Verde Energy Group

Name

Verde Energy Group

Legal name

Verde Energy Group Ltd.

Website

https://verdeenergygroup.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Energy Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Power and Communication Line and Related Structures Construction (237130)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991), Electric Lighting & Wiring Equipment (3640)

akta.pro primary industry

DER Financing, Leasing & Billing Platforms (TPO, PPA, On-Bill) (EUAMAJAJ)

akta.pro secondary industry

Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI)

Keywords

• Commercial solar PV
• LED lighting retrofit
• Power purchase agreements
• EV charging infrastructure
• Energy services

Headquarters

HQ city

Cork

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Power Purchase Agreement (PPA): Verde funds, installs, and maintains solar PV systems on client sites. Clients pay for clean electricity generated at rates typically lower than grid prices, typically 30% below market rates. Verde recovers investment through electricity sales over the contract term.
2. Asset Finance / Deferred Payment Scheme (DPS): Verde finances the system on behalf of the client while the client gains ownership from start. Repayments spread over 5 years, structured so annual savings exceed monthly repayments. Client owns the asset and benefits from all savings.
3. CAPEX (Capital Expenditure): Client funds the solar installation directly, owning the system from day one with full access to grant support. Verde provides turnkey design, installation, and commissioning services for an upfront fee.
4. Grid Services Revenue: Verde recovers investment through participation in grid services markets. When EirGrid signals supply issues, Verde activates gensets on client sites (typically 20-30 times per year), earning revenue from grid services while providing backup power.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Verde Energy Group designs, funds, installs, and maintains commercial-scale Solar PV systems, LED Lighting retrofits, HVO Gensets for backup power, EV Charging infrastructure, and Heat Pumps for Irish commercial and industrial businesses. Solutions are delivered through Power Purchase Agreements (PPAs), Deferred Payment Schemes, or CAPEX models backed by Octopus Energy Generation, enabling zero-upfront-cost decarbonisation with ongoing operations and maintenance included.

Product overview

Verde Energy Group is an Irish energy services company offering a portfolio of funded and financed renewable energy and energy efficiency solutions for commercial and industrial businesses. The core offering spans Solar PV installations, LED Lighting upgrades, HVO Gensets for backup generation, EV Charging infrastructure, and Heat Pumps. These products are delivered through flexible financing models including Power Purchase Agreements (PPAs), Asset Finance, and Deferred Payment Schemes, all backed by Octopus Energy Generation. Verde operates as a one-stop partner for business decarbonisation, handling everything from consultation and design through installation, maintenance, and asset management. The company also provides grant assistance for SEAI-eligible projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar PV

Quantifiable outcome

• LED lighting upgrades can reduce lighting costs by 70%
• +5 more outcomes

Named customers21 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core, supporting and minor.

• VIOTAScoreStrategic or Co-development Partner · 25 February 2026Strategic partnership to deploy low-carbon back-up generation for large industrial and commercial energy users across Ireland. VIOTAS supports the initiative through nearly €80m in contracted revenues. Verde funds and develops the generation portfolio while VIOTAS handles site onboarding, capacity allocation, and ongoing optimisation. Programme designed to strengthen resilience for large energy users with no upfront capital required.
• OhmesupportingChannel Partner/ Reseller/ Distributor · 1 January 2022Distribution agreement for EV charging solutions. Verde distributes Ohme's smart EV chargers including residential and commercial units. Ohme's innovative chargers can charge at low cost times and feed back excess energy to the grid. Partnership includes access to Ohme Fleet Management Platform for commercial clients.
• Sustainable Energy Authority of Ireland (SEAI)supportingOthersSEAI is Ireland's national energy authority providing grant support for non-domestic solar PV installations. Verde helps clients navigate SEAI grant applications, with grants available up to €162,600 for systems up to 1000kWp.
• ISEAsupportingOthersIrish Sustainable Energy Association partnership for sustainable energy advocacy and initiatives in Ireland.
• WEEE IrelandminorOthersPartnership for waste electrical and electronic equipment recycling in Ireland, supporting circular economy initiatives.
• Lighting Association IrelandsupportingTechnology or IntegrationIndustry association partnership for lighting standards, best practices, and professional development in commercial lighting installations.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Statkraft: Europe's largest renewable energy generator, active in solar, wind, and grid services across multiple geographies. Comparable on the asset-backed PPA and grid services monetization dimensions, though at vastly larger scale.
• Lightsource bp: Global leader in utility-scale and commercial solar PPAs with a fully-funded developer model. Represents the scaled, international version of Verde's PPA-funded commercial solar thesis; a benchmark for what Verde could become if it expands beyond Ireland.
• Engie: Global utility with deep commercial energy services, on-site solar, and energy efficiency offerings across Europe. Comparable to Verde's C&I decarbonization services but at multinational scale and balance sheet.
• SSE Airtricity: One of Ireland's largest energy suppliers with commercial electricity, solar, and energy services offerings. Overlaps with Verde on the Irish C&I buyer but competes as a broader utility rather than a decarbonization specialist.

Emerging players

• Aggreko: Global provider of temporary and modular power solutions, increasingly active in lower-carbon backup generation including HVO fuels. Comparable to Verde's HVO genset offering and grid services participation model.

Others

• Ohme: Smart EV charging company partnering with Verde to deliver commercial and residential EV charging infrastructure. Partner rather than competitor, but represents the closest comparable in the EV charging product category Verde distributes.
• VIOTAS: Irish demand-side response and grid services specialist partnering with Verde on the HVO genset programme. Adjacent ecosystem participant rather than competitor, but the strategic partnership creates joint go-to-market activity on backup generation and grid services revenue.

Direct peers

• Watt Energy Solar: Irish commercial and residential solar installer offering PV, battery storage, and EV charging. Direct competitor for mid-market C&I solar projects across Ireland with comparable product breadth.
• Enerpower: Irish commercial solar PV and energy services company offering turnkey installations, PPAs, and funded solutions to C&I customers. Closest head-to-head competitor to Verde in the Irish C&I decarbonization market with overlapping product set.
• Activ8 Solar Energies: Irish solar PV installer serving commercial, agricultural, and residential customers. Comparable offering to Verde on the CAPEX leg of the commercial solar market, though narrower scope on funded solutions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/verde-energy-group
• Xx.com/verdeenergygrp
• Facebookfacebook.com/VerdeEnergyGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

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 Verde Energy Group