Greenbuddies, s.r.o.

What Greenbuddies, s.r.o. does

Greenbuddies, s.r.o. is a Prague-headquartered EPC contractor founded in February 2017 by Aleš Spáčil and Ondřej Vodsloň that develops, builds, and operates utility-scale photovoltaic power plants, battery energy storage systems (BESS), and electromobility infrastructure across 18 European countries. Since 2017 the firm has delivered more than 1,500 MWp of PV capacity — comprising over 3.5 million PV modules, 7,000 inverters, and 30,000 km of DC cables — through turnkey services that span site selection, permitting, design, procurement, construction, and ongoing operations and maintenance. The product portfolio centers on ground-mounted freefield PV, rooftop installations (including specialized lightweight Sunman panels for structurally limited roofs), solar carports, floating PV with trackers, and BESS, supplemented by a BESS aggregation and flexibility optimization service launched in 2025 that captures recurring revenue from aFRR, FCR, and arbitrage grid services.

The company serves energy companies, developers, and industrial enterprises through direct enterprise sales managed by country managers for Germany, Italy, France, and the Netherlands, with delivery executed via an internal team of 95 core employees and a network of 450+ exclusive subcontractors across Europe. Revenue is generated through five streams: one-time EPC contracts, recurring Power Purchase Agreements (transaction-based, with Greenbuddies retaining asset ownership), BESS flexibility services, development and consulting fees, and recurring O&M subscriptions; customer-friendly financing is enabled through a partnership with UniCredit Leasing offering 0% down payment and up to 10-year terms. Marquee customers include Škoda Auto, Denso Liberec, Foxconn Pardubice, Ferona Ostrava, Coca-Cola, Penny Market, CTParks, P3 Logistic Parks, and STEAG, while major multi-year revenue backlogs are anchored by the Langa International cooperation (CZK 2.4 billion / EUR 100 million over 5 years) and the ib vogt joint venture (500 MW Czech pipeline). The group operates through wholly-owned subsidiaries including Greenbuddies Charging (EV infrastructure), Greenbuddies Development, Greenbuddies Energy B.V. (Netherlands regional HQ), and Greenbuddies holding a.s. (parent holding formed October 2024), with offices in Prague, Eindhoven, Germany, and Italy, and reported doubled profit of CZK 100 million in 2023 according to Forbes.

Name

Greenbuddies, s.r.o.

Legal name

Greenbuddies, s.r.o.

Website

https://greenbuddies.eu

Company type

Private

Founded year

2017

Operating status

Operating

Short description

Greenbuddies is a Prague-based EPC contractor founded in 2017 that designs, builds, and operates utility-scale photovoltaic power plants, battery storage systems, and EV charging infrastructure across 18 European countries, serving energy developers, industrial enterprises, and investors.

Ownership category

akta.pro rank

Product category

Solar EPC Services

NAICS

Utility System Construction (2371), Solar Electric Power Generation (221114), Power and Communication Line and Related Structures Construction (237130)

akta.pro primary industry

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

akta.pro secondary industries

BESS EPC, Integration & Commissioning (EUAFAAAB), Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB), Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

Keywords

• Photovoltaic power plants
• Battery energy storage
• Solar EPC services
• Renewable energy construction
• Utility-scale solar

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracts: Engineering, Procurement, and Construction services for utility-scale photovoltaic power plants and BESS. Full turnkey delivery from site selection through commissioning. Revenue is project-based, one-time per installation.
2. Power Purchase Agreement (PPA): Long-term electricity supply contracts from renewable sources at predefined stable prices. Greenbuddies invests in construction and operation, customer pays for electricity consumed at agreed rates. On-site and off-site models available.
3. BESS Flexibility Services: Aggregation and optimization of battery storage flexibility for grid services including aFRR (automatic Frequency Restoration Reserve), FCR (Frequency Containment Reserve), and arbitrage. Revenue derived from energy market participation.
4. Development Services: Plot selection, land assessment, permitting, and project preparation services. Includes administrative studies, economic studies, framework design, and grid connection assessments.
5. Operations and Maintenance: Remote monitoring, supervision and control of PV plants. Preventing, detecting and repairing problems to maintain performance.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Greenbuddies is a European EPC (Engineering, Procurement and Construction) contractor that develops, builds, finances and operates utility-scale photovoltaic power plants and battery energy storage systems (BESS). The company delivers ground-mounted PV plants, rooftop installations, solar carports and BESS for energy companies, developers, and industrial customers, complemented by development services, operations and maintenance, Power Purchase Agreements (PPA), and EV charging infrastructure. Since 2017 it has delivered more than 1,500 MWp of PV projects across 18 European countries.

