Renewable Energy & Solar Project Software
The buyer population — Other electric power generation
Base industry report for 221119 →- Establishments · CanadaA
- 233
- Under 10 employeesA
- 73%
Of 233 Canadian establishments with employees, 73% have fewer than ten — mostly small operators. Each of those is one potential account, before any filter for size or fit.
Entry signal — what decides who wins here
One thing must be trueEntry turns on a single condition that can be named and tested before much is spent. Clear it and this becomes an execution question; fail it and no amount of operating skill helps.
Displace an incumbent the screen found well defended — payments attached to the workflow, data that does not leave, a contract that renews itself. Share here means giving a buyer a reason to break something that currently works, which is a higher bar than being better.
Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.
This is not a probability of success, and it is not a verdict on you. No survival probability is published per market, and inventing one would be worse than saying so. What the bar reads is how much of the outcome sits inside an operator's control: green means the hurdles are ones a better operator clears, red means the binding constraint is capital, an asset or a permission rather than execution. Someone arriving with an advantage this screen did not assume can win a market shown in red.
Companies named in this market · 17
The binding constraint — incumbent vulnerability
Renewable-project software is not one market but four layers, and every layer already has a funded owner. The customer is the solar, wind and storage developer or independent power producer (this NAICS); the residential and commercial design layer also sells to solar installers, who sit in 238220/238210. Installer design and proposal is owned by Aurora Solar. Aurora raised a $250M Series C led by Coatue in May 2021 at a $2B valuation and a $200M Series D co-led by Coatue and Energize Ventures in February 2022 — more than $520M in total [B: Canary Media; Aurora's own release] — and bought HelioScope's developer Folsom Labs for the commercial tier in 2021 [B]. The challenge comes from two directions a newcomer cannot copy cheaply: OpenSolar gives the software away (free to installers, earning from finance and partners; US$20M from Titanium Ventures and Google in October 2025, 28,000+ pros claimed) [B; C], and Enphase owns Solargraf, using it to pull installers toward its hardware [B]. Enerflo sits beside them as the sales-and-install operating system for residential solar sales organisations [C]. Utility-scale design has consolidated. PVcase took a $100M Series B in 2023 (Highland Europe, Energize) [B]; RatedPower went to Enverus in 2022 [B]; Terabase raised $130M led by SoftBank in March 2025 ($200M total) to tie design (PlantPredict) to construction software and robotic assembly [B]. Operations and asset management is the most locked-in layer and the most concentrated. Power Factors has been Vista-owned since 2021, rolled up Greenbyte and 3megawatt, and says it now covers 310 GW; Mubadala bought a minority stake in May 2026 [B]. Raptor Maps ($35M Series C, December 2024) owns drone inspection and the solar digital twin [B], with Zeitview and SenseHawk alongside. Development, diligence and finance workflow is the open layer — and it is filling. Euclid raised a $20M Series A led by Venrock in September 2025 and claims 12 GW onboarded [B; C]; Odyssey raised $74M of equity and debt in September 2026 for emerging-market distributed solar, where it is the platform Nigeria's DARES programme mandates [B]; Paces sells siting and permitting data; Frigg matches small projects with investors on grant-stage funding [C]. Incumbent vulnerability decides it. The installer tier has a $520M-funded leader under price attack from a free product and a hardware maker; utility-scale design and asset management are owned by a SoftBank-, Highland- and Vista-backed set; and the development-workflow gap that looked open in 2023 now has Venrock and development-finance money in it. Market size and vendor revenue UNVERIFIED — every vendor is private or inside a parent. How this differs from its neighbours: 221121 (grid interconnection and large-load power) is queue and site intelligence sold to data-centre and large-load developers, where Enverus/Pearl Street lead; 2211 covers utility metering, billing and customer systems; the 541620 records cover carbon, ESG and efficiency reporting. This record is the project software that designs, sells, builds, finances and operates the generating asset itself.
Sectors joined: Cleantech · ClimaTech · Energy · Renewable Energy · Energy Storage · Energy AI
[UNVERIFIED] Sector-to-NAICS mapping is analyst judgment — see data/angel-sector-map.json. Counts are a per-record cross-reference and are not additive across records.
