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PANOSOL

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Energy saving solutions to its clients by installing photovoltaic panels and solar thermal systems

Mérignac, FranceFounded 2006Energy
Valuation $5–10M Last recorded · 2008
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
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About PANOSOL

Panosol, operating as Panosol'R, is a French company specializing in the installation of solar energy systems for the residential market. The company was founded in 2006 in Toulouse by Nicolas Durand and Mathieu Pauc, who launched the venture at the age of twenty-three after completing their studies at Toulouse Business School (TBS) and the engineering school ENSEEIHT, respectively. Their combined business and engineering backgrounds provided a solid foundation for the company's focus on solar system installations.

The firm experienced rapid growth, establishing itself as a significant installer in the south-west of France. This trajectory attracted institutional investment, including a €1.5 million funding round from Demeter Partners in late 2007. A major milestone occurred in 2010 when the majority of Panosol's capital was acquired by the energy giant GDF Suez, now known as Engie, with the founders remaining as minority shareholders and continuing to manage the company. This acquisition was intended to finance further expansion across France. Following the sale, Nicolas Durand continued as President before founding other ventures. The original entity was reportedly liquidated in 2016, but the brand and operations continue under the name Panosol'R.

Panosol'R's business model is centered on providing a turnkey service for homeowners looking to reduce their dependency on the public electricity grid. The company manages the entire process, from an initial on-site technical feasibility study and detailed quotation to handling all administrative paperwork, such as municipal work requests and other formalities. Revenue is generated through the sale and installation of these complete photovoltaic packages. The installation itself is typically completed within one to two days. The company primarily serves the residential market, offering solutions for energy self-consumption (autoconsommation). This model allows clients to generate their own electricity, with options to either store surplus energy in a battery or sell it back to the grid at regulated prices.

The company's core offering consists of high-yield 500 Wc "Full Black" solar panels, which are promoted for their aesthetic appeal and efficiency in low-light conditions. These panels come with a 30-year performance guarantee. The complete installation package includes key accessories such as a connected inverter (10-year warranty) and a protective electrical cabinet. For clients seeking energy storage, Panosol'R offers battery systems with capacities ranging from 7 to 21 kWh and a 15-year warranty. A key feature for the client is a monitoring application, accessible via computer, tablet, or smartphone, which serves as a dashboard to track energy production, monitor consumption, and receive alerts in case of system malfunctions.

Source: Dealroom company data

At a glance

Founded
2006
Headquarters
Mérignac, France
Sector
Energy
Power Law
Colt$25–100M revenue

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Demea Sustainable Investment
Employees 14 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇫🇷 France · Mérignac HQ
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Web traffic by country
230 monthly visits
across markets
🇫🇷 France87%
Top 1 markets shown

Market sentiment

Posts on X, past 7 days

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