Setaş

What Setaş does

Setaş Bilişim (legal name: Setaş Sistem Bilişim Sanayi Ticaret Anonim Şirketi) is a privately held Turkish energy services company headquartered in Bayraklı, İzmir, founded in 2002. It operates as an integrated energy firm structured around three service pillars: Energy Efficiency (Enerji Verimliliği), Energy Contracting (Enerji Taahhüt), and Renewable Energy (Yenilenebilir Enerji). The company is authorized by Turkey's Ministry of Energy and Natural Resources as the first Energy Efficiency Consultancy (EVD) in the Aegean Region under Energy Efficiency Law No. 5627 and issues Energy Identity Certificates (EKB) for buildings. Its customer base spans industrial facilities (Tetra Pak, Philip Morris International/PHILSA, Anadolu Efes, HUGO BOSS, Vestel, Pınar, Çimentaş, Ege Çelik), electric utilities (GDZ Elektrik), municipalities (İzmir and İstanbul Büyükşehir Belediyeleri, Ziraat Bankası), universities (Boğaziçi, İstanbul Teknik, Ege, Dokuz Eylül), and hotels (Swissôtel, Renaissance, Crowne Plaza).

The company's service portfolio includes energy measurement and audit services, industry/building energy efficiency consulting, construction works for transmission lines and distribution networks, 24/7 maintenance and repair services for the İzmir electricity distribution grid under a solution-partner role with the regional distribution utility, turnkey solar power plant (GES) design and installation, owned solar generation from its first commissioned GES power plant (2018), and electric vehicle charging station installations launched in 2021. The underlying technology stack is services- and infrastructure-led rather than software-led: measurement instruments, energy monitoring, and electrical contracting execution supported by a field workforce of up to 500 employees.

Setaş monetizes through project-based professional services and managed services contracts (energy efficiency consulting, construction contracting, maintenance) plus hardware and installation revenue from solar and EV charging deployments; pricing is quote-based and tailored to project scope. Go-to-market is primarily direct enterprise field sales supplemented by government procurement and an online GES quote request funnel. The company is founder/owner-managed as a joint-stock company with no disclosed venture capital, private equity, or institutional investor backing, and operates primarily in the Aegean Region with select national accounts.

Name

Setaş

Legal name

Setaş Sistem Bilişim Sanayi Ticaret Anonim Şirketi

Website

https://setasbilisim.com.tr

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Setaş Bilişim is a privately held Turkish energy services firm headquartered in İzmir, founded in 2002, authorized as the first Energy Efficiency Consultancy (EVD) in the Aegean Region. It delivers energy efficiency consulting, contracting, and renewable energy services to industrial, utility, government, and hospitality clients across Turkey.

Ownership category

akta.pro rank

Product category

Energy Efficiency and Contracting Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro industry

PRIMARYEUAEAFAA

High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Mechanical, Electrical & Plumbing (MEP) for Energy Facilities

SECONDARYEUACALAJ

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro)

Energy, Utilities & Environment/Electric Power Generation/Distributed & Behind-the-Meter Power Generation (Microgrids, DG)

SECONDARYEUAMAJAH

Interconnection, Permitting & Grid Services for DERs

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Distributed Energy Resources & Community Renewables (Community Solar, Microgrids)

Keywords

• Energy efficiency consulting
• Energy contracting services
• Renewable energy solutions
• Solar power plant installation
• Electrical infrastructure maintenance

Headquarters

HQ city

Izmir

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Efficiency Consulting (EVD): Energy efficiency consultancy services authorized by Ministry of Energy as first EVD company in Aegean region since 2007. Services include energy audits, optimization recommendations, and compliance documentation.
2. Energy Contracting (Taahhüt): Construction works for energy transmission lines, distribution networks, urban networks, and transformer installations. Includes ongoing maintenance and repair services.
3. Solar Power Plant (GES) Solutions: Turnkey solar energy solutions including design, installation, and project development for residential, commercial, and industrial applications
4. Electric Power Generation: Electricity generation through company's own power plants
5. Electric Vehicle Charging Stations: Installation and solutions for electric vehicle charging infrastructure

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Setaş Bilişim is an integrated energy services company providing energy efficiency consulting (EVD), energy contracting for transmission/distribution infrastructure (construction, 24/7 maintenance and repair), and renewable energy solutions including turnkey solar power plant (GES) installations and electric vehicle charging stations. It operates its own electricity generation plants and is authorized as the first Energy Efficiency Consultancy firm in Turkey's Aegean Region under Energy Efficiency Law No. 5627.