The incumbent
Who owns this market and who is coming for it. Fields a screen never reached say so rather than guessing.
The field
Every vendor named on this record, and what each one discloses. Most disclose nothing, which is why the market is not sized.
Competitor set · 13 named · 0 disclose revenue
| Name | Revenue | Share | Note |
|---|---|---|---|
| Aurora SolarB | not disclosed | — | Private, San Francisco. $250M Series C led by Coatue, May 2021, at a $2B valuation, bringing the total past $320M [B: Canary Media]; $200M Series D co-led by Coatue and Energize Ventures, 28 February 2022, with Fifth Wall, ICONIQ, Lux Capital and Emerson Collective [B: own release]. About $4B valuation reported, not in the release. Claimed 7.5M+ projects designed and 5,000+ solar organisations (2022) [C] |
| HelioScopeB | not disclosed | — | Commercial-solar design tool from Folsom Labs, acquired by Aurora Solar August 2021 [B: Mercom]; still sold under its own name at helioscope.aurorasolar.com |
| OpenSolarB | not disclosed | — | Private; Sydney-founded 2017, release datelined San Francisco. Software is free to installers and earns from finance and partner integrations. US$20M equity, 2 October 2025, from Titanium Ventures, Google and the 2150 fund [B: own release]; totals of $36–45M+ appear only on aggregators. Claims 28,000+ pros in 185+ countries [C] |
| SolargrafB | not disclosed | — | Montreal-built design, proposal and permitting tool; Enphase Energy (Nasdaq: ENPH) bought its developer Sofdesk in January 2021 [B: Mercom/pv-tech; C: Solargraf's own page]. Says it stays product-agnostic |
| EnerfloC | not disclosed | — | Private; residential-solar sales, install-tracking and partner OS for installers, EPCs and sales organisations [C, homepage]. No round opened in a primary source; a ~$7M aggregator figure not used |
| PVcaseB | not disclosed | — | Private, Lithuania-founded. $100M Series B, July 2023, with Highland Europe, Energize and Elephant [B: Cobalt deal note]. Utility-scale PV layout on AutoCAD plus site selection; bought Anderson Optimization (2023) [search summary] |
| RatedPowerB | not disclosed | — | Madrid; founded 2017; sold to Enverus 14 September 2022, terms undisclosed, after one €5.3M round led by Seaya (October 2021); 1,400 users at sale [B: Seaya release]. Now branded Enverus RatedPower for PV and BESS design [C] |
| TerabaseB | not disclosed | — | Private. $130M round led by SoftBank, March 2025, bringing total funding to $200M; Breakthrough Energy Ventures, Fifth Wall, SJF and EDP Ventures are existing investors [B: Reuters via ESG Post]. Sells PlantPredict design, Construct construction software, SCADA and Terafab robotic assembly; claims 25 GW on Construct [C] |
| EuclidB | not disclosed | — | Private. $20M Series A led by Venrock, September 2025, with HSBC Asset Management, Spero, Toba, Designer Fund and Commonweal [B: Pulse 2.0; Business Wire returned 403]. Development, diligence and asset-management workflow; claims 1,000+ US solar and storage projects and 12 GW onboarded [C] |
| Odyssey Energy SolutionsB | not disclosed | — | Boulder. $74M ($27M equity from Broadscale, FMO and Al Mada Ventures; $47M debt from BII, BIO and others), September 2026; $94M total including a $15M Series A in 2023 [B: Launch Base Africa]. Finance, procurement and monitoring for distributed and mini-grid developers, mainly emerging markets; the platform Nigeria's DARES programme requires |
| FriggC | not disclosed | — | Small Swiss platform matching 0.5–50 MW renewable projects with investors: documentation, benchmarking, a project marketplace and reporting [C, homepage]. Only grants and a pre-seed on aggregators; no round confirmed |
| Power FactorsB | not disclosed | — | Owned by Vista Equity Partners since 2021 (bought from Oaktree; 110 GW then, 200+ utility-scale owners) [B: own release]; bought Greenbyte and 3megawatt in 2021. Mubadala took a minority stake, May 2026, terms undisclosed; platform now covers 310 GW [B: Alternatives Watch] |
| Raptor MapsB | not disclosed | — | Private, Somerville MA. $35M Series C led by Maverix Private Equity, 10 December 2024, with MKB, Blue Bear, Congruent, Buoyant and Y Combinator [B: own release]. Drone-thermography digital twin and O&M workflow for solar owners |
Nobody here publishes revenue. The market is not sized for that reason — an estimate built on nothing would only look like knowledge.