Product overview

Greenbuddies operates as a comprehensive EPC (Engineering, Procurement, Construction) provider specializing in utility-scale photovoltaic power plants and battery energy storage systems (BESS) across Europe. The product portfolio consists of four core construction offerings — Freefields (ground-mounted PV), Rooftop PV, Carports, and Batteries (BESS) — supported by Development Services (site selection, design, permitting), Operation & Maintenance, and specialized add-ons including lightweight Sunman panels for structurally limited roofs. Supplementary services include PPA contracts, UniCredit Leasing financing partnerships, and BESS aggregation/optimization services. The group also includes Greenbuddies Charging for EV infrastructure. Since 2017, the company has delivered over 1,500 MWp of PV projects across 18 European countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Freefields (Ground-Mounted PV) Ground-mounted photovoltaic power plant construction and installation services for utility-scale solar projects across Europe, including installations with solar trackers.
• Rooftop PV Rooftop solar panel installation services for industrial and commercial buildings, including lightweight panel solutions for structurally limited roofs.
• Carports Solar carport construction providing covered parking with integrated photovoltaic systems for commercial and industrial applications.
• Batteries (BESS) Battery energy storage system (BESS) construction and integration services for utility-scale and commercial energy storage applications.
• Development Services Solar project development services including site identification, land securing, grid connection establishment, permitting, design and financing support for photovoltaic and BESS projects.
• Operation and Maintenance Remote monitoring, supervision, and control services for photovoltaic plants and battery storage systems to prevent, detect, and repair performance issues.
• Power Purchase Agreement (PPA) Long-term electricity supply contracts from renewable sources at fixed prices, enabling companies to stabilize energy costs and meet ESG requirements without upfront capital investment.
• BESS Aggregation and Optimization Flexibility aggregation and optimization service for battery energy storage systems using proprietary software to maximize profitability through aFRR, FCR, arbitrage, and combined revenue strategies on energy markets.
• Greenbuddies Charging (EV Infrastructure) Electric vehicle charging infrastructure installation, servicing and maintenance services including servicing and upgrading of chargers for pan-European hypercharger networks across Czech Republic, Germany and Poland.

Quantifiable outcome

• Over 1,500 MWp of PV plants delivered since 2017
• +6 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Differ Energy ASminorImplementation/ SI/ Consulting Partner · 1 January 2026EPC partner for the Kile project in Norway. Greenbuddies handles foundations, mechanical installation, and panel installation while Differ Energy AS serves as EPC partner for the 8.5 MWp ground-mounted project.
• Langa InternationalcoreStrategic or Co-development Partner · 1 February 2023Agreement for development and construction of ground-mounted solar power plants in Czech Republic with typical capacity 4-10 MW. Total investment of nearly CZK 2.4 billion over 5 years. May extend to other EU countries. Projects focus on unused areas to increase Czech energy security.
• ib vogtcoreStrategic or Co-development Partner · 1 May 2021Joint venture to develop 500 MW of ground-mounted photovoltaic power plants in Czech Republic over 5 years. Looking for sites larger than 50 MW, covering all steps from land finding to ready-to-build stage.
• Tritium/IONITYminorImplementation/ SI/ Consulting Partner · 1 April 2021Servicing and upgrading of EV chargers as part of ongoing contracts for one of the charger suppliers for a major pan-European hypercharger network. Focus on Czech Republic, Germany and Poland.
• SENS (Iqony)minorStrategic or Co-development Partner · 1 January 2021Cooperation for development of solar projects in the Netherlands.
• Innlandet FornybarminorOthers · 1 January 2021Developer of the Kile project - the first PV project by Greenbuddies outside the EU, located in Norway at 868 meters above sea level.

Scale indicators14 records

Recent moves13 records

Expansion highlights6 records

Broad incumbents

• Encavis AG: German-listed solar and wind IPP with operating portfolio and PPA revenues across Europe; comparable on utility-scale solar IPP and PPA ownership, less so on EPC execution.
• Enel Green Power: Global renewables IPP and EPC developer (Enel Group) active across utility-scale solar, wind and BESS in Europe; operates at significantly larger scale than Greenbuddies but overlaps on utility-scale solar EPC and PPA ownership in the same geographies.
• RWE Renewables: European renewables developer/IPP with utility-scale solar and BESS pipeline across Germany, Netherlands and other EU markets where Greenbuddies competes; broader portfolio but overlapping in solar EPC and PPA ownership.
• Iberdrola Renovables Energía: Major European renewables developer and IPP with utility-scale solar, wind and BESS operations across multiple EU countries; broader portfolio but overlapping EPC and PPA ownership activities in markets where Greenbuddies operates.

Direct peers

• ib vogt: German-headquartered utility-scale solar EPC and developer with global project pipeline; formed a 500 MW ground-mounted PV JV with Greenbuddies in Czechia (2021) and operates in similar European utility-scale PV EPC markets.
• BayWa r.e. Global renewable energy developer, EPC and IPP with strong utility-scale solar PV and BESS operations across Europe; comparable end-to-end business model spanning project development, EPC, PPA ownership and O&M.
• Solarpack: Spanish utility-scale solar developer and EPC with European project pipeline; comparable size and target geographies (Czechia, Western Europe) for ground-mounted PV and PPA-based C&I projects.
• Solaria Energía y Medio Ambiente: Spanish solar PV developer and EPC with European operations; comparable utility-scale ground-mounted and rooftop PV focus, with growing BESS and PPA activities overlapping Greenbuddies' offerings.

Regional players

• Statkraft: Norwegian state-owned renewables developer and major PPA off-taker active across Northern Europe; relevant peer on PPA structures and Nordic/Northern European solar expansion where Greenbuddies entered in 2026.

Emerging players

• CVE (Centrale Village d'Energies): French independent renewable energy producer developing distributed solar, storage and PPA projects across Europe; comparable on PPA-based C&I solar delivery and growing BESS aggregation activities overlapping with Greenbuddies' European footprint.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greenbuddies-sro

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries6 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 Greenbuddies, s.r.o.