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Launch of SolarLife

26 Mar 2025 07:00

RNS Number : 1431C
eEnergy Group PLC
26 March 2025
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26 March 2025

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eEnergy Group plc

("eEnergy", "the Company" or "the Group")

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eEnergy launches SolarLife with up to Β£800k in long-term revenues

New solar asset management service delivers forward order book and long-term financial visibility

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eEnergy Group plc (AIM: EAAS), a leader in energy efficiency and on-site generation solutions, has launched SolarLife, a strategic expansion of its service offering designed to drive long-term, recurring revenues.

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As part of the launch, eEnergy is securing its first series of service agreements:

Β· 75 solar systems across education, healthcare, and commercial sectors

Β· 7MWh of installed capacity under active management

Β· Β£80k in annual recurring revenues, contracted over 10 years

Β· A total contract value (TCV) of Β£800k, creating a forward order book and enhancing revenue visibility

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About SolarLife

SolarLife is a comprehensive solar asset management service built to maximise system performance, safeguard financial returns, and ensure long-term reliability.

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Customer Value Proposition

SolarLife delivers measurable value by:

Β· Maximising ROI through regular cleaning, inspections, and monitoring

Β· Reducing downtime and maintenance costs with proactive servicing and fault prevention

Β· Extending asset lifespan through optimisation and degradation control

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By strengthening customer relationships and locking in recurring service revenue, SolarLife supports eEnergy's strategy to deliver profitable, predictable growth.

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Harvey Sinclair, CEO of eEnergy, commented:

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"With the rapid growth of distributed solar, asset owners urgently need trusted partners to safeguard system performance and long-term returns. SolarLife delivers that confidence-ensuring solar installations perform at their peak, minimise downtime, and continue delivering strong financial and environmental value for years to come.

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"We strongly support Great British Energy's plan to install rooftop solar on schools and NHS sites across the UK. But the real value of this initiative won't come from installation alone-it will come from how these assets are managed over time. Without proactive monitoring and lifecycle care, systems risk underperforming and falling short of their potential, especially in public sector environments already facing stretched maintenance budgets.

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"That's why SolarLife matters. It ensures the government's initial investment pays back over the full asset life-through reliable performance, extended lifespan, and continuous energy savings. For asset owners, that means greater energy security, lower costs, and faster progress to Net Zero."

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SolarLife further cements eEnergy's position as a leading end-to-end solar solutions provider, offering design, installation, funding, and now full lifecycle management under one roof.

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For further information, please visit www.eenergy.com or contact:

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eEnergy Group plc

Tel: +44 20 3813 1550

Harvey Sinclair, Chief Executive Officer

John Gahan, Chief Financial Officer

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info@eenergy.com

Strand Hanson LimitedΒ (Nominated Adviser)

Tel: +44 20 7409 3494

Richard Johnson, James Harris

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Canaccord Genuity LimitedΒ (Broker)

Tel: +44 20 7523 8000

Max Hartley, Harry Pardoe (Corporate Broking)

Tavistock

Tel: +44 207 920 3150

Jos Simson, Simon Hudson, Katie Hopkins

eEnergy@tavistock.co.uk

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About eEnergy Group plc

eEnergy (AIM: EAAS) is revolutionising the path to Net Zero as a leading digital energy services provider for B2B and public sector organisations. We eliminate the barriers to clean energy generation and energy waste reduction, offering solutions that don't require upfront capital investment. Our vision is clear: make Net Zero possible and profitable for every organisation.

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Our primary services include:

Β· Reduce: LED lighting and controls

Β· Generate: Solar PV, ground mount, rooftop, and carport

Β· Charge: EV charging and management software

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All eEnergy's services come with intelligent circuit-level energy analytics and are funded through NatWest or Siemens to provide an off-balance sheet-compliant energy-as-a-service solution.

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eEnergy has completed over 1,100 decarbonisation projects within the B2B and public sector. We are #1 in the education sector, having worked with over 840 schools, installing over half a million LED lights, and improving the learning environment for over 443,000 students-enough to fill Wembley Stadium almost five times over. In one year alone, eEnergy has saved the education sector Β£13 million in energy costs. With over 70% of schools yet to transition to LED lighting and over 90% yet to deploy solar, eEnergy estimates that at least Β£5.4 billion would need to be invested to install adequate rooftop solar, LED lighting, and EV charging infrastructure in UK schools.

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eEnergy is a market leader within the education sector and has been awarded the Green Economy Mark by the London Stock Exchange.

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-ends-

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