Adyasolar

What Adyasolar does

Adyasolar is the solar energy brand of PT. Adyawinsa Electrical And Power, an Indonesian private corporation headquartered in Cikarang, West Java. Founded in 2003, the company delivers end-to-end photovoltaic (PV) solutions to commercial, industrial, government, agricultural, and residential customers across Indonesia, with disclosed presence in all 30 provinces and 250+ cities and cumulative installed capacity of 14.39 MWp. Its technology stack centers on solar PV panels (22–23% cell efficiency), batteries, inverters, solar pump inverters, and locally manufactured solar charge controllers certified under Indonesia's TKDN domestic-content regime, configurable as on-grid, off-grid, or hybrid systems.

The business operates on three commercial rails: EPC (Engineering, Procurement, and Construction) for outright ownership with no-interest financing; Equipment Leasing for customers who want solar without upfront capital; and Utility Rental, a pay-for-energy model billed at a discount to existing utility rates with optional transfer of ownership at term end. Distribution is direct and field-based — certified installers conduct on-site electrical panel analysis and deployment — supplemented by partnerships and EPC channel relationships. Select customers include PT Chevron Pacific Indonesia (29 MW AC Lost Hills, California, 2020), PT NT Corp (300 KWp Nusantara TV Tower, 2023), and multiple government puskesmas in rural Indonesia (2025). The company holds TKDN certification on locally manufactured components and offers a 25-year warranty on installations, positioning itself as a full-lifecycle Indonesian solar EPC rather than a component reseller.

Name

Adyasolar

Legal name

PT. Adyawinsa Electrical And Power

Website

https://adyasolar.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Adyasolar (PT. Adyawinsa Electrical And Power) is an Indonesian solar EPC and energy solutions provider delivering rooftop, off-grid, hybrid, and smart-city PV systems via EPC, leasing, and utility-rental models to commercial, industrial, government, and rural customers across all 30 Indonesian provinces.

Ownership category

akta.pro rank

Product category

Solar Energy Systems and EPC Services

NAICS

Solar Electric Power Generation (221114)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

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

akta.pro secondary industries

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO), Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters) (EUAMABAE), PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC)

Keywords

• Solar PV panels
• Rooftop solar systems
• Off-grid solar
• Solar EPC services
• Solar equipment leasing

Headquarters

HQ city

Cikarang

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. EPC (Engineering, Procurement, and Construction): Full-service solar installation where the company manages engineering, procurement, and construction. Customers purchase panels for immediate ownership with no interest rate financing, upfront savings on utility bills, and immediate ownership.
2. Equipment Leasing: Harness solar energy savings without upfront costs by leasing equipment for an agreed period. Includes agreed downpayment, prepayment options, leasing with interest, and covered O&M during lease term.
3. Utility Rental: Pay for energy produced with an agreed discount from existing utility rate. Includes optional downpayment/prepayment, pay depending on energy consumption, discount from existing utility rate, inflation accounting, covered O&M during rental term, and ownership at end of term.
4. Solar Products Sales: Sale of solar PV panels, batteries, inverters, and solar pump inverters from various brand options including imported goods from China and locally manufactured products with TKDN certification.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Adyasolar designs, supplies, and installs solar photovoltaic (PV) energy systems for commercial, industrial, government, healthcare, agricultural, and residential customers across Indonesia. The company manufactures solar charge controllers and batteries locally, sources PV panels and inverters from international and domestic suppliers, and delivers turnkey solutions through EPC (full ownership), Equipment Leasing, and Utility Rental (pay-for-energy) models. Applications include rooftop solar, street lighting, ground-mounted arrays, solar water pumps, and smart home integrations in on-grid, off-grid, and hybrid configurations.

