524d ago
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About Soltage
Company Overview
Name
Soltage LLC
HeadquartersJersey City, United States
Founded2005
SizeApproximately 70 employees (source: rocketreach.co). Revenue of $24.4 million in FY 2025 (source: zoominfo.com).
What They Do
Soltage focuses exclusively on solar energy with integrated storage assets, functioning as a domestic independent power producer. The company specializes in distributed utility-scale solar and storage solutions for commercial, industrial, municipal, and utility customers across the United States (source: rocketreach.co). Its core offerings encompass full-cycle project development, including site acquisition, design, engineering, financing through power purchase agreements (PPAs), construction, and long-term operations such as asset management and renewable energy credits (RECs) handling. To date, Soltage has invested over $1 billion into U.S. clean energy initiatives (source: igneoip.com).
The target markets for Soltage center on distributed generation for non-residential segments, including businesses, factories, cities, and utilities. These customers seek to lower energy bills, hedge against volatility, and utilize domestic resources through photovoltaic systems, solar farms, offsite solar, and energy storage solutions (source: soltage.com). In a competitive landscape that includes companies like Enphase Energy, Sunrun, First Solar, and NextEra, Soltage differentiates itself through its vertically integrated model, which allows for superior portfolio management and financial strength, supporting over 450 MW in operation or construction (source: rocketreach.co).
Projects & Track Record
Soltage has developed more than 125 solar energy projects, totaling over 450 MW of distributed generating capacity, which are either in operation or under construction across 18 states (source: rocketreach.co). While specific notable projects are not individually named, the portfolio collectively represents investments exceeding $1 billion, including clean energy initiatives for various commercial, industrial, municipal, and utility off-takers (source: ny-best.org). The company aims to expand its solar portfolio to 1.9 GW following its acquisition by Igneo Infrastructure Partners in August 2023, although current builds remain unspecified beyond the active 450 MW pipeline (source: zoominfo.com).
Recent Developments
In the last two years, Soltage announced the acquisition of a majority equity stake by Igneo Infrastructure Partners in August 2023, which is aimed at scaling its U.S. solar portfolio to 1.9 GW (source: zoominfo.com). This acquisition followed a successful funding round that raised a total of $283.9 million, including a significant $130 million round, with no additional mergers, acquisitions, or funding rounds reported through 2025 (source: rocketreach.co). The partnership with Igneo highlights Soltage's vertical integration across 18 states, although no specific awards or certifications have been documented in recent coverage (source: igneoip.com).
Working There
Soltage offers a variety of roles within its lean organization of approximately 70 employees, likely spanning core departments such as project development, engineering, finance, operations, asset management, and site acquisition (source: rocketreach.co). The company is headquartered in Jersey City, New Jersey, with hiring activity primarily centered there and no indications of active recruitment at satellite offices. Recent competitive alerts have noted new hires in unspecified roles, indicating ongoing growth (source: zoominfo.com). Soltage's culture emphasizes integrity, reliability, and professionalism, aiming to deliver superior projects by best-in-class professionals, although specific employee benefits are not publicly documented (source: soltage.com).
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