Enny

What Enny does

Enny AS is a Norwegian solar energy company founded in 2022 as a joint venture between housing cooperative OBOS and Nordic energy company Hafslund, headquartered in Lysaker, Norway. The company installs, finances, owns, and operates rooftop photovoltaic systems for housing cooperatives (borettslag), commercial and industrial buildings, and new-build developments, selling the generated electricity to property owners under long-term Solstrømavtale (Solar-as-a-Service) agreements at rates below market grid prices. Customers face no upfront capital outlay; Enny assumes installation, ownership, and 30-40 year operational responsibility and recovers its investment through recurring per-kWh payments. The offering is complemented by battery storage (Solstrømavtale med batteri and standalone Batteriavtale), energy-sharing solutions that allow solar output to be distributed between units or neighboring properties, maintenance services, feasibility studies, and a secondary program to acquire existing third-party solar installations.

Enny's go-to-market is sales-led enterprise field sales targeting three primary verticals: new-build developers (notably OBOS-led projects such as the Oen round building), housing cooperatives, and commercial/industrial property owners. The company monitors all deployed systems through the Min Energi dashboard, developed in partnership with Guard Automation on the Guard Cloud platform, providing unified real-time visibility and predictive analytics across its fleet regardless of panel manufacturer. With approximately eight dedicated installation and operations staff, Enny is an early-stage operator that secured 70M NOK of contracted installations during 2023, is expanding into battery and energy-sharing offerings enabled by July 2025 regulatory changes, and operates exclusively in the Norwegian market with concentration in the Oslo and Akershus region. The company previously operated under the name Solway before rebranding to Enny in September 2023.

Name

Enny

Legal name

Enny AS

Website

https://enny.no

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Enny is a Norwegian solar-as-a-service company that finances, installs, owns, and operates rooftop PV systems for housing cooperatives, commercial buildings, and new-build developers, selling the generated electricity at below-market rates with no upfront cost to customers. Founded in 2022 by OBOS and Hafslund, the company is headquartered in Lysaker and operates exclusively in the Norwegian market.

Ownership category

akta.pro rank

Product category

Solar Energy Services

NAICS

Solar Electric Power Generation (221114), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911)

akta.pro primary industry

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)

akta.pro secondary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

Keywords

• Solar as a service
• Battery energy storage
• Commercial solar installations
• Housing cooperative solar
• Renewable energy solutions

Headquarters

HQ city

Lysaker, Bærum

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Solar as a Service (Solstrømavtale): Enny installs, finances, and operates solar panel systems at no cost to customers. Revenue is generated by selling the electricity produced to customers at rates below market prices. Customers pay for the kWh consumed from their own solar production, avoiding grid electricity costs including network fees and electricity taxes.
2. Battery as a Service (Batteriavtale): Revenue from battery storage systems that complement solar installations, providing additional value through peak shaving, energy arbitrage, and flexibility market participation.
3. Service and Maintenance: Ongoing service, monitoring, and maintenance of solar panel systems to ensure optimal performance throughout system lifetime (30-40 years).
4. Acquisition of Existing Solar Systems: Enny purchases existing solar panel systems from customers and takes over optimal operation, selling the produced energy back to the original owners at below-market rates.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Enny installs, finances, owns, operates, and maintains rooftop solar panel systems and battery storage for property owners at no upfront cost under its Solstrømavtale (Solar as a Service) model. Customers purchase the electricity generated by the system at rates below market grid prices, including savings on network fees and electricity taxes. The offering extends to housing cooperatives, commercial and industrial buildings, and new-build developments, complemented by battery-as-a-service, ongoing maintenance, feasibility studies, and the acquisition of existing solar installations.

Product overview

Enny offers a portfolio of solar energy solutions primarily structured around its Solar-as-a-Service (Solstrømavtale) model. The core offering is the Solstrømavtale, a cost-free solar panel installation and ownership model where Enny finances, installs, operates and maintains solar systems for property owners (residential housing cooperatives, commercial and industrial buildings) while customers purchase the generated electricity. This is complemented by battery storage options through Solstrømavtale med batteri and standalone Batteriavtale (BaaS), maintenance services, feasibility studies (Mulighetsstudie), and a program to purchase existing solar installations. All offerings are delivered without upfront investment costs to customers, with Enny assuming ownership and operational responsibility.

