compared to LPG gas or standard electric hot water cylinders
• +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

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• ApricuscoreTechnology or IntegrationApricus provides evacuated tube solar collectors for solar hot water systems. They are one of the biggest solar hot water system providers in Australia with systems installed in NZ since 2004. All systems hold NZ, Australia, European and American certifications including WaterMark, ISO90001 and TUV. Ten year warranty on all Apricus systems.
• Reclaim Energy NZcoreTechnology or IntegrationReclaim provides CO2 hot water heat pumps using Japanese technology with natural CO2 as refrigerant. Available in Japan since 2003, these systems feature COP of 4.7 and Global Warming Potential of only 1. Reclaim offers products for the New Zealand market through this partnership.
• OkoFEN (Easypell)coreTechnology or IntegrationAustrian manufacturer established in 1990 providing Easypell domestic pellet boilers with advanced combustion control technology. OkoFEN developed the combustion control system enabling direct connection to heating systems without buffer tanks. All Easypell boilers are approved by Environment Canterbury as Ultra Low Pellet Boilers.
• PellematiccoreTechnology or IntegrationPellematic commercial pellet boilers installed in containers as standalone combination pellet storage and boiler rooms. Used for commercial heating applications in accommodation facilities and schools. Part of the OkoFEN product family.

Recent moves6 records

Expansion highlights4 records

Direct peers

• Rinnai New Zealand: Rinnai NZ manufactures and distributes continuous-flow hot water and gas heating products, serving overlapping residential and commercial customers seeking efficient water and space heating.
• Wood Energy Limited: Wood Energy is a NZ-based supplier of wood pellets, biomass boilers and biofuel solutions, competing directly with Renewable Energy Limited's Easypell and pellet distribution business.
• Fujitsu General New Zealand: Fujitsu General NZ supplies air conditioning and heat pump hot water systems through a national installer network, overlapping with the company's heat pump and HVAC installer model.
• Bosch Home Comfort New Zealand: Bosch distributes gas, electric, and heat pump hot water systems plus hydronic heating products in NZ, competing with Renewable Energy Limited across multiple product categories.
• Panasonic New Zealand Heat & Cool: Panasonic NZ distributes Aquarea heat pumps and air conditioning, going to market through accredited installers similar to Renewable Energy Limited.
• Warmup New Zealand: Warmup NZ specialises in electric underfloor heating supply and installation for residential and light commercial projects, directly competing with the Variotherm overlay underfloor offering.
• Daikin New Zealand: Daikin NZ distributes air-source and hot water heat pumps nationally to residential and light commercial customers, directly overlapping with Renewable Energy Limited's Reclaim CO2 heat pump and central heating business in the same geography.
• Dimplex New Zealand: Dimplex NZ distributes heat pumps, hot water cylinders and hydronic heating products via installer channels, overlapping with Renewable Energy Limited across residential heating solutions.
• Stiebel Eltron New Zealand: Stiebel Eltron NZ sells hot water heat pumps and hydronic heating systems, directly competing with Renewable Energy Limited's Reclaim CO2 heat pumps and central heating product lines.
• Mitsubishi Electric New Zealand: Mitsubishi Electric NZ supplies hot water heat pumps and hydronic/HVAC solutions through national dealer networks, competing head-on with Renewable Energy Limited on residential heat pump and whole-home heating installations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Renewable-Energy-Limited-100068628481159
• LinkedInlinkedin.com/company/renewable-energy-limited

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 Renewable Energy