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Radar · Solar Energy in Finland

Best Solar Energy Companies in Finland

The 35 best Solar Energy companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Fortum.

35companies tracked
$115.9Mdisclosed funding
0unicorns
6have raised
FLIAR INTELLIGENCE · SOLAR ENERGY × FINLAND

Our analysis of 100 Solar Energy companies

$30.5b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

100companies analysed
83%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2013median founding year
175kcombined LinkedIn audience
84%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Solar Energy companies in Finland

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Fortum
Provider of clean energy solutions
$115M15 mo agoPublicMarkus Rauramo
CEO
1998Apple iCloud MailMicrosoft 365Node.js+1714 patents
Advanced boiler combustion control and oxygen-enriched combustion system technologies
—
2GreenEnergy Finland
Solar project developer
$1M124 mo agoPublic—2010PythonDjangoBootstrap+10——
3Macon
Provider of legal services focused on business-related issues and produce contracts
$64K40 mo agoFunding RaisedMikko Ahokas
Managing Director
2015WordPressMySQLPHP+23——
4Helen
Provider of electricity, district heating, and district cooling solutions
—23 mo agoFunding RaisedPekka Manninen
CEO
1909Optimizely Content ManagementApple iCloud MailMicrosoft 365+18——
5Taaleri Energia
Wind farms and solar plants development and investment company
—33 mo agoFunding RaisedKai Rintala
Managing Director
2016Concrete CMSPHPYouTube+14——
6Valoe
Manufacturer and supplier of solar modules equipments
—44 mo agoPublicIikka Savisalo
CEO & President
1978GoDaddy Website BuilderReactRequireJS+6——
7CoE Group
Company specializing in electrical, automation, and mechanical design services
—55 mo agoSeedSami Kivioja
CEO
2012WordPressMySQLPHP+24——
8Nefco
Provider of diversified SME loan services
—79 mo agoFunding Raised—1990WordPressMySQLPHP+27——
9Motiva
Provider of operation & maintenance services for solar and wind energy
—101 mo agoFunding RaisedElina Moisio
CEO & Managing Director
1993WordPressApple iCloud MailMicrosoft 365+28——

Top 12 Solar Energy companies in Finland

#1
Public · Espoo, Uusimaa · founded 1998 · 8785 employees
$114.8Mraised
▾

Provider of clean energy solutions. The company offers electricity generation and heat production, electricity retail sales, district heating and cooling, and services for smart living. It also provides power trading services for energy-intensive industries and products and services for nuclear and thermal power plants. The company focuses on decarbonization and a transition to a carbon-neutral economy. Its offerings support industrial electrification and aim to meet customer needs for reliable energy.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 111k LinkedIn followers — 63.3% of this cohort's audience
Funding rounds
  • Jul 2025Grant (prize money)$99.1M
  • Dec 2021Grant (prize money)$11.3M
  • Jul 2021Grant (prize money)$265.7K
  • Nov 2020Post IPO—
Founders & team
Markus RauramoCEO
Investors
Europa, Finnfund, Finpro, Taaleri, Russian Direct Investment Fund
Tech stack
Ab TastyApache Http ServerApple Icloud MailAzureBootstrapCloudflare
#2
Funding Raised · Oulu, North Ostrobothnia · founded 2015
$63.9Kraised
▾

Provider of legal services focused on business-related issues and produce contracts

LinkedIn Pulse recent public activity · Jul 2026
Audience: 538 LinkedIn followers
Activity: 1 partnerships (incl. Khmon kaupunki) announced in 12 mo
Funding rounds
  • Jun 2023Grant (prize money)$63.9K
Founders & team
Mikko AhokasManaging Director
Investors
Europa, Kielo Growth
Tech stack
Apache Http ServerCookieyesCore-JsDiviEmbed OptimizerFacebook Login
#3
Public · Lappeenranta, South Karelia · founded 2010 · 6 employees
$1.1Mraised
▾

GreenEnergy Finland develops turnkey solar power plants for private and corporate customers. Their portfolio includes grid connected as well as off-grid solutions in power range from a kWs to a MW range. Apart from turnkey solutions, the company is also a provider of other BoS components such as solar modules, power converters and mounting systems.

