By Mergermarket • JANUARY 18, 2022 Sunly, an Estonian renewable energy company, is looking to raise EUR 150m in equity funding by June 2022, CEO and founder Priit Lepasepp told this news service. The company will offer an unspecified minority stake in exchange for an investment, he…
by ENERGY REV • JANUARY 12, 2022 Estonian renewables operator Sunly will merge with Polish solar developer Alseva Group in a share swap transaction and will take aim at a 400MW ready-to-build pipeline in Poland. Sunly will acquire 100% of Alseva in exchange for shares paid in the…
Renewable energy producer Sunly and the Polish solar power developer Alseva Group join forces to drive the green transition in Poland even faster and with remarkable scale. Following the transaction, Sunly will acquire 100% of one of the largest Polish solar power developers and constructor,…
In 2021, we at Sunly were busy on the startup front by investing just shy of €2 million in electrification startups. So, we are happy to say that we have contributed our fair share to new green technologies and boosted Estonian cleantech startups. Can’t wait…
Sunly has secured 51 MW of solar power capacity in Poland’s latest solar auctions rounds in December 2021. The new solar projects have been awarded 15-year CfD contracts, providing them with a guaranteed level of electricity prices. The 32 PV projects with a total capacity…
Renewable energy company Sunly raised 28 million euros from existing and new investors as well as the management. Today, Sunly has 132MW in its solar portfolio in the Baltics & Poland and, with the amount raised, it is planned to multiply this number by the end of next year. In addition, funds will be directed to the development of wind farms. “Sunly’s goal is to contribute towards having enough of electricity…
Cleantech Estonia & Sunly have created a Cleantech Demo Centre for promoting Estonian sustainable technology. It provides a space where cleantech startups, their products and services can be exhibited and introduced. More than 40 startups in five categories including energy, agriculture & food are covered at the centre. Erki Ani, the CEO of Cleantech Estonia said that the demo centre is a primary contact point for local interest groups and international…
Project Rexplorer has been supported by Norway Grants „Green ICT“ programme“. The aim of the project is to develop a a platform that instantly analyses the natural conditions, costs, and restrictions for new solar and wind projects. Despite the pandemic, Sunly’s startup Rexplorer has started at full speed….
The international cleantech accelerator Beamline by Cleantech Estonia and Sunly is now LIVE and accepting startups! Estonia’s most active promoter of cleantech startups is launching together with cleantech investor Sunly a new Beamline Accelerator that focuses on specific sectors. Port of Power, situated in Pirita, Tallinn is extremely proud to offer free office…
The energy company Sunly, together with landowners based on Estonian capital, established three joint ventures with the intention of developing wind energy in Estonia. This is a continuation of the first similar joint undertaking in October of last year. The portfolio of four renewable energy development companies…