Product overview

SETAŞ operates as an integrated energy company offering a comprehensive portfolio of energy solutions organized into three main service pillars: Energy Efficiency (Enerji Verimliliği), Energy Contracting (Enerji Taahhüt), and Renewable Energy (Yenilenebilir Enerji). The Energy Efficiency pillar includes measurement services, industry/building energy efficiency consulting, energy identity certificates, and advisory services. The Energy Contracting pillar covers construction works for energy transmission lines, distribution networks, transformer installations, and 24/7 maintenance/repair services. The Renewable Energy pillar encompasses solar power plants (GES), electric charging stations, and turnkey GES solutions. Founded in 2002 and headquartered in Izmir, the company employs approximately 500 staff and serves as the first Energy Efficiency Consultancy (EVD) company authorized by the Ministry of Energy in the Aegean Region.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Efficiency Services (Enerji Verimliliği) Comprehensive energy efficiency services for industrial and building facilities, including measurement, consulting, energy audits, optimization recommendations, and Energy Identity Certificate (EKB) issuance to help clients reduce energy consumption and meet Turkish regulatory requirements.
• Energy Contracting (Enerji Taahhüt) Construction works and ongoing maintenance/repair services for energy transmission lines, distribution networks, urban networks, and transformer installations; includes 24/7 fault response as a solution partner to electricity distribution companies.
• Renewable Energy Services (Yenilenebilir Enerji) Renewable energy solutions including turnkey solar power plants (GES), electric vehicle charging stations, and clean energy generation through the company's own power plants for residential, commercial, and industrial clients.
• Solar Power Plants - GES (Güneş Enerjisi Santralleri) Solar power plant solutions providing clean energy generation including design, installation, and turnkey project delivery for residential, commercial, land, and industrial applications.
• Electric Vehicle Charging Stations (Elektrikli Şarj İstasyonları) Electric vehicle charging station installation and solutions for both individual and commercial use, available 24/7.
• Sustainability Services (Sürdürülebilirlik) Sustainability-focused services including afforestation, energy efficiency optimization, and renewable energy use to support environmental, climate, and corporate sustainability goals.

Quantifiable outcome

• 24/7 energy quality assurance for uninterrupted operations
• +1 more outcomes

Named customers24 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Solar Power Plant OperatorscoreStrategic or Co-development Partner · 1 January 2018Partnership with solar power plants (GES) to increase clean energy usage as part of company's renewable energy strategy. The company acts as solution partner providing energy efficiency and integration services for solar installations.
• Gediz ElektrikcoreImplementation/ SI/ Consulting PartnerElectric distribution company partner for energy distribution solutions, infrastructure projects, and related consulting services. Listed as a transfer recipient in privacy policy documents.
• Qule Lounge & CafeminorStrategic or Co-development PartnerCompany's own food sector brand established in 2014. Originally represented various brands in Izmir, later created their own branded cafe concept.

Scale indicators5 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• Aksa Enerji: Turkey-based independent power producer with generation assets across multiple technologies. Comparable as a power-generation operator in Turkey but materially larger and not specialized in energy efficiency consulting or contracting.
• ABB Turkey: Global electrification, automation, and grid technology major with Turkish operations in switchgear, transformers, and grid automation. Comparable to Setaş's contracting/installation work on distribution networks and transformer infrastructure, but from a product-manufacturer perspective rather than services.
• Enerjisa Enerji: One of Turkey's largest integrated energy companies with electricity distribution, retail, and generation operations (a Sabancı/EEB JV). Comparable in that it operates in distribution and customer-facing energy services, but at much larger scale and broader portfolio than Setaş's regional Aegean focus.
• Schneider Electric Turkey: Global energy management and automation major operating in Turkey across industrial efficiency, building energy, and electrical distribution. Overlaps with Setaş's energy efficiency and electrical infrastructure services but at vastly larger scale with proprietary software/hardware.
• Çalık Enerji: Turkish integrated energy company with power generation, distribution, and EPC capabilities across multiple geographies. Comparable as a vertically integrated Turkish energy services player, but at much larger scale and international footprint.
• Zorlu Enerji: Major Turkish renewable energy and power generation company with solar, wind, and conventional generation assets. Overlaps with Setaş's GES turnkey and own-generation activities, but at substantially larger, multi-technology, multi-geography scale.
• Hitachi Energy Turkey: Global T&D technology and services provider with Turkish operations covering switchgear, transformers, and grid solutions. Comparable to Setaş's high-voltage contracting work and predictive maintenance on distribution networks, but as an equipment/services incumbent.

Direct peers

• CW Enerji: Turkish solar EPC and panel manufacturer with turnkey GES installation services. Directly comparable to Setaş's renewable energy / GES turnkey offerings, targeting similar commercial and industrial rooftop/land solar customers.
• Enprodes Enerji: Turkish energy efficiency consulting and engineering firm focused on industrial energy audits and optimization. Closely comparable to Setaş's EVD consulting practice under Energy Efficiency Law No. 5627.
• YEO Elektrik: Turkish electrical contracting and energy solutions firm offering industrial electrical contracting, automation, and energy efficiency services. Directly comparable to Setaş's energy contracting and EVD service lines, serving similar industrial and infrastructure customers across Turkey.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/100063542145139
• LinkedInlinkedin.com/company/seta%C5%9F?originalSubdomain=tr
• Instagraminstagram.com/setas_enerji

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 Setaş