
1. Technology overview
SolX Technologies Inc. is an energy-tech company based in Makati, Philippines, founded in 2022 to give Filipino businesses the power to choose their electricity supplier. It reports serving over 150 commercial and industrial facilities and counts the government-backed Startup Venture Fund and Real Tech Holdings among its investors.
Its Energy Portfolio Management (EPM) module applies a digital demand-supply matching platform that compares energy contracts side by side and optimises a facility's contract parameters from its own energy data. Smart Energy Monitoring (SEM) adds a proprietary gateway device that streams real-time consumption data to an analytics dashboard with recommendations and reports. Customers span manufacturing, real estate, logistics, education and BPOs.
2. Highlighted features & specifications
- Demand-supply matching: A digital platform compares energy contracts on a like-for-like basis.
- Portfolio optimisation: Contract parameters are tuned from the facility's own energy data.
- SEM Gateway: A proprietary device gives live access to facility energy data.
- Analytics dashboard: Consumption data is converted into recommendations.
- Insights reporting: Reports support decisions and energy compliance.
- Renewable Energy Marketplace: Solar buyers are connected with vetted EPC partners and suppliers.
3. Potential application
A Vietnamese factory group could use portfolio analytics and real-time monitoring to benchmark power purchase options across sites. A university or hospital campus could aggregate several facilities under one procurement framework. Commercial property owners could track consumption per tenant and report on efficiency.
4. Benefits
Side-by-side comparison of electricity contracts increases transparency and control over procurement. Optimisation of the energy portfolio aims to reduce price volatility and long-term cost. Real-time monitoring helps locate inefficiencies. In the Ateneo de Manila case on the company site, seven facilities reported about 20% average energy cost savings with 100% renewable supply.
5. Market trends & opportunities
Electricity liberalisation in the Philippines is widening access to retail supplier choice for commercial users, and the company site discusses a lowered contestability threshold for 2026. Energy cost control and renewable sourcing are also priorities for Southeast Asian manufacturers facing decarbonisation pressure.
6. Other information
Founded 2022, Makati City, Philippines. First startup backed by the Philippine government Startup Venture Fund (NDC) alongside Real Tech Holdings (Japan). Other investors listed: Leave a Nest, Foxmont Capital Partners, UntroD. About 50 staff. Recognised at IGNITE 2023 and ECHELON Manila 2024.
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