Two Blues Solar

What Two Blues Solar does

Two Blues Solar Limited is a UK private limited company headquartered in the City of London that finances, designs and operates commercial rooftop solar PV installations through fully-funded Power Purchase Agreements (PPAs) and an end-to-end solar consultancy service. The company funds 100% of procurement, installation and lifetime maintenance using capital from a 2023 joint venture with True Green Capital Management LLC, and sells electricity back to customers at rates typically 30-60% below prevailing market energy prices over 10-25 year contract terms. Its technology stack combines Tier 1 solar modules (Qcells, Jinko, Canadian Solar, Trina) with a client-facing asset management portal that provides live generation data, monthly performance reporting and proactive maintenance monitoring throughout the PPA term.

The company serves four primary segments: commercial and industrial businesses (energy-intensive manufacturers, food processors, distributors); landlords and property owners seeking EPC upgrades and tenant-attraction benefits; public sector organisations (schools, councils, NHS trusts) reached through the LASER Solar Framework Lot 5; and EPCs and solar installers that refer clients requiring PPA financing through a partner network that includes Photon Energy, Biosus Energy, Green Shield Group, Nuvolt and Atrato Onsite Energy. Named customers include Kanthal (714 kWp), Lossie Seafoods (293.94 kWp), Ennovi (818 kWp), Outcomes First Group (298 kWp across four schools), Marston's plc (approximately 120 pubs at ~35 kWp each), ADI Global (255 kWp) and ForFarmers UK (165 kWp).

Go-to-market is direct and sales-led: field sales for enterprise deals, inside sales for mid-market enquiries, complemented by content marketing, LinkedIn outreach, trade press coverage, webinars and industry events. The company is also a member of Solar Energy UK, where director Daniel Levene serves as Co-Chair of the Energy Markets Steering Group. Pricing is quote-based and flexible across RPI-linked, fixed, CPI-linked, fixed-inflation and discount-to-market structures, with both pay-as-consumed and pay-as-produced PPA options. The team is small (1-10 employees, five named individuals) and the operating model leans heavily on the TGC funding relationship and a vetted EPC/installer network to execute at scale toward the joint venture's target of up to 300 UK projects over five years.

Name

Two Blues Solar

Legal name

Two Blues Solar Limited

Website

https://twobluessolar.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Two Blues Solar finances, installs and operates commercial rooftop solar PV under fully-funded 10-25 year Power Purchase Agreements for UK businesses, landlords and public sector organisations, backed by a joint venture with True Green Capital Management.

Ownership category

akta.pro rank

Product category

Commercial Solar Energy Services

NAICS

Solar Electric Power Generation (221114)

SIC

Finance Lessors (6172), Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA) (EUACAGAH), Retail & Community PPAs (Community Solar/Shared Renewables) (EUAGADAC)

Keywords

• Commercial solar PPA
• Solar consultancy services
• Rooftop solar installations
• Renewable energy financing
• Power purchase agreements

Headquarters

HQ city

City Of London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Power Purchase Agreement (PPA) Revenue: Two Blues Solar generates revenue by funding, owning, and operating solar PV systems on customer rooftops. They sell electricity back to customers at rates typically 30-60% lower than market energy rates through 10-25 year PPA agreements. The company maintains ownership of the solar assets throughout the PPA term and assets transfer to customer ownership at end of agreement.
2. Solar Consultancy Services: For clients who wish to self-fund projects, Two Blues provides end-to-end consultancy and project management services, helping them roll out solar more rapidly with less internal resources. This includes feasibility assessments, system design, installer appointment, contract negotiation, and project oversight.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Two Blues Solar funds, owns, and operates commercial rooftop solar PV systems for UK businesses, landlords, and public sector organisations under 10–25 year Power Purchase Agreements (PPAs) at electricity rates typically 30–60% below market, with no upfront capital required from the customer. The company also provides end-to-end solar consultancy for self-funding clients, managing feasibility, design, installer procurement, DNO approvals, commissioning, and ongoing operations and maintenance throughout the PPA term.

Product overview

Two Blues Solar operates as a solar energy company offering two core service lines: (1) Fully Funded Solar (Solar PPA) — a financing model that funds 100% of solar procurement, installation, and maintenance, providing power through Power Purchase Agreements at 20-60% below market rates over 10-25 year terms; and (2) Solar Consultancy — end-to-end project management from feasibility through commissioning and ongoing operations. The company serves multiple segments including businesses, landlords, public sector organizations, and EPC/installers through its partnership network. Projects span various sectors including manufacturing (Kanthal, Ennovi), food processing (Lossie Seafoods, ForFarmers), hospitality (Marston's plc), education (Outcomes First Group), and distribution (ADI Global). The company is backed by True Green Capital Management with funding capacity for up to 300 projects over five years.

