Solar Direct

Sarasota, United States Founded: 1986 • Age: 40 yrs Acquired By SinglePoint
Turnkey solar system design and installation services are provided.

About Solar Direct

Solar Direct is an Energy & Utilities company based in Sarasota (United States) founded in 1986, and was acquired by SinglePoint in February 2019. Turnkey solar system design and installation services are provided. The company has 62 employees. Its website solardirect.com draws about 12 thousand monthly visits. Its Indian entity Engie Energy India Private Limited reported revenue of β‚Ή76.61 Cr. Solar Direct offers products and services including Solar Electric Systems, Solar Pool Heating, Solar Water Heaters, and Solar Battery Storage. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Dominion Energy, Enel X and EDF Renewable Energy; 1 of its 3 listed competitors has raised funding.

Company details

Solar Direct offers turnkey services in the solar energy sector. Specializes in solar electric systems, solar water heating systems, solar pool heaters, and others. Services include design, installation, construction, commissioning, engineering, servicing, maintenance and others. Projects include a 49kW commercial system, a 4.8kW ground-mounted system and others. NABCEP certified installer. Also offers solar products online.

  • Headquarters Sarasota, United States
  • Employees 62
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website solardirect.com
  • Social LinkedIn X
  • Acquired by SinglePoint (Feb 2019)
  • Legal Name Engie Energy India Private Limited
  • Date of Incorporation 04 Jun, 2010
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹76.61 Cr

    FY 2025 · +20% YoY

  • Indian entity net loss
    -₹113 Cr

    FY 2025 · -148% margin

  • Indian entity EBITDA
    ₹7.64 Cr

    FY 2025 · 10% margin

  • Investors
  • Employee Count
    62
  • Acquired by
    SinglePoint

    (Feb 2019)

Products & Services of Solar Direct

Solar Direct offers a comprehensive portfolio of products and services, including Solar Electric Systems, Solar Pool Heating, Solar Water Heaters, and Solar Battery Storage.

Solar Electric Systems
Solar Installation

Systems for generating electricity from solar panels

Solar Pool Heating
Solar Heating

Solutions for heating pools using solar energy

Solar Water Heaters
Solar Heating

Devices for heating water with solar power

Solar Battery Storage
Energy Storage

Batteries to store solar-generated energy for later use

Investors in Solar Direct

Solar Direct has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SinglePoint.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Mobile payment and marketing solutions are delivered to businesses.
2011singlepoint.comPhoenix, United States
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Investor details for Solar Direct

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Board of directors of Engie Energy India Private Limited (Solar Direct)

Engie Energy India Private Limited is the primary company behind Solar Direct. The board of Engie Energy India Private Limited currently have 2 directors; the longest-serving is Amit Jain, appointed in 2018. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amit Jain
DIN 00028335
Whole-time director27 Aug 20188 yrs 2 moEngie Energy India Private Limited
Bhushan Pratap Kothari
DIN 10555233
Whole-time director03 Jun 20242 yrs 5 moEngie Energy India Private Limited

Financials of Solar Direct

Figures of Engie Energy India Private Limited, the primary company behind Solar Direct, for FY 2025. Revenue was ₹76.61 Cr (+20% year on year). Net loss was -₹113 Cr (-148% margin). EBITDA was ₹7.64 Cr (10% margin). Revenue has grown at a compounded annual rate of -42% over three years and -31% over five years.

  • ₹76.61 CrRevenue · FY 2025 · +20% YoY
  • -₹113 CrNet loss · -148% margin
  • ₹7.64 CrEBITDA · 10% margin
  • ₹673 CrPaid-up capital
  • 62Employees (provident fund records)
  • -42%Revenue CAGR, 3 years
  • -31%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Engie Energy India Private Limited are on its company page.

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Detailed financial statements for Solar Direct

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Timeline of Solar Direct

2 dated milestones of Solar Direct across 33 years, from founding to its latest funding, stage changes and deals.

  1. Founded Solar Direct is founded.
  2. Exit Acquired by SinglePoint.

Competitors of Solar Direct

Solar Direct has 3 listed competitors in our database, 1 of them funded. They include Dominion Energy, Enel X and EDF Renewable Energy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dominionenergy.com1983United States17,700
Energy production and transportation are conducted by Dominion Energy.
enelx.com2001Boston, United States$168M513
Utility-scale renewable energy projects are developed by Enel X.
edf-re.com1987San Diego, United States997
Solar and wind energy projects are developed and operated.
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Detailed competitors of Solar Direct

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Web traffic of Solar Direct

The website of Solar Direct (solardirect.com) receives about 11.6K visits a month.

  • Monthly visits
    11.6K

    ▲ 1.8% vs previous month

Similar websites

Websites whose visitors overlap most with Solar Direct. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
chilipepperapp.com
chilipepperapp.com
100%
–
poolsupplyunlimited.com
poolsupplyunlimited.com
99%
#434,949–
hydropool.com
hydropool.com
99%
#2,065,502–
jupiterheating.com
jupiterheating.com
99%
#2,199,300–
poolzoom.com
95%
53.2K#468,755View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 23 similar websites and full traffic analytics for Solar Direct

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  • Audience overlap
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Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Solar Direct (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168.67 M
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Related news about Solar Direct

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Frequently Asked Questions about Solar Direct

Solar Direct was founded in 1986.

Solar Direct is headquartered in Sarasota, United States. It is registered at Sarasota, Florida, United States.

Solar Direct has 62 employees.

The primary company behind Solar Direct, Engie Energy India Private Limited, reported revenue of β‚Ή76.61 Cr for FY 2025, up 20% year on year.

Solar Direct offers turnkey services in the solar energy sector. Specializes in solar electric systems, solar water heating systems, solar pool heaters, and others. Services include design, installation, construction, commissioning, engineering, servicing, maintenance and others. Projects include a 49kW commercial system, a 4.8kW ground-mounted system and others. NABCEP certified installer. Also offers solar products online.

Solar Direct's top competitors include Enel X, Dominion Energy and EDF Renewable Energy.

Solar Direct offers Solar Electric Systems, Solar Pool Heating, Solar Water Heaters, and Solar Battery Storage.

Solar Direct has 1 investor. Key investors include SinglePoint.

Solar Direct operates through Engie Energy India Private Limited.

Yes. Solar Direct was acquired by SinglePoint in February 2019.

The legal entities of Solar Direct currently have 3 directors, including Bhushan Pratap Kothari, Tarun Kalyani, Amit Jain.

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