Startups & challengers
Newer and smaller vendors going at the incumbent — funded challengers first. Named, not researched to the depth of the field above; a company with a page here links to it.
| Company | Stage | What it does | Raised |
|---|---|---|---|
| Anza | Funded challenger | Solar and BESS equipment data and procurement platform; spun out of Borrego 2023 with an ECP-led consortium (terms undisclosed) | — |
| SenseHawk | Funded challenger | GIS, digital-twin and inspection software for utility-scale solar and wind owners, EPCs and O&M teams | — |
| Zeitview | Funded challenger | Drone inspections and AI asset intelligence for solar and other infrastructure; overlaps Raptor Maps | — |
| Paces | Startup | Siting, permitting and interconnection data for clean-energy developers; funding not confirmed in a primary source | — |
Evidence
Evidence. Funding and deals were read in the announcing coverage on 2026-10-10: Aurora's Series C in Canary Media (25 May 2021: $250M, Coatue lead, $2B, total over $320M) [B] and its Series D on Aurora's own PR Newswire release (28 February 2022: $200M co-led by Coatue and Energize) [B]; the Folsom Labs/HelioScope purchase on Mercom's Aurora tag page (16 August 2021) [B]; OpenSolar's US$20M on its own release (2 October 2025) [B]; Enphase's Sofdesk/Solargraf purchase on Solargraf's own page [C] with Mercom and pv-tech in search results [B]; PVcase's $100M Series B in Cobalt's deal note (18 July 2023) [B]; RatedPower's sale to Enverus and the €5.3M Seaya round on Seaya's release (14 September 2022) [B]; Terabase's $130M and $200M total in ESG Post's Reuters-sourced story (14 March 2025) [B]; Euclid's $20M Series A on Pulse 2.0 (September 2025; the Business Wire original returned 403) [B]; Odyssey's $74M on Launch Base Africa (3 September 2026) [B]; Power Factors' Greenbyte deal on pv magazine USA (15 April 2021), its Vista sale on its own news page (27 July 2021) and Mubadala's minority stake on Alternatives Watch (6 May 2026) [B]; Raptor Maps' $35M Series C on its own release (10 December 2024) [B]; Anza's 2023 separation on its own release [B]. Every user, GW and project count — Aurora 7.5M projects, OpenSolar 28,000+ pros, Euclid 12 GW, Terabase 25 GW, Power Factors 310 GW — is the vendor's own claim [C]. NOT used: aggregator totals (Aurora ~$523M and $4B valuation; OpenSolar $36–45M; PVcase $122–123M; Enerflo ~$7M; Frigg grants), Paces's $11M Series A (search result only; the CREtech link redirected to an index page), and anything from TechCrunch or Renewable Energy World, whose robots bar this crawler. sifted.eu and Business Wire returned 403. Market size and vendor revenue UNVERIFIED — no vendor here publishes revenue, so no revenue floor is built.
Where the industry talks
The associations, forums and events where people in this trade actually talk shop — where to listen before entering, and where the first customers are found. Each link was opened on the date shown.
National association for wind, solar and energy storage in Canada; home page promotes its Electricity Transformation Canada 2026 conference. No member count on the home page
North American Board of Certified Energy Practitioners — certification body for solar and storage installers and designers
Describes itself as the largest clean energy event in North America — solar, storage, hydrogen, wind, microgrids and EVs; where most vendors here exhibit
Solar trade fair at Messe München; next edition June 8–10, 2027 with its conference June 7–8, 2027
Nonprofit newsroom covering the clean energy transition, including solar software funding
SEIA, American Clean Power, pv magazine and Solar Power World returned Cloudflare/403 to automated fetches and are not listed; Renewable Energy World bars this crawler in robots.txt.
The businesses it sells to
Operating-business records filed along the same branch of NAICS — the customers of this software, screened as businesses in their own right.
No operating-business record has been written along this branch yet. The base industry report says what the subsector typically runs on.