Differentiator

Problem solved

Functional benefit

Products and services

• Fully Funded Solar (Solar PPA) Fully-funded solar Power Purchase Agreement (PPA) product in which Two Blues Solar funds 100% of procurement, installation, and maintenance of a commercial rooftop solar PV system, then sells the generated electricity to the host customer at rates typically 30–60% below market over a 10–25 year term with no upfront capital outlay. The company manages planning, installation, grid connection, lifetime operations, maintenance, and sustainability reporting throughout the PPA term, with ownership of the solar asset transferring to the customer at end-of-term. Target customers are UK commercial and industrial businesses, landlords, and public sector organisations with suitable rooftop space.
• Solar Consultancy End-to-end solar project management service for self-funding clients. Includes portfolio assessment, site feasibility studies, system design, DNO applications, installer appointment, contract negotiation, installation oversight, commissioning, and ongoing operations and maintenance with performance reporting. Uses Two Blues' trusted supplier and installer network and project-ready legal documentation to accelerate contracting and reduce management burden on the customer.
• Solutions for Businesses Vertical-specific packaging of the Fully Funded Solar PPA for businesses that own or lease their sites, managing all parties to maximise energy bill reductions and deliver capex-free savings from day one. Designed for UK commercial and industrial owner-occupier and tenant businesses.
• Solutions for Landlords Solar PPA and rooftop lease arrangements tailored for commercial landlords and property portfolios, including revenue-sharing options and stakeholder management across landlords, tenants, insurers, and DNOs. Supports portfolio decarbonisation, EPC rating improvement, and tenant attraction.
• Public Sector Solar Solutions Fully-funded solar installations for UK public sector organisations procured through the LASER Solar Framework (Lot 5) where Two Blues is an approved primary supplier. Provides zero upfront capital and a compliant procurement route for councils, schools, NHS trusts, and other public bodies.
• EPCs & Installers Partnership Program Funding and partnership programme enabling Energy Performance Contractors and solar installers to offer fully-funded PPA solutions to their commercial and public-sector clients. Two Blues provides 100% project funding and ongoing maintenance coverage, while the partner provides installation and customer relationships.

Quantifiable outcome

• Energy savings of 30-60% below market rates for customers
• +3 more outcomes

Named customers7 records

Segments4 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

Scale indicators6 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Photon Energy: Photon Energy is both a listed Two Blues EPC partner and an independent solar developer/operator active in UK and European commercial solar. Comparable in C&I rooftop solar delivery and PPA structuring.
• Lightsource bp: Lightsource bp is one of the largest UK and European developers of utility-scale and commercial solar, including PPA-funded commercial projects. Directly comparable in solar PPA structuring, project finance, and C&I customer origination.
• Solarcentury (Statkraft): Solarcentury, now part of Statkraft, is a long-established UK commercial and utility-scale solar developer with a similar C&I customer focus. Comparable in rooftop solar delivery, PPA structuring, and EPC coordination in the UK.

Emerging players

• Cobalt Energy: Cobalt Energy is a UK solar and storage developer serving commercial and industrial customers with funded solar solutions. Comparable in C&I solar PPA model and EPC-driven delivery in the UK.
• Enviromena: Enviromena is a UK-based solar PV developer and operator focused on commercial and industrial solar. Comparable in C&I rooftop project delivery and PPA-style customer offerings in the UK market.
• Engensa: Engensa is a UK solar developer focused on commercial rooftop installations and funded solar solutions. Comparable in C&I rooftop focus and PPA-style customer engagement in the UK.
• Sunlit Solar: Sunlit Solar is a smaller UK solar installer serving commercial and residential customers. Comparable as an early-stage UK solar provider targeting C&I rooftops, though with narrower funding and project scope than Two Blues.

Others

• Open Solar: Open Solar provides software for solar installers and PPA structuring, indirectly comparable as an enabler of UK and global C&I solar PPAs. Adjacent rather than directly competitive.

Broad incumbents

• SSE Renewables: SSE Renewables is a major UK renewable developer with solar and wind generation assets and commercial PPA offerings. Comparable as a UK incumbent providing renewable energy supply and corporate PPAs to commercial customers.
• EDF Renewables UK: EDF Renewables UK operates across wind, solar, and storage at scale, including UK commercial and corporate solar PPAs. Comparable in PPA customer base but operates a broader portfolio rather than specializing in C&I rooftop only.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/two-blues-solar

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Two Blues Solar