Differentiator

Problem solved

Functional benefit

Brands

• Solstrømavtale: Solar as a Service (SaaS) product where Enny installs and maintains solar cell systems at no cost to property owners, who purchase the generated electricity at rates below market level.
• Min Energi

Products and services

• Solstrømavtale (Solar as a Service) A solar power agreement in which Enny installs and owns a rooftop solar panel system at no cost to the property owner; the owner purchases the electricity generated at a price below market grid rates, including savings on network fees and electricity taxes. For housing cooperatives, commercial buildings, industrial facilities, and new-build developments.
• Solstrømavtale med batteri (Solar as a Service with Battery) Solar-as-a-Service agreement bundled with on-site battery storage to maximize self-consumption of generated solar electricity and enable greater energy independence for the property. For housing cooperatives, commercial buildings, and industrial sites.
• Batteriavtale (Battery as a Service, BaaS) A cost-free battery storage agreement in which Enny finances, installs, owns, and operates a battery system that stores excess solar energy for later use, supporting peak shaving, energy arbitrage, and backup power while increasing on-site energy self-sufficiency. For commercial, industrial, and housing cooperative properties.
• Service og vedlikehold av solcelleanlegg (Solar PV Service and Maintenance) Ongoing service and maintenance for solar panel installations to ensure optimal performance, maximum energy production, and extended lifespan. Provided as part of the Solstrømavtale and available to owners of solar systems across their operational lifetime.
• Mulighetsstudie solcelleanlegg (Solar PV Feasibility Study) A feasibility study service that assesses a building's solar potential, including energy production calculations, shading analysis, profitability estimates, and recommendations for solar PV deployment. For property owners and developers evaluating solar investments.
• Vi kjøper ditt solcelleanlegg (We Buy Your Solar Installation) A program in which Enny purchases existing solar panel installations from commercial and industrial property owners, takes over their optimal operation, and sells the produced energy back to the original owners at below-market rates, providing predictable costs and renewable energy without further owner involvement.

Quantifiable outcome

• Up to 700,000 NOK annual savings in energy costs for commercial properties (Pay Eiendom example)
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Guard AutomationcoreTechnology or Integration · 11 April 2024Norwegian technology company providing the Guard Cloud platform for monitoring and controlling solar installations. The partnership provides continuous real-time data collection from all Enny solar systems regardless of panel manufacturer, creating a unified monitoring dashboard called Min Energi. Guard Automation serves nearly 40% of Norwegian municipalities with critical infrastructure systems.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Lightsource bp: Global utility-scale solar developer and long-term owner/operator with European presence. Comparable in owning and operating solar assets that sell power to off-takers, though at much larger scale and predominantly ground-mount rather than rooftop commercial/residential like Enny.
• Å Energi: Major Norwegian energy group combining grid, hydropower and emerging solar/distributed generation activities. Comparable as a Norwegian electricity supplier investing in distributed solar and storage; potential competitor or partner to Enny in the Norwegian commercial/industrial segment.
• Statkraft: Norwegian state-owned renewable energy generator and one of Europe's largest generators of renewable energy. Increasingly active in distributed solar and PPA structures; comparable as a potential owner-operator of Norwegian solar assets and a benchmark for long-dated renewable energy revenue contracts.
• Sunrun: US-listed leader in residential solar-as-a-service (solar lease / PPA) with an installed base of hundreds of thousands of systems. The most scaled analogue to Enny's Solstrømavtale model; useful benchmark for unit economics, asset-backed financing and customer acquisition playbook, though operating in a more mature US market.
• GreenYellow: International energy services provider (backed by Casino Group historically) delivering rooftop solar, battery storage and energy efficiency to commercial/industrial customers under PPA-like contracts. Closely comparable B2B energy-as-a-service model to Enny's commercial building offering.

Direct peers

• Otovo: Norwegian-headquartered residential solar subscription company listed on Oslo Børs. Operates an almost identical solar-as-a-service / lease model in the Nordics and selected European markets, targeting homeowners with zero upfront cost. The closest direct competitor to Enny's Solstrømavtale.
• Norsk Solkraft: Norwegian solar power company developing, owning and operating utility- and commercial-scale solar plants in Norway. Comparable in that it sells solar electricity to end users under long-term contracts and is active in the same Norwegian policy and subsidy landscape as Enny.

Emerging players

• Solgrid: Nordic solar developer and operator focused on commercial and industrial rooftop and ground-mount projects. Comparable technology stack and customer segments (commercial real estate, industrial buildings) though with a more project-development orientation than Enny's subscription model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/createonenny

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Enny