Solvis

What Solvis does

Solvis, operating through the Latvian-registered legal entity SIA ALTENERGO (registration number 40103175220, headquartered at Pulkveža Brieža iela 43-4, Riga), is the official representative of German manufacturer SOLVIS GmbH in Estonia and serves customers across the Baltic states. The company distributes and installs a modular portfolio of hybrid heating systems for residential homeowners (primary segment) and small commercial or communal facilities (secondary segment), combining renewable energy sources (solar, heat pumps, pellets) with conventional heating (gas, diesel) into integrated solutions. Core products include the SolvisMax universal heating system (up to A+++ energy efficiency), SolvisBen compact boiler, SolvisLea inverter-driven air-to-water heat pump, SolvisCala compact solar collector, SolvisLino pellet boiler, and the SolvisTim/SolvisTom PV2HEAT systems that convert surplus photovoltaic energy into heat.

The underlying technology stack is anchored by German engineering from SOLVIS GmbH, including inverter-based energy control for heat pumps, modular system architecture allowing component mixing, and a proprietary Solvis Portal mobile application that delivers real-time notifications, energy consumption analytics, and round-the-clock central station monitoring. The manufacturing claim centers on Europe's first zero-emission factory, positioning the product family on sustainability and energy-efficiency grounds rather than on novel AI or software differentiation.

Commercially, Solvis runs a sales-led, consultative go-to-market: project managers consult with prospects, prepare bespoke commercial proposals, coordinate professional installation by technicians, and maintain multi-year service relationships supported by rapid-response maintenance teams. Pricing is quote-based with no publicly disclosed tiers, reflecting the project-specific nature of hybrid heating deployments. Revenue streams combine hardware sales (heat pumps, boilers, solar collectors), professional installation services, and ongoing maintenance and repair contracts, with the Solvis Portal adding a recurring service and monitoring dimension on top of the one-time equipment sale. No funding rounds, headcount figures, or revenue disclosures were identified in the source data.

Name

Solvis

Legal name

SIA ALTENERGO

Website

https://solvis.ee

Company type

Private

Operating status

Operating

Short description

Solvis is the official Estonian representative of German SOLVIS GmbH, distributing and installing modular hybrid heating systems — heat pumps, solar collectors, pellet boilers, and PV2HEAT units — for residential homeowners and small commercial facilities across the Baltic states.

Ownership category

akta.pro rank

Product category

Hybrid Heating Systems

NAICS

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (423720)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Hydronic/Baseboard Radiant Heating Service (HSAOACAE)

akta.pro secondary industry

Boiler & Hydronic Heating Repair & Service (HSAOAHAG)

Keywords

• Hybrid heating systems
• Heat pumps
• Solar collectors
• Pellet boilers
• Renewable energy heating

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Heating Equipment Sales: Sale of heating equipment including heat pumps, solar collectors, pellet boilers, gas boilers, and diesel boilers. Products are modular components of hybrid heating systems.
2. Installation and Setup Services: Professional installation services provided by technicians who set up the system, provide usage instructions, and handle contract signing. Included as part of the customer journey.
3. Maintenance and Repair Services: Rapid response teams dispatched for heating system repairs and maintenance as needed, providing ongoing service revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Solvis sells, installs, and services modular hybrid heating systems that combine renewable energy sources (heat pumps, solar collectors, pellet boilers) with traditional sources (gas, diesel boilers). As the official representative of German manufacturer SOLVIS GmbH in Estonia, the company provides residential and small commercial heating solutions achieving up to A+++ energy efficiency, complemented by professional installation, 24/7 central monitoring, and ongoing maintenance services.

