Verdant Energy
Verdant Energy is a Singapore-based renewable energy developer that invests in, develops, finances, and operates solar, wind, and battery storage projects for C&I customers and utility-scale applications across Southeast Asia, backed by A.P. Moller Capital.
- Company typePrivate
- Founded2024
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Verdant Energy does
Verdant Energy is a Singapore-based renewable energy developer that invests in, develops, finances, constructs, and operates solar, wind, and battery energy storage projects across Southeast Asia. Founded in May 2024 as a wholly-owned platform of A.P. Moller Capital, the company targets Commercial & Industrial (C&I) rooftop solar installations and utility-scale renewable projects across Vietnam, the Philippines, Thailand, Indonesia, and Malaysia. Its operational portfolio currently comprises 98 MW of installed capacity, producing approximately 150 GWh of clean electricity annually and offsetting an estimated 71,000 tonnes of CO₂ equivalent per year.
The company operates a dual-platform model: a Distributed C&I Platform that delivers tailored rooftop solar systems and energy management services to enterprises, and a Utility-Scale Platform covering ground-mounted solar, floating solar, onshore and nearshore wind farms, and hybrid Battery Energy Storage Systems (BESS). Verdant Energy retains ownership and operates assets on customer sites, generating revenue through energy sales, asset management, and project development fees. Its enterprise customer base spans manufacturing (rubber, footwear, lighting equipment, leather processing), retail, and energy generation, with named clients including Cheng Shin Rubber (11.8 MWp), Central Retail (11 MWp across 10 malls), South Hodo Thailand (37 MWp across 10 sites), Kingdom Flow Control (2 MWp), and PHESI / RASLAG Corp (16 MW wind + 6 MWh BESS).
Verdant Energy pursues a capital-intensive growth strategy anchored by a $400 million investment plan targeting 1.5 GW of project capacity over five years, representing a roughly 15x scale-up from current operational capacity. The company expands via a mix of greenfield project development and brownfield asset acquisitions, leveraging strategic partnerships with development finance institutions (Norfund, Finnfund) and local operators (RASLAG Corp, Norsk Renewables). Headquartered in Singapore with operating subsidiaries in Vietnam and the Philippines, the company is led by CEO Alan Yau, CDO Diana Gao, and CIO Siva Sreedharan, under Chairman Semih Gökmen.
Verdant Energy firmographics
Firmographics- Name
- Verdant Energy
- Legal name
- Verdant Energy Pte. Ltd.
- Website
- https://verdant-energy.co
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Verdant Energy is a Singapore-based renewable energy developer that invests in, develops, finances, and operates solar, wind, and battery storage projects for C&I customers and utility-scale applications across Southeast Asia, backed by A.P. Moller Capital.
- Ownership category
- akta.pro rank
Verdant Energy industry classification
Industry- Product category
- Renewable Energy Development
- NAICS
- Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
- akta.pro secondary industries
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Resilience & Backup Power Solutions (Critical Facilities, Islanding) (EUAMAJAK)
Keywords
Where Verdant Energy is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
Verdant Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- C&I Rooftop Solar Development and Ownership: Verdant Energy invests in, constructs, owns, and operates tailored rooftop solar systems for commercial and industrial businesses, generating revenue through energy sales and savings passed to customers.
- Utility-Scale Project Development: Development, financing, construction, and operation of large-scale renewable energy projects (ground-mounted solar, floating solar, wind) for grid-scale energy generation and sales.
- Brownfield Asset Acquisition: Acquisition of existing renewable energy assets to expand portfolio, generating revenue from operations and asset management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based pricing for solar installations |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Verdant Energy product offering
Product offeringCore offering
Verdant Energy develops, finances, constructs, and operates renewable energy projects across Southeast Asia. The company delivers two core offerings: (1) distributed Commercial & Industrial (C&I) rooftop solar systems that it owns and operates on customer sites, and (2) utility-scale renewable projects including ground-mounted solar, floating solar, onshore and nearshore wind farms, and hybrid battery energy storage systems (BESS).
Product overview
Verdant Energy is a renewable energy development company that operates as a unified platform offering both distributed commercial & industrial (C&I) solar solutions and utility-scale renewable energy projects. The product portfolio consists of the Distributed C&I Platform for rooftop solar installations serving businesses, complemented by Utility-Scale Projects including ground-mounted solar, floating solar, onshore and nearshore wind farms, and hybrid Battery Energy Storage Systems (BESS). The company invests, develops, finances, constructs, and operates projects across Southeast Asian markets including Vietnam, Philippines, Thailand, Indonesia, and Malaysia.
Differentiator
Problem solved
Functional benefit
Products and services
- Distributed C&I Platform (Commercial & Industrial Rooftop Solar)
- Utility-Scale Solar (Ground-Mounted and Floating)
Quantifiable outcome
- Verdant Energy projects avoid 71,000 tCO₂ equivalent emissions annually
- +3 more outcomes
Companies that use Verdant Energy
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles2 records
Verdant Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Verdant Energy partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- RASLAG CorpcoreRASLAG Corp partnered with Verdant Energy for the acquisition of PHESI (Philippines Hybrid Energy Systems Inc.), a 16 MW wind farm with 6 MWh BESS. This marks Verdant Energy's first operating asset in the Philippines and first step into wind and energy storage in that market.
