aktsiaselts Eleväli

What aktsiaselts Eleväli does

aktsiaselts Eleväli (Eleväli AS) is a privately held Estonian electrical engineering company headquartered in Viljandi, founded in 1991 by Larvo Klaos and Rein Pius and operating continuously without external funding or loans. Its core offering is end-to-end design, construction, and maintenance of electrical installations, industrial automation systems, low-current systems (telecommunications, fire alarms, security), and solar power plants for both off-grid and on-grid applications. The firm has cumulatively installed over 200 MW of solar power plants in Estonia and supports a 10-year component warranty through supplier partnerships with Solarstone (panels), SolarEdge GmbH (inverters), and Schletter GmbH (mounting accessories). It also operates an authorized SolarEdge warranty service operation and has a smart relay-based remote-control product line enabling WiFi-based electrical equipment automation with stock-price-driven consumption regulation.

The business operates a hybrid B2B services and direct-to-consumer hardware model. Primary revenue mechanics include project-based B2B electrical and automation services to industrial companies (notably wood and metal industry customers in the Viljandi region), public procurement contracts won at an average frequency of 2.3 times per year since 2016, and partnership-based general electrical installations for commercial and residential construction (shopping centers, offices, apartment buildings). A secondary revenue stream is hardware retail through the company's e-commerce storefront (elevali.ee/pood) selling solar panels, inverters, batteries, EV chargers, and optimizers from brands including Ja Solar, Jinko, Longi, SolarEdge, Deye, Huawei, Sungrow, and BYD. Pricing for project services is not publicly disclosed; hardware pricing is transparent per unit, ranging from €65 for entry-level solar panels up to €5,150 for high-capacity inverters.

Eleväli serves the Northern Europe and Baltic region, with stated project experience in Estonia, Finland, Sweden, and Belarus, and operates with 11-50 employees. Its cooperation partner network includes Siemens, Schneider Electric, Rittal, FoxSec, and Vool alongside core supplier partnerships. The company is privately capitalized (no external investors, no parent or subsidiaries) and is bootstrapped since inception.

Name

aktsiaselts Eleväli

Legal name

aktsiaselts Eleväli

Website

https://elevali.ee

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Eleväli AS is an Estonian electrical engineering company headquartered in Viljandi, founded in 1991, that designs, installs, and maintains industrial electrical, automation, and solar power plant systems for wood and metal industry clients, construction contractors, and government public procurement customers, and sells solar hardware via e-commerce.

Ownership category

akta.pro rank

Product category

Industrial Electrical Engineering Services

NAICS

Solar Electric Power Generation (221114), Electrical Equipment Manufacturing (3353), Electrical Equipment, Appliance, and Component Manufacturing (335)

SIC

Electrical Industrial Apparatus (3620), 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), EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF), EV Charging Grid Integration Services (Utility Make-Ready, Load Management Integration) (EUAEANAJ), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF)

Keywords

• Electrical engineering services
• Solar power plant construction
• Industrial automation systems
• Low-current installations
• Electrical maintenance services

Headquarters

HQ city

Viljandi

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical and Automation Services: Design, construction, and maintenance of electrical installations, automation systems, and solar power plants for industrial and construction clients. Revenue comes from project-based services including public procurement contracts and direct contractor work.
2. Product Sales (E-commerce): Direct sales of solar panels, inverters, battery modules, EV chargers, optimizers, and mounting accessories through their online shop. Customers can pick up in Viljandi or have items shipped.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Eleväli AS designs, constructs, and maintains electrical installations, industrial automation systems, and solar power plants for industrial and construction clients. The company also sells solar panels, inverters, battery modules, EV chargers, and related components through its own e-commerce shop, and offers remote control of electrical equipment via smart relays and WIFI-based API integration.