Funding rounds
  • Jun 2016Series A$1.1M
Investors
Flinkenberg
Tech stack
BootstrapCaddyCdnjsCloudflareDjangoElementor
#4
Funding Raised · Helsinki, Uusimaa · founded 1909
—raised
▾

Provider of electricity, district heating, and district cooling solutions. It offers electricity contracts, district heating for residential and commercial buildings, and district cooling solutions for businesses and data centers. It also provides electric vehicle charging solutions for homes and businesses, along with solar panel installations and related services. The company focuses on energy sales, distribution, and related customer services for various client segments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers — 12.7% of this cohort's audience
Founders & team
Pekka ManninenCEO
Investors
Europa
Tech stack
Apple Icloud MailAzureAzure MonitorBootstrapCloudflareCloudflare Bot Management
#5
Funding Raised · Helsinki, Uusimaa · founded 2016
—raised
▾

Wind farms and solar plants development and investment company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 2.7% of this cohort's audience
Hiring: 4 hiring posts in 12 mo (public) · momentum +0 · hiring: Investor Relations Analyst, Originator
Funding rounds
  • Jan 2024Conventional Debt—
Founders & team
Francisco ValverdeGeneral ManagerKai RintalaManaging DirectorJoao NetoInvestment Manager
Investors
EBRD
#6
Public · Mikkeli, South Savo · founded 1978 · 58 employees
—raised
▾

Manufacturer and supplier of solar modules equipments

Founders & team
Iikka SavisaloCEO & President
Investors
Businessfinland, Europa, Winance, RiverFort Global Opportunities
Tech stack
Godaddy Website BuilderPwaOpen Graph
#7
Seed · Vaasa, Ostrobothnia · founded 2012
—raised
▾

CoE Group is a Finnish engineering office focused on electrical, automation, and mechanical design services. They offer automation systems for manufacturing needs and are known for their people-oriented approach to personnel management and leadership.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 2.5% of this cohort's audience
Funding rounds
  • Mar 2022Seed—
Founders & team
Sami KiviojaCEO
Investors
Juuri Partners
Tech stack
Animate.CssCloudflareCloudflare Bot ManagementCookiebotCore-JsElementor
#8
Funding Raised · Helsinki, Uusimaa · founded 1990 · 91 employees
—raised
▾

Provider of diversified SME loan services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 7.5% of this cohort's audience
Investors
Europa
Tech stack
Amazon CloudfrontAmazon Web ServicesBackbone.JsCloudflareCloudflare Bot ManagementCookiebot
#9
Funding Raised · Helsinki, Uusimaa · founded 1993
—raised
▾

Provider of operation & maintenance services for solar and wind energy

Founders & team
Elina MoisioCEO & Managing Director
Investors
European Union
Tech stack
Apache Http ServerApple Icloud MailBootstrapCdnjsCloudflareCookiebot
#10
Funding Raised · Lahti, Paijat-hame · founded 1907
—raised
▾

Lahti Energy is a power utility company which generates & distributes heat & power energy. Operates 2 gas fired & 1-biogas power plant which can generate 200 megawatts of power and 470 megawatts of heat energy. Claims to operating 583 kilometers of power transmission lines, 683 kilometers of district heating supply line, and natural gas pipeline of 167 kilometers. Also finances, supplies, and installs photovoltaic systems.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 3.5% of this cohort's audience
Founders & team
Eero SeesvaaraCEO & MD
Investors
European Investment Bank
Tech stack
Amazon SesAmazon Web ServicesAnimate.CssApache Http ServerBootstrapContact Form 7
#11
Public · Mikkeli, South Savo · founded 2009 · 160 employees
—raised
▾

Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Founders & team
Jari VarjotieCEO
Investors
Sitra, Loudspring
#12
Seed · Tampere, Pirkanmaa · founded 2006 · 4 employees
—raised
▾

Suntrica Ltd from Finland offers flexible and high-efficiency portable solar chargers, working primarily for personal electronic and portable devices. The company primarily focuses in designing, contract manufacturing and marketing easy-to-use personal solar chargers for use with portable battery-powered devices. Chargers converting ambient solar energy into usable electrical energy that can provide an unlimited source of power for personal electronic devices. Backed by Yellow Dragon Enterprise, Hong Kong and Venraventure.