- Norsk RenewablescoreNorsk Renewables partnered with Verdant Energy in the landmark acquisition of an 11 MWp rooftop solar portfolio in Vietnam. Their strong collaboration enabled the transaction alongside Norfund and Finnfund, adding robust commercial rooftop solar systems to Verdant Energy's operations.
Scale indicators8 records
Recent moves9 records
Expansion highlights6 records
Verdant Energy competitors and assessment
Company assessmentRegional players
- ACEN Corporation: Philippines-listed renewable energy platform developing utility-scale solar, wind, and BESS across the Philippines and broader APAC. Comparable on multi-technology RE development and on direct overlap with Verdant's Philippines expansion (PHESI wind asset).
- Solarvest Holdings Berhad: Malaysian-listed solar PV engineering, procurement, construction and developer with C&I and utility-scale exposure. Operates in one of Verdant's five target markets (Malaysia) and shares the same end-market and EPC + ownership hybrid model.
- B.Grimm Power: Thai-listed integrated power developer with renewable generation (solar, wind) plus gas/thermal across Thailand and SE Asia. Directly comparable on Thailand utility/renewable expansion (Verdant's 37 MWp South Hodo acquisition) and broader SE Asia development ambition.
Direct peers
- Cleantech Solar: Singapore-headquartered C&I rooftop solar developer operating across SE Asia, with the same core proposition of financing, building, owning and operating on-site PV for commercial/industrial customers. Closest like-for-like comparable in business model, customer segment, and geography.
- Sunseap Group (ENGIE Solar): Singapore-based distributed solar developer (now part of ENGIE) that pioneered C&I rooftop PPAs in SE Asia. Directly comparable on customer segmentation (C&I off-takers), project finance model, and regional footprint across Vietnam/Singapore/Malaysia.
Broad incumbents
- Sembcorp Industries: Singapore-listed energy and urban developer with renewables and conventional generation across SE Asia (Vietnam, Indonesia, Singapore). Competes for SE Asia utility-scale and C&I renewable deals and provides scale benchmark for Verdant to grow into.
- Mainstream Renewable Power: Global renewable developer (backed by private equity, with SE Asia and APAC activity) developing utility-scale wind and solar. Comparable on PE-sponsored scaling strategy and multi-region renewable asset roll-up approach.
- Tata Power Solar Systems: Subsidiary of Tata Power operating in C&I rooftop and utility-scale solar EPC and development across India and select overseas markets. Comparable on integrated EPC + asset ownership model and corporate/industrial customer focus.
- Adani Green Energy: Large India-listed renewable IPP with utility-scale solar, wind, and hybrid development globally. Provides a benchmark for the kind of multi-technology, multi-country RE platform Verdant is building toward and for institutional-investor narrative at scale.
Emerging players
- Norsk Renewables: Norwegian developer/asset owner that co-invested with Verdant on the 11 MWp Vietnam Central Retail portfolio acquisition. Comparable on emerging-market rooftop solar focus, DFI funding model (Norfund/Finnfund-backed), and SE Asia distribution strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Verdant Energy social profiles
Digital presenceVerdant Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verdant Energy leadership team
Management profileNumber of profiles
Profiles7 records
Verdant Energy subsidiaries and ownership
Company hierarchySubsidiaries1 record
Verdant Energy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verdant Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Verdant Energy
What does Verdant Energy do?
Verdant Energy develops, finances, constructs, and operates renewable energy projects across Southeast Asia. The company delivers two core offerings: (1) distributed Commercial & Industrial (C&I) rooftop solar systems that it owns and operates on customer sites, and (2) utility-scale renewable projects including ground-mounted solar, floating solar, onshore and nearshore wind farms, and hybrid battery energy storage systems (BESS).
Is Verdant Energy a public or private company?
Verdant Energy is a private company. It is classified as private equity controlled and is currently operating.
When was Verdant Energy founded?
Verdant Energy was founded in 2024. It employs 11 to 50 people.
Where is Verdant Energy based?
Verdant Energy is headquartered in Singapore, Singapore, in the Asia region.
How does Verdant Energy make money?
Three revenue lines are on record. C&I Rooftop Solar Development and Ownership is the primary driver. The others are utility-Scale Project Development and brownfield Asset Acquisition.
Who are Verdant Energy's main competitors?
Regional players on record are ACEN Corporation, Solarvest Holdings Berhad and B.Grimm Power. Direct peers are Cleantech Solar and Sunseap Group (ENGIE Solar). Broad incumbents are Sembcorp Industries, Mainstream Renewable Power, Tata Power Solar Systems and Adani Green Energy. Norsk Renewables is listed as an emerging player.
Does Verdant Energy have an API?
No public API is recorded for Verdant Energy.
What industry is Verdant Energy in?
Verdant Energy's product category is Renewable Energy Development. Its primary akta.pro industry code is EUAMAJAD, Distributed Generation (DG) Solar & Small Wind, with a secondary code of EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 221114 and its SIC code is 4911.