Product overview

Eleväli AS is an electrical work company specializing in solar energy solutions and industrial automation. Their offering consists of core services (solar power plant design and construction, electrical work, automation, and low-current systems) combined with a product portfolio including solar panels (Ja Solar, Jinko, Longi, Risen, Yingli, Leapton, Talesun), inverters (SolarEdge, Deye, Fronius, Huawei, Sungrow, Victron), battery modules (Sunrover, Sungrow, Solax, BYD, Deye), EV chargers (Huawei), and power optimizers (Tigo, SolarEdge, Huawei). They also offer remote control solutions for electrical devices and smart energy management via API integration with devices like Komfovent ventilation units.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Power Plants (Päikeseelektrijaamad) Design and construction of off-grid and on-grid solar power plants of various sizes, including building permits and expertise for projects exceeding 250A. Includes maintenance and expert evaluation with reporting, with response times up to 24 hours. Over 200 MW of solar power plants built in Estonia.
• Electrical Work (Elektritööd) Electrical design, construction, maintenance, and testing services including electrotechnical measurements, power quality logging, and illuminance measurements, from lighting systems to substations.
• Automation Work (Automaatikatööd) Design and installation of automation systems including frequency converter programming, control panel manufacturing, and Profinet, ProfiBus, and ASiBus network design for industrial companies.
• Low-Current Work (Nõrkvoolutööd) Design and construction of telecommunications networks, automatic fire alarm systems, and security alarm systems.
• Remote Control of Electrical Equipment (Elektriseadmete Kaugjuhtimine) Remote control of electrical devices via smart relays, with consumption regulation based on stock exchange prices, sensors and algorithms, including API-based control of third-party equipment (e.g., Komfovent ventilation units) over WIFI.
• Solar Panels (Päikesepaneelid) Solar panels from brands including Ja Solar, Jinko Tiger Neo, Longi, Risen, Yingli, Leapton, and Talesun, sold through the online shop with pick-up in Viljandi or shipping.
• Inverters (Inverterid) Inverters from SolarEdge, Deye, Fronius, Huawei, Sungrow, and Victron brands for solar installations. Includes authorized factory warranty servicing for SolarEdge inverters.
• Battery Modules (Akumoodulid) Battery storage modules from Sunrover, Sungrow, Solax, BYD (B-Box Premium), and Deye for solar energy storage.
• EV Chargers (Elektriautode laadijad) Electric vehicle chargers including Huawei FusionCharge AC three-phase 22kW/32A models for residential and commercial use.
• Power Optimizers (Optimeerijad) Power optimizers from Tigo, SolarEdge, and Huawei Smart PV brands for solar panel output optimization.

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• SolarstonecoreTechnology or IntegrationSolar panel supplier providing high-quality solar panels for Eleväli's solar power plant installations. Components come with at least 10-year warranty through this partnership.
• SolarEdge GmbHcoreTechnology or IntegrationInverter supplier providing SolarEdge inverters. Eleväli is an authorized warranty service provider for SolarEdge products, offering factory-authorized maintenance.
• Schletter GmbHcoreTechnology or IntegrationMounting accessories supplier for solar panel installations. Components come with at least 10-year warranty through this partnership.
• VoolminorStrategic or Co-development PartnerListed as a cooperation partner on the company's partners page.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Alexela: Estonian energy company with renewable energy and EV charging operations. Overlaps with Eleväli in solar deployment and EV charging infrastructure within the Estonian market.
• Siemens: Global industrial automation and electrification company listed as a cooperation partner of Eleväli. Competes in industrial automation, PLC, and electrical infrastructure projects across the Baltic region.
• Merko Ehitus: Largest Estonian construction group with electrical and general contracting capabilities. Competes with Eleväli for electrical installation work in shopping centers, offices, and residential buildings as a main contractor.
• Eesti Energia: Estonian state-owned energy utility with renewable generation arm (Enefit Green). Engaged in solar PV development in Estonia, representing both a potential partner and competitor for utility-scale projects.
• Schneider Electric: Global electrical distribution and automation vendor listed as a cooperation partner of Eleväli. Competes in industrial automation and electrical infrastructure projects where Eleväli also operates.
• Utilitas: Estonian energy group operating district heating and renewable generation. Comparable as an Estonian energy infrastructure operator with potential overlap in solar PV and electrical services to industrial customers.

Others

• SolarEdge: Global inverter manufacturer and Eleväli's core technology partner. While not a direct competitor, SolarEdge's authorized service partnership model and direct installer network overlaps with Eleväli's value proposition.

Direct peers

• Vool: Estonian EV charging infrastructure company and listed cooperation partner of Eleväli. Both companies operate in Estonian energy infrastructure, with overlapping B2B and B2C channels in EV charging deployment.
• Sunly: Baltic renewable energy developer building utility-scale solar and wind farms. Comparable to Eleväli's solar EPC work but operating at a larger utility-scale project level across Estonia, Latvia, and Lithuania.
• Solarstone: Estonian solar panel supplier and installer partner of Eleväli. Both firms operate in Estonian solar EPC and component distribution, targeting similar residential and commercial customers in the Baltic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 aktsiaselts Eleväli