Product overview

Adyasolar offers end-to-end solar energy solutions in Indonesia through three main product categories: Adyasolar Manufactured products (locally-made solar charge controllers and batteries with TKDN certification and warranty), Imported Goods (cost-effective solar PV panels, batteries, and inverters primarily from China), and Combined Systems (tailored solutions blending in-house and imported options). The company provides three core solar technology products: Solar PV Panels (22-23% efficiency), Batteries (energy storage), and Inverters (DC to AC conversion), plus Solar Pump Inverters for agricultural applications. Service delivery options include EPC (Engineering, Procurement, and Construction) for direct ownership, Equipment Leasing for flexible financing, Utility Rental for pay-as-you-go energy, and Integrator services. Solutions are applicable across On-Grid, Off-Grid, and Hybrid configurations for diverse use cases including rooftops, street lighting, water pumps, ground-mounted installations, and smart home integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar PV Panels Solar photovoltaic panels that capture sunlight and convert it into electricity, with solar cell efficiency of 22-23%. Offered as both Adyasolar manufactured and imported options sourced from curated international brands.
• Batteries High-performance energy storage batteries for solar panel systems, available as both locally manufactured products (with TKDN certification and full warranty) and imported options from curated international brands.
• Solar Charge Controllers Adyasolar-manufactured solar charge controllers for regulating battery charging in off-grid and hybrid solar systems, with full warranty coverage and TKDN domestic content certification.
• Inverters Inverters that convert direct current (DC) electricity from solar panels into alternating current (AC) electricity suitable for homes, businesses, and industrial facilities. Sourced from curated international brands.
• Solar Pump Inverters Specialized inverters for solar-powered water pumps supporting clean, reliable water supply for villages, agricultural operations, and rural communities.
• On-Grid Solar System Solar panel system connected to the national power grid (PLN) without batteries for energy backup, suitable for locations with reliable grid access seeking to reduce electricity bills.
• Off-Grid Solar System Solar panel system relying on sunlight and batteries for power, designed for areas without access to the national power grid (PLN), including rural and remote locations.
• Hybrid Solar System Solar panel system connected to the grid with batteries for energy storage, providing backup power during grid outages.
• Rooftop Solar Solutions Solar PV panels installed on rooftops of factories, malls, offices, hotels, hospitals, and airports to efficiently generate solar energy and reduce facility operating costs.
• Solar Street Lighting Systems Solar-powered street lighting with smart systems and IoT control for smart city development and municipal infrastructure deployment.
• Solar Water Pump Systems Solar-powered water pumps supporting smart irrigation, agriculture, well pumps, and water purification for rural areas.
• Ground-mounted Solar Panels Solar PV panels deployed on unproductive land such as fields, mining sites, and plantations, enabling landowners to monetize idle assets while providing energy for agricultural operations.
• Smart Home Solar Integration Solar PV panels integrated with smart home systems for residential energy consumption monitoring and optimization.
• EPC (Engineering, Procurement, and Construction) End-to-end solar installation service where Adyasolar manages engineering, procurement, and construction; the customer purchases panels for immediate ownership with no interest rate financing, upfront utility savings, and immediate ownership transfer.
• Equipment Leasing Solar equipment leasing program that allows customers to harness solar savings without upfront costs; includes agreed downpayment, prepayment options, leasing with interest, and covered O&M during the lease term.
• Utility Rental Pay-for-energy rental program where customers pay for energy produced at an agreed discount from the existing utility rate; includes optional downpayment/prepayment, consumption-based payments, inflation accounting, covered O&M during the rental term, and ownership transfer at end of term.

Quantifiable outcome

• 14.39 MWp total capacity installed nationwide
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• Chevron (via CPP - Chevron Pipeline & Power)flagshipStrategic or Co-development Partner · 1 January 2020Adyasolar partnered with Chevron's Pipeline & Power (CPP) division to deliver a 29-megawatt AC solar system for Chevron's Lost Hills oil field in California. The project represents a flagship implementation demonstrating Adyasolar's capability to execute large-scale international solar projects, helping Chevron reduce CO2 emissions at its oil production facilities. The project delivered low-carbon electricity in April 2020.
• Solar Panel Brand Suppliers (Imported)coreTechnology or IntegrationAdyasolar offers imported solar PV panels, batteries, inverters, and solar pump inverters from curated international brands, primarily from China, with a focus on quantity and quality assurance. These partnerships enable the company to provide cost-effective, high-quality solar components.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Cleantech Solar: Singapore-headquartered solar EPC and energy-as-a-service provider across Southeast Asia, offering similar on/off-grid solar and PPAs to commercial and industrial customers — directly comparable GTM and customer base to Adyasolar.
• Sunseap (ENGIE Solar): One of Southeast Asia's largest solar EPC and rooftop operators, now under ENGIE; competes with Adyasolar on regional C&I rooftop and utility-scale tenders with comparable financing/leasing structures.
• PT Surya Energi Indotama: Indonesian solar EPC and panel distributor serving C&I and government customers with similar turnkey offerings; direct in-country competitor to Adyasolar for rooftop and utility-scale tenders.

Emerging players

• Enphase Energy: Microinverter and MLPE-focused solar electronics company with growing Asia distribution; adjacent to Adyasolar through inverter/MLPE offerings for residential and small commercial solar installations.

Regional players

• Solar Philippines: Leading Philippine rooftop and utility-scale solar developer with EPC and lease offerings; comparable end-to-end solar solutions model targeting commercial, industrial, and residential customers in a Southeast Asian emerging market.
• Tata Power Solar: Indian EPC and rooftop solar subsidiary of Tata Power serving C&I and government customers; similar turnkey solar delivery, multi-model financing, and large utility-scale project execution capability.

Broad incumbents

• Schneider Electric: Global energy management and solar inverter/storage provider; overlaps with Adyasolar in inverters, monitoring, and C&I solar electrical infrastructure, especially for hybrid and smart-grid applications.
• SunPower (Maxeon Solar Technologies): Global residential and commercial solar module and solutions provider; broader portfolio but overlapping EPC/installer relationships and high-efficiency panel positioning analogous to Adyasolar's premium offerings.
• Sungrow: World's largest solar inverter manufacturer with strong Southeast Asia presence; supplies the inverter and storage technology that Adyasolar integrates and resells in its on-grid, off-grid, and hybrid systems.
• Trina Solar: Global Tier-1 module manufacturer with downstream project and EPC businesses across Asia; competes on the same Indonesian and regional tenders and supplies comparable solar panel technology Adyasolar resells.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/45VGmNR
• LinkedInlinkedin.com/company/adyasolar

Compliance1 record

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 Adyasolar