Funding rounds
  • Sep 2008Seed—
Investors
Finnvera, Innovestor
Tech stack
WordpressMysqlPhpGeneratepressWp RocketRankmath Seo

Funding & investor landscape

$115.9Mtotal disclosed funding
3companies funded
12disclosed rounds
0rounds last 90 days
Most active investors
Europa5 rounds
Loudspring2 rounds
Businessfinland1 rounds
Climate KIC1 rounds
EBRD1 rounds
EIT InnoEnergy1 rounds
EnergySpin1 rounds
European Investment Bank1 rounds
European Union1 rounds
Finnfund1 rounds

Notable founders

Markus Rauramo
CEO · Fortum
Mikko Ahokas
Managing Director · Macon
Pekka Manninen
CEO · Helen
Francisco Valverde
General Manager · Taaleri Energia
Kai Rintala
Managing Director · Taaleri Energia
Iikka Savisalo
CEO & President · Valoe
Sami Kivioja
CEO · CoE Group
Elina Moisio
CEO & Managing Director · Motiva
Eero Seesvaara
CEO & MD · Lahti Energia
Jari Varjotie
CEO · Savosolar
RESEARCH SIGNALS · Finland

How research on Solar Photovoltaics is moving in Finland

A read on the academic research around Solar Photovoltaics — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 178 Finland-affiliated papers.

research sentiment over time
202320252026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 52% → 47% across 2023–2026.
top research entities
  • Aalto University44
  • Lappeenranta-Lahti University of Technology30
  • VTT Technical Research Centre of Finland17
  • University of Oulu16
  • University of Turku15
leading researchers
Christian Breyer · Dmitrii Bogdanov · Ayobami Solomon Oyewo · Gabriel Lopez · Rasul Satymov · Janne Halme · Arman Aghahosseini · Karhu, Juha A. and Lindfors Anders
▲ Breakthroughs36 · 20%
▲ 0%→20% share
0 median citations92% since 2021mostly methods-led
Breakthroughs are rising (0%→20% of field), led by Solar energy.
rising sub-themes (early→recent)
  • Solar energy1→8
  • Photovoltaic system1→7
  • Perovskite (structure)1→5
Newly emergingRenewable energy 0→7
Landmark On the role of solar photovoltaics in global energy transition scenarios · 351 cites
◆ Advancements79 · 44%
▲ 0%→44% share
1 median citations95% since 2021mostly empirical
Advancements are rising (0%→44% of field), led by Optoelectronics.
rising sub-themes (early→recent)
  • Optoelectronics1→15
  • Solar cell1→12
Newly emergingPhotovoltaic system 0→26 · Solar energy 0→24 · Renewable energy 0→15
Landmark Pattern Classification and PSO Optimal Weights Based Sky Images Cloud Motion Speed Calculation Method for Solar PV Power · 147 cites
▼ Concerns23 · 13%
▲ 0%→12% share
1 median citations87% since 2021mostly empirical
Concerns are rising (0%→12% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy1→7
Newly emergingPhotovoltaic system 0→9 · Solar energy 0→8
Landmark Device Physics of Dye Solar Cells · 413 cites
RESEARCH HOTSPOTS · Finland

Where solar pv is researched across Finland

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Espoo60 · +0.44
Hot · Renewable energyAdvancing · Perovskite (structure)Opportunity · OptoelectronicsConcern · Solar cell
Lappeenranta30 · +0.25
Hot · PhotovoltaicsAdvancing · Renewable energyOpportunity · Environmental economicsConcern · Photovoltaic system
Turku25 · +0.52
Hot · SemiconductorAdvancing · Solar cellOpportunity · Solar energyConcern · Renewable energy
Helsinki20 · +0.03
Hot · HeaderOpportunity · Photovoltaic systemConcern · Solar energy
Oulu17 · +0.36
Hot · Energy (signal processing)Advancing · Solar energyOpportunity · Photovoltaic system
Tampere15 · +0.66
Hot · OptoelectronicsAdvancing · Solar cellOpportunity · Photovoltaic system

Common questions

How many Solar Energy companies are there in Finland?
Radar tracks 35 indexable Solar Energy companies headquartered in Finland that meet our profile-completeness bar.
What is the total funding raised by Solar Energy companies in Finland?
The Solar Energy companies in Finland on this list have raised a combined $115.9M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Solar Energy company in Finland?
Fortum is the highest-funded Solar Energy company in Finland, with $114.8M in disclosed equity funding.
How many Solar Energy companies in Finland are funded?
3 of the 35 Solar Energy companies in Finland on this list have disclosed at least one equity funding round.
How many Solar Energy unicorns are there in Finland?
None of the Solar Energy companies in Finland on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Finland Solar Energy companies?
The most active investors in Finland Solar Energy companies on this list include Europa, Loudspring, Businessfinland, Climate KIC, EBRD.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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