May 2026
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Largest Energy Equipment Public Companies in Poland
Benchmark revenue and EBITDA valuation multiples for public comps like
Saule Technologies, ML System, Sunex, Remor Solar Polska and Starhedge.
 | Saule Technologies SA is a high-tech company that develops innovative solar cells based on perovskite materials. | $0 | +1% | $36M | $59M | 165.7x | (5.1x) | ||
| ML System SA is engaged in the design, engineering and production of building-integrated photovoltaic (BIPV) cell systems which generate electrical power from sunlight. It offers Energy Photovoltaics including BIPV modules, BIPV cells, Photovoltaic IGUS, Photovoltaic architecture systems, standard photovoltaic modules and fastening systems. Its other offerings includes Building Management System which includes enegry management systems and security systems. | $4 | -9% | $31M | $69M | 1.6x | (63.4x) | ||
| Sunex SA is a manufacturer of solutions based on renewable energy sources. The company offers Heat pumps, Solar panels, Thermo-siphons, Assembly systems, Connection systems, Water heater tanks, Pump stations, Heat exchange-stations, Heat carriers, Custom products and Solar controllers. | $1 | -60% | $17M | $51M | 0.9x | (46.5x) | ||
| Remor Solar Polska SA is a solar mounting system manufacturer. It is engaged in offering mounting solutions for all types of solar projects, and also offers technical planning, as well as installation services for all REMOR Solar mounting systems. The products of the company include Roof Hooks, Mounting Rails, Rails connectors, Clamps and Brackets, Screws and Nuts, Flat Roof Components, and others. | $1 | -14% | $11M | $12M | 0.5x | 13.2x | ||
| Starhedge SA is a Poland-based company active in the renewable energy sector. The company has made investments in the renewable energy sector by acquiring shares in companies that own photovoltaic panels and specialize in services related to the sale and distribution of energy. | $0 | -35% | $6M | $6M | 0.8x | (3.4x) | ||
| Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security. | $0 | -- | $5M | $6M | 1.0x | 26.6x | ||
| Voolt SA is engaged in the construction of medium and large photovoltaic installations. The company offers design and implementation of ecological solutions in households, the commercial sector and in local government units. Its solutions are based on photovoltaics, storage, and renewable energy management, support the development of businesses and urban areas. | $0 | -53% | $4M | $4M | 193.1x | (36.5x) | ||
| Foto Volt Eko Energia SA offers consulting and installation of photovoltaic installations for companies, housing cooperatives, housing associations and production plants. The company installs photovoltaic power plants for companies on flat roofs of halls, based on ballast systems; on sloping roofs; and on the ground. | $0 | -47% | $2M | $3M | 4.2x | (15.7x) | ||
| T&T Proenergy SA Formerly 01Cyberaton SA is engaged in the realization of all kinds of photovoltaic projects ranging from large systems development and ending with the domestic micro-solar installations. The company focuses on two areas namely Photovoltaics and Energy. It produces and distributes electric power in Poland. | $0 | -45% | $2M | $5M | 293.8x | (2.3x) | ||
| Median | $0 | -40% | $6M | $6M | 1.6x | (5.1x) |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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