About ISun Energy
ISun Energy is a publicly listed company based in Montreal (Canada) founded in 1988, and was acquired by Original Clean Energy in September 2024. Smart solar canopies and carports are provided by ISun Energy. ISun Energy has completed 2 acquisitions, including Oakwood Construction Services and SunCommon. Its Indian entity Isun Solar Private Limited reported revenue of ₹23.51 Cr. ISun Energy offers products and services including Solar EPC Services, EV Hardware and Software, and Operations and Management Services. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Smart Solar Generators.
Company details
ISun Energy was founded in 1988 in Montreal, Canada, within the renewable energy sector. Smart solar canopies and carports are offered, including the Oasis canopy and Palm carport models. Features such as smart lighting, electric vehicle charging stations, and curved solar panels are incorporated. The iSun mobile app is provided for monitoring energy production, consumption, carbon savings, and charger operations across installations.
- Headquarters Montreal, Canada
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website isunenergy.com
- Social LinkedIn X Facebook
- Acquired by The Peck Company (Jan 2021)
- Legal Name Isun Inc
- Indian entity revenue₹23.51 Cr
FY 2024 · -12% YoY
- Indian entity net profit₹7.4 Lakh
FY 2024 · 0% margin
- Indian entity EBITDA₹30.7 Lakh
FY 2024 · 1% margin
- Latest Funding Round$50K (USD), Post-IPO
May 2024
- InvestorsPeck Company
& 2 more
- Investments & AcquisitionsOakwood Construction Services
& 1 more
- Acquired by
Associated legal entities of ISun Energy
ISun Energy operates through Isun Solar Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Isun Solar Private Limited CIN U29100GJ2016PTC093826 | Active | 21 Sep 2016 | Rajkot, Gujarat | ₹23.5 Cr | 3 | View details |
Products & Services of ISun Energy
ISun Energy offers a comprehensive portfolio of products and services, including Solar EPC Services, EV Hardware and Software, and Operations and Management Services.
Design, development, and construction of solar projects for clean energy.
Proprietary solutions for transitioning to electric vehicles efficiently.
Comprehensive construction and management for energy projects.
Funding Insights of ISun Energy
- Total Rounds 4
- Last Round Post-IPO — $50,000
- First Round $30M
(Oct 2021)
- Investors Count 1
All 4 funding rounds of ISun Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $50,000 | Post-IPO | – | – | – |
| Dec 2023 | $3M | Post-IPO | – | – | – |
| Nov 2022 | $12.5M | Post-IPO | – | – | – |
| Oct 2021 | $30M | Post-IPO | – | – |
3 investors in total: 3 institutional.
Investors in ISun Energy
ISun Energy has secured backing from 3 investors. Prominent investors backing the company include Peck Company, Original Clean Energy and Fusion Renewables LLC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| fusionrenewables.com | ||||
Solar installation services are provided for renewable energy needs. | 1972 | peckcompany.com | Burlington, United States | |
Invests in cleaner energy infrastructure and technology for sustainable returns. | 2024 | originalcleanenergy.com | Williston, United States |
Investor details for ISun Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Isun Solar Private Limited (ISun Energy)
Isun Solar Private Limited is the primary company behind ISun Energy. The board of Isun Solar Private Limited currently have 3 directors; the longest-serving is Prakashbhai Vitthalbhai Harkhani, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakashbhai Vitthalbhai Harkhani DIN 07572259 | Director | 21 Sep 2016 | 10 yrs 1 mo | Isun Solar Private Limited |
| Akash Joshi DIN 08219521 | Director | 08 Sep 2018 | 8 yrs 1 mo | Isun Solar Private Limited |
| Ketankumar Harjibhai Gondaliya DIN 08871885 | Director | 09 Sep 2020 | 6 yrs 1 mo | Isun Solar Private Limited |
People of ISun Energy
9 people are tracked at ISun Energy (4 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Patrick Corcoran | Commercial Project Sales & Development Director | Leadership |
Shannon Lapierre | Director Of HR | Leadership |
James Moore | Isun Residential And Light Commercial Division President | Leadership |
Jeffrey Peck | Chief Executive Officer | Leadership |
Cole st. Francis | Senior Accountant | Team |
Frederick Myrick | Executive Vice Presidet | Team |
Christopher Renner | Corporate Controller | Team |
Rachel Branco | Accounts Receivable Specialist | Team |
H. Kenneth Merritt | Corporate Secretary | Team |
Complete people profiles for ISun Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of ISun Energy
ISun Energy is a publicly listed company on the OTC with ticker symbol ISUNQ in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date30 Sep 2020
- Listed onFRA: 4U1A
- Listed entityISUN INC
- Exchange sectorIndustrial services
- ISINUS4652461066
- Share price$0.00 · 2026-10-12
- Market capitalisation$47.00
- Volume (last session)185
Financials of ISun Energy
Figures of Isun Solar Private Limited, the primary company behind ISun Energy, for FY 2024. Revenue was ₹23.51 Cr (-12% year on year). Net profit was ₹7.4 Lakh (0% margin). EBITDA was ₹30.7 Lakh (1% margin). Revenue has grown at a compounded annual rate of +43% over three years and +77% over five years.
