prometheus power group

Name

prometheus power group

Legal name

Prometheus Power Group, Inc.

Website

https://prometheuspowergroup.com

Company type

Private

Founded year

2014

Operating status

Operating

Ownership category

akta.pro rank

Product category

Solar Energy Project Development

NAICS

Solar Electric Power Generation (221114)

SIC

Electric Services (4911)

akta.pro primary industry

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Solar project development
• Commercial solar PPA
• Ground-mount solar installation
• Solar financing solutions
• Utility-scale solar development

Headquarters

HQ city

Not specified

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Power Purchase Agreements (PPAs): Prometheus Power Group offers PPAs to commercial and municipal partners, allowing them to pay for solar-generated electricity at predetermined rates without upfront capital outlay. The company retains ownership of the system while customers pay for the electricity produced.
2. Site Lease Payments: Revenue generated from leasing landowner properties for solar installations. Landowners receive rental income while PPG develops and operates the solar project on their land.
3. Solar Project Development Services: Turnkey solar project development services including project feasibility analysis, structuring, development, and construction management for commercial, municipal, and independent power producer clients.
4. Development Capital Investment: PPG invests development capital to move projects along for financiers, with the ability to structure projects and minimize project risk for investors and independent power producers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Prometheus Power Group is a renewable development company that develops solar energy projects and structures land leases for landowners and commercial organizations. The company delivers turnkey solar project execution from feasibility analysis and engineering through financing, construction management, and asset delivery, offering ground-mount and rooftop PV systems, battery storage, EV charging, solar car ports and pergolas, and multiple financing options including PPAs, leases, loans, and PACE.

Product overview

Prometheus Power Group is a renewable energy development company offering a comprehensive suite of solar products and services. The company's offerings include ground-mount and rooftop solar installations, solar financing options (cash purchase, loans, leases, PPAs), and specialized solutions like EV charging, solar car ports, and battery storage. They serve multiple segments including residential homeowners, commercial/municipal organizations, landowners, and independent power producers. The company provides turnkey solar project execution from feasibility analysis through construction and asset delivery, with projects ranging from residential systems to utility-scale installations up to 70 MW with battery storage.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Lock in electricity rates 10-30% below current utility rates through solar PPAs for 25-year contract periods
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Broad incumbents

• Sunrun: Largest U.S. residential solar installer/developer with national footprint and standardized PPA/lease offerings — broader incumbent with overlapping residential PPA/lease capabilities but focused on residential segment rather than utility-scale development.
• SunPower: Residential and commercial solar installer and equipment manufacturer with national reach — broader incumbent offering similar customer financing structures and equipment-installation capabilities.
• Tesla Energy: Tesla's solar and storage business offering residential and commercial solar + Powerwall — broad incumbent competing in residential PPA/solar with vertically integrated equipment manufacturing and storage capabilities.

Direct peers

• ForeFront Power: Commercial solar developer specializing in PPAs and developer services for schools, municipalities, and commercial customers (now owned by ENGIE) — directly comparable customer mix and PPA-retained-ownership model.
• Trinity Solar: Regional residential solar installer with strong PPA/lease offering across multiple U.S. states — comparable sales-led GTM, residential-customer focus, and third-party ownership model.
• Namaste Solar: Regional residential and commercial solar installer/developer offering cash, loan, lease, and PPA financing — directly comparable diversified customer base and financing structure to PPG's residential and commercial segments.
• Pivot Energy: Community and commercial solar developer with project development, financing, and PPA ownership model — comparable mid-sized developer focused on distributed generation with similar land/rooftop sourcing and developer-services offering.
• Momentum Solar: Regional residential solar installer operating in multiple U.S. states with cash, loan, lease, and PPA financing — comparable mid-sized competitor in residential segment with similar direct-sales GTM.
• Renu Energy: Regional residential and commercial solar developer offering PPA, lease, and cash purchase structures — comparable mid-sized regional player with similar diversified financing model.
• Borrego Solar: Commercial and utility-scale solar EPC and developer offering turnkey project development, PPA structures, and O&M services — directly comparable to PPG's commercial/municipal and IPP go-to-market with similar utility-scale capability and ownership-retention model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/prometheus-power-group-llc

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 prometheus power group