About SolTech Energy
SolTech Energy is a company based in Stockholm (Sweden) founded in 2006 was acquired by EIG Venture Capital in January 2007.. SolTech Energy has completed 6 acquisitions, including 365zon, ESSA Glas & Aluminum and Kalema E-Mobility AB. SolTech Energy offers products and services including Soltech Home, Solar Cell Installations, and Energy Storage Solutions. SolTech Energy operates in a competitive market with competitors including Exeger, Trina Solar, Ambient Photonics, First Solar and Q-Cells, among others.
- Headquarter Stockholm, Sweden
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Soltech Energy S.R.O.
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Annual Revenue
$227.62 M (USD)-17as on Dec 31, 2024
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Net Profit
$-26.31 M (USD)-68as on Dec 31, 2024
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EBITDA
$-27.08 M (USD)-78as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
365zon
& 5 more
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Acquired by
EIG Venture Capital
(Jan 01, 2007)
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Products & Services of SolTech Energy
SolTech Energy offers a comprehensive portfolio of products and services, including Soltech Home, Solar Cell Installations, and Energy Storage Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Integrated solar cells and energy management for residential use
Systems for businesses including storage and charging
Smart storage for optimizing solar energy use
Funding Insights of SolTech Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SolTech Energy
SolTech Energy has secured backing from 1 investor. Prominent investors backing the company include EIG Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SolTech Energy
SolTech Energy has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include 365zon, ESSA Glas & Aluminum and Kalema E-Mobility AB. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of solar panel installation services
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2020 | ||||
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Solar energy services are provided for residential and commercial sectors.
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2019 | ||||
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Solar panel installation services are provided in the Netherlands.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SolTech Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Soltech Energy Comparisons
Competitors of SolTech Energy
SolTech Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Exeger, Trina Solar, Ambient Photonics, First Solar and Q-Cells, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar cells are manufactured with proprietary dye-sensitized technology.
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| domain | founded_year | HQ Location |
Photovoltaic cells for PV and smart energy solutions are developed.
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| domain | founded_year | HQ Location |
Solar cells are supplied for powering connected IoT devices.
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| domain | founded_year | HQ Location |
Provider of cadmium telluride-based flexible solar modules
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| domain | founded_year | HQ Location |
Manufactures and sells solar modules for eco-friendly power generation globally.
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| domain | founded_year | HQ Location |
Perovskite-based solar cells are provided for BIPV applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Soltech Energy
Frequently Asked Questions about SolTech Energy
When was SolTech Energy founded?
SolTech Energy was founded in 2006.
Where is SolTech Energy located?
SolTech Energy is headquartered in Stockholm, Sweden.
What is the annual revenue of SolTech Energy?
Annual revenue of SolTech Energy is $227.62M as on Dec 31, 2024.
What does SolTech Energy do?
SolTech Energy was founded in 2006 in Stockholm, Sweden, and operates within the solar energy sector. Building-integrated photovoltaic products, such as roof tiles and thin solar cells for walls or windows, are developed to generate power for residential and commercial buildings. Market entry into China has been achieved through a joint venture with Advanced Solar Power.
Who are the top competitors of SolTech Energy?
SolTech Energy's top competitors include First Solar, Trina Solar and Oxford Photovoltaics.
What products or services does SolTech Energy offer?
SolTech Energy offers Soltech Home, Solar Cell Installations, and Energy Storage Solutions.
How many acquisitions has SolTech Energy made?
SolTech Energy has made 6 acquisitions, including 365zon, ESSA Glas & Aluminum, and Kalema E-Mobility AB.
Who are SolTech Energy's investors?
SolTech Energy has 1 investor. Key investors include EIG Venture Capital.