- ₹23.51 CrRevenue · FY 2024 · -12% YoY
- ₹7.4 LakhNet profit · 0% margin
- ₹30.7 LakhEBITDA · 1% margin
- ₹26.2 LakhPaid-up capital
- +43%Revenue CAGR, 3 years
- +77%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2023 | $95.7M | -$19.4M | -$5.0M |
| 2022 | $76.5M | -$53.8M | -$10.5M |
| 2021 | $45.3M | -$6.2M | -$9.6M |
| 2020 | $21.1M | -$980,060 | -$1.1M |
Balance sheet, profit and loss, cash flow and ratios of Isun Solar Private Limited are on its company page.
Detailed financial statements for ISun Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ISun Energy
ISun Energy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Oakwood Construction Services and SunCommon.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Residential and community solar installations are offered in Vermont. | suncommon.com | Waterbury Center, United States | 2012 | Sep 2021 | •••• | |
Developer of solar energy projects | oakwoodconstructionsvcs.com | United States | 2019 | Apr 2021 | •••• |
Complete acquisition details for ISun Energy
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of ISun Energy
8 dated milestones of ISun Energy across 36 years, from founding to its latest funding, stage changes and deals.
- Founded ISun Energy is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by The Peck Company.
- Acquisition Acquires Oakwood Construction Services.
- Acquisition Acquires SunCommon.
- Funding First funding round of $30.0M.
- Funding Latest funding round, Post-IPO, of $50K.
- Exit Acquired by Original Clean Energy.
Web traffic of ISun Energy
Websites that share an audience with ISun Energy (isunenergy.com).
Websites whose visitors overlap most with ISun Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
renewable-energy-industry.com | renewable-energy-industry.com | 100% | #826,540 | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Isun Energy
Complete news archive for ISun Energy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about ISun Energy
ISun Energy was founded in 1988 and raised its 1st funding round 33 years after it was founded.
ISun Energy is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
The primary company behind ISun Energy, Isun Solar Private Limited, reported revenue of ₹23.51 Cr for FY 2024, down 12% year on year.
ISun Energy was founded in 1988 in Montreal, Canada, within the renewable energy sector. Smart solar canopies and carports are offered, including the Oasis canopy and Palm carport models. Features such as smart lighting, electric vehicle charging stations, and curved solar panels are incorporated. The iSun mobile app is provided for monitoring energy production, consumption, carbon savings, and charger operations across installations.
ISun Energy offers Solar EPC Services, EV Hardware and Software, and Operations and Management Services.
Yes, ISun Energy is publicly traded on OTC under the ticker symbol ISUNQ.
ISun Energy has made 2 acquisitions, including Oakwood Construction Services, and SunCommon.
ISun Energy has 3 investors. Key investors include Peck Company, Original Clean Energy, and Fusion Renewables LLC.
ISun Energy operates through Isun Solar Private Limited.
Yes. ISun Energy was acquired by The Peck Company in January 2021.
The legal entities of ISun Energy currently have 3 directors, including Ketankumar Harjibhai Gondaliya, Prakashbhai Vitthalbhai Harkhani, Akash Joshi.