Product overview

Solvis offers a modular hybrid heating system portfolio from German manufacturer SOLVIS GmbH. The core products include SolvisMax (flagship universal heating system) and SolvisBen (compact boiler alternative), both supporting heating, water heating, and optional pool heating up to A+++ efficiency. The ecosystem integrates add-on modules including SolvisLea (air-to-water heat pump with inverter technology), SolvisCala (compact solar collector), SolvisLino (pellet boiler), and SolvisTim/SolvisTom (PV2HEAT systems for solar-to-heat conversion). All products are managed through the Solvis Portal platform application providing remote monitoring, analytics, and 24/7 support. The company operates Europe's first zero-emission manufacturing facility.

Differentiator

Problem solved

Functional benefit

Brands

• SolvisMax: Universal heating system - combined system of highest energy efficiency class (up to A+++) providing heating, water heating, and optionally pool heating
• SolvisBen
• SolvisLea
• SolvisCala
• SolvisLino
• SolvisTim
• SolvisTom
• Solvis Portal

Products and services

• SolvisMax
• SolvisBen
• SolvisLea
• SolvisCala
• SolvisLino
• SolvisTim
• SolvisTom
• Solvis Portal

Quantifiable outcome

• Energy efficiency class up to A+++
• +2 more outcomes

Segments2 records

Ideal customer profiles2 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.

• SOLVIS GmbHcoreStrategic or Co-development PartnerSOLVIS GmbH is the German parent company and leading European manufacturer of hybrid heating systems. Solvis Estonia operates as the official representative of SOLVIS GmbH in Estonia, distributing their products including SolvisMax, SolvisBen, SolvisLea, SolvisCala, and other heating solutions. The parent company manufactures at the first zero-emission factory in Europe.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Viessmann: German family-owned manufacturer of heating, industrial, and refrigeration systems with a broad modular portfolio spanning heat pumps, boilers, solar thermal, and hybrid solutions. Directly comparable to SOLVIS GmbH (Solvis's parent) in product breadth, hybrid system philosophy, and German engineering brand.
• Daikin Europe: Global HVAC leader with a strong European heat pump portfolio (Altherma range) and broad installer support. Competes directly against SolvisLea heat pumps and hybrid configurations, especially as EU heat pump adoption accelerates.
• Bosch Home Comfort (Thermotechnology): Bosch's heating and hot water division produces boilers, heat pumps, and hybrid systems under Bosch, Buderus, and Worcester brands. Comparable as a broad incumbent offering overlapping hybrid heating solutions with established installer networks across Europe.
• Mitsubishi Electric (Heating): Major Japanese HVAC manufacturer with Ecodan air-to-water heat pumps widely adopted across European residential markets. Comparable in delivering inverter-driven heat pump technology that overlaps with SolvisLea.
• Stiebel Eltron: German manufacturer specializing in heat pumps, ventilation, and domestic hot water. Overlaps with SolvisLea heat pump and SolvisMax/Ben hybrid systems and competes on the same German-engineering premium positioning.
• Buderus: Bosch-owned German heating brand offering boilers, heat pumps, and hybrid systems with strong installer training programs. Competes in the same mid-to-premium residential hybrid heating category as SolvisMax/Ben.
• Vaillant: European heating manufacturer offering condensing boilers, heat pumps, solar thermal, and hybrid systems for residential and small-commercial markets. Directly comparable in product mix and customer segment to Solvis's portfolio.

Emerging players

• Gree Electric: Chinese HVAC manufacturer rapidly expanding its European heat pump footprint with competitively priced residential units. Represents the emerging low-cost threat to premium German-engineering positioning in the Baltic residential market.

Direct peers

• IDM Energiesysteme: Austrian manufacturer of heat pumps, solar thermal, and hybrid heating systems for residential and small-commercial buildings. Closest comparable in terms of company size, modular hybrid product philosophy, and reliance on regional distributor networks across Central and Eastern Europe.

Regional players

• NIBE Energy Systems: Swedish heat pump manufacturer and one of Europe's leading providers of residential and commercial heat pumps. Geographically the closest comparable player to Solvis in the Nordic-Baltic context and a key alternative heat pump brand Solvis competes against for residential projects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

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 Solvis