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Radiance Energy

Porto, Portugal

SolarEnergy StoragePrivate
Founded 200650-200 employees220 MW installed

About

Founded in 2006, Radiance Energy is a private headquartered in Porto, Portugal with approximately 50-200 employees specializing in Solar, Energy Storage.

Founded in 2006 as Ikaros Solar by Belgian entrepreneur Yves Devis, Radiance Energy originated as a residential PV EPC contractor. The company expanded into commercial and industrial photovoltaic solutions, serving clients including IKEA, DHL, Tesla, and Philips. In late 2021, global investment group Eurazeo acquired an 80% stake, becoming sole owner in 2024 through its infrastructure fund. The company has since transitioned to become a leading independent power producer specializing in photovoltaic solutions. With a strong European presence and diverse team from nearly 20 nationalities, Radiance Energy operates across multiple countries. The company manages every stage of the photovoltaic value chain, delivering seamless project execution with expertise in site identification, feasibility studies, design, engineering, procurement, construction, and long-term operations and maintenance. Radiance Energy is committed to driving Europe's shift to a zero-carbon energy sector and aims to exceed 500 MWp of operational solar PV plants by 2030. The company also plans to integrate battery storage systems to improve grid stability and energy reliability.

SolarPhotovoltaicIndependent Power ProducerEPCAsset ManagementEuropeRenewable EnergyNet-Zero

Headquarters

Porto, Portugal

Founded

2006

Employees

50-200

Company Type

Private

Business Models

B2BEPCIPP

Value Chain

DevelopmentEngineeringProcurementConstructionEPCO&MAsset Management

Service Regions

Europe

Industry Memberships

Order of Portuguese Engineers

Projects

Brussels Airport Solar Plant

Rotterdam Landfill Solar Plant

IKEA Alfragide Solar Plant

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