Innolec Pty Ltd
- Company typePrivate
- Founded2011
- HeadquartersBrisbane, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
Innolec Pty Ltd firmographics
Firmographics- Name
- Innolec Pty Ltd
- Legal name
- Innolec Pty Ltd
- Website
- https://innolec.com.au
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Innolec Pty Ltd industry classification
Industry- Product category
- Commercial Solar Installation Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- 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), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)
Keywords
Where Innolec Pty Ltd is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Innolec Pty Ltd business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar Leasing: Innolec provides solar installations at zero upfront cost to property owners. The company handles all installation costs and generates revenue through leasing arrangements with commercial property owners and their tenants. Tenants benefit from immediate savings on energy bills.
- Commercial Solar Installation Services: Full-service professional installation, monitoring, and ongoing maintenance included as part of the service offering. Revenue generated from solar leasing contracts and associated service fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Zero upfront cost commercial solar solution |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Innolec Pty Ltd product offering
Product offeringCore offering
Innolec designs, supplies, and installs commercial solar photovoltaic systems, off-grid solar systems, and battery storage solutions for Australian commercial properties, businesses, government facilities, and remote agricultural operations. Its flagship "Rooftop to Revenue" solar leasing program allows commercial property owners to deploy solar on their rooftops with zero upfront capital outlay, capturing revenue from previously unused rooftop space while delivering immediate energy bill savings (up to 30%) to their tenants.
Product overview
Innolec is a commercial solar and electrical contracting company offering a portfolio of interconnected solar energy solutions. The core offering centers on Commercial Solar installations (design, supply, and installation) combined with Solar Leasing (the Rooftop to Revenue program) to enable zero-upfront-cost deployments for commercial properties. Battery Storage is offered as a complementary capability to maximize energy savings and resilience, while Off-Grid Solar addresses remote power needs. Together, these products form a unified suite covering the full spectrum from grid-tied commercial installations to standalone remote systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Solar
Quantifiable outcome
- Up to 30% reduction in tenant energy bills
- +3 more outcomes
Companies that use Innolec Pty Ltd
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles3 records
Innolec Pty Ltd technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Innolec Pty Ltd partnerships and signals
Strategic signalScale indicators6 records
Innolec Pty Ltd competitors and assessment
Company assessmentBroad incumbents
- Tesla Energy: Global provider of solar panels, Powerwall, and commercial-scale battery systems (Megapack) serving C&I customers including in Australia. Comparable commercial solar + battery storage product surface, but at vastly greater scale and brand.
- SunPower (Maxeon): Global residential and commercial solar panel and systems provider with operations across multiple markets. Comparable in solar product and commercial channel, though typically more residential-skewed than Innolec.
- AGL Energy: Major Australian energy retailer and generator with growing investment in distributed commercial solar and battery storage. Competes for the same C&I customer wallet while also serving residential and utility-scale segments.
- EnergyAustralia: Large Australian energy retailer offering commercial solar and battery solutions as part of a broader energy portfolio. Comparable C&I audience but a much wider product set and corporate scale.
- Origin Energy (including Origin Zero): One of Australia's largest energy retailers with a commercial solar and behind-the-meter renewables business (Origin Zero). Overlaps with Innolec's C&I customer base but at materially greater scale and balance-sheet capacity.
Direct peers
- Natural Solar: Australian commercial and industrial solar provider historically known for zero-upfront-cost solar leasing models for businesses. Direct competitor with a nearly identical go-to-market of funded, subscription-style commercial rooftop solar.
- ShineHub: Australian C&I solar and battery leasing platform offering no-upfront-cost commercial rooftop solar with a subscription model. Closely comparable to Innolec's Rooftop to Revenue program in customer profile and financing structure.
- Reposit Power: Australian behind-the-meter solar and battery provider targeting commercial customers with subscription-style offerings. Comparable technology stack (solar + storage) and similar C&I focus, though with greater software/controls orientation.
Others
- Enphase Energy: Global supplier of solar microinverters and battery systems underpinning many commercial and residential solar deployments. Adjacent enabling technology provider whose products are commonly integrated by commercial solar installers like Innolec.
Regional players
- Flow Power: Australian commercial-focused electricity retailer and solar developer offering behind-the-meter solar and PPA-style structures to C&I customers. Comparable Australian regional market, customer type, and project finance orientation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Innolec Pty Ltd social profiles
Digital presenceInnolec Pty Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
Innolec Pty Ltd leadership team
Management profileNumber of profiles
Profiles1 record
Innolec Pty Ltd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Innolec Pty Ltd 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 Innolec Pty Ltd
What does Innolec Pty Ltd do?
Innolec designs, supplies, and installs commercial solar photovoltaic systems, off-grid solar systems, and battery storage solutions for Australian commercial properties, businesses, government facilities, and remote agricultural operations. Its flagship "Rooftop to Revenue" solar leasing program allows commercial property owners to deploy solar on their rooftops with zero upfront capital outlay, capturing revenue from previously unused rooftop space while delivering immediate energy bill savings (up to 30%) to their tenants.
Is Innolec Pty Ltd a public or private company?
Innolec Pty Ltd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Innolec Pty Ltd founded?
Innolec Pty Ltd was founded in 2011. It employs 1 to 10 people.
Where is Innolec Pty Ltd based?
Innolec Pty Ltd is headquartered in Brisbane, Australia, in the Oceania region.
How does Innolec Pty Ltd make money?
Two revenue lines are on record. Solar Leasing is the primary driver. The others are commercial Solar Installation Services.
Who are Innolec Pty Ltd's main competitors?
Broad incumbents on record are Tesla Energy, SunPower (Maxeon), AGL Energy, EnergyAustralia and Origin Energy (including Origin Zero). Direct peers are Natural Solar, ShineHub and Reposit Power. Enphase Energy is listed as an others. Flow Power is listed as a regional player.
Does Innolec Pty Ltd have an API?
No public API is recorded for Innolec Pty Ltd.
What industry is Innolec Pty Ltd in?
Innolec Pty Ltd's product category is Commercial Solar Installation Services. Its primary akta.pro industry code is EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization), with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114.