Sunly, a renewable energy producer, raises €300 million to strengthen energy security and supercharge renewable projects across the Baltics and Poland

Sunly, a leading renewable energy producer, has raised €300 million in debt financing to accelerate the construction of 1.3 GW of solar, wind, storage, and hybrid parks across the Baltics and Poland. This financing is provided by Rivage Investment via REDI HR2, its second high yield infrastructure d...

4 minute readPublished 12 days ago
4 minute readPublished 12 days ago
Sunly. Energy, but renewable – lets disrupt the image of renewable energy

Sunly. Energy, but renewable – lets disrupt the image of renewable energy

The initial Sunly brand was created in 2019, and it effectively reflected what the company needed at that time and where it originated from. As Sunly’s ambitions have grown bolder and the desire to become a game-changer in the energy industry has intensified, it became clear that Sunly needed a new...

2 minute readPublished 13 days ago
Sunly’s Wind Turbine Project in Latvia Secures Priority Status from LIAA

Sunly’s Wind Turbine Project in Latvia Secures Priority Status from LIAA

The Investment and Development Agency of Latvia (LIAA) has granted priority investment project status to Sunly’s project to build four wind turbines with a capacity of up to 28 MW in Matīši Parish. This means that the project, on a national scale, can benefit from the so-called “green corridor,” wit...

2 minute readPublished 27 days ago
Watt’s in It for You? 5 Advantages of Renewable Energy for Businesses
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Sunly’s co-founder and Chairman of the Supervisory Board Martin Kruus: “Our goal is to build a sustainable future through responsible business practices”
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Sunly’s co-founder and CEO Priit Lepasepp: “Even when the economy is moving towards more difficult times, it is still important to invest in growth and innovation”
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Sunly Released Annual Report Highlighting 2023 Achievements
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Minister of Climate and Energy Together with Madona Municipality Representatives Visits Sunly Solar Project in Barkava
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Hybrid parks – the next big energy trend  
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Sunly brings solar and wind communities together under one roof  

Sunly brings solar and wind communities together under one roof  

Sunly hosted a community day at its new office in Tallinn’s Telliskivi district where a number of industry experts and community members emphasized that engaging local residents and addressing their concerns is the cornerstone of a successful energy policy.  The event was headed by Sunly’s Stake...

4 minute readPublished 97 days ago
Sunly Infra and Alseva Sp.z.o.o. have merged to form a new entity called Sunly Assets
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Sunly begins sharing revenue from large solar parks with communities  
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Sunly in Latvia participates in a waste picking campaign and plants bee-friendly plants around the solar park 
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Future electricity market requires storage solutions 
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Sunly wins auction of Latvia’s State Forests and continues work on wind park development in Kurzeme
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Sunly and Metsagrupp are constructing the largest 244 MW solar park in the Baltics 
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Sunly has commenced generating electricity in Latvia

Sunly has commenced generating electricity in Latvia

At the end of the January 2024, the solar power plant named “Skanuļi” in the Iecava district began producing electricity, marking Sunly’s inaugural venture in the Latvian market. The estimated annual production amount of the plant is 4.3 GWh. Additionally, this year will mark an operational status f...

1 minute readPublished 201 days ago
Sunly secures €66 million for the construction of solar parks in Poland 
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Sunly secured 40 000 EUR funding to develop an artificial intelligence pilot project at Tehnopol’s AI workshop
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Swedbank is Financing the Construction of Six Sunly Solar Parks in Latvia with 22 Million Euros
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Why is Pikkori PV Park so Innovative?
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Charting Success: Cleantech Forum Highlights the Crucial Role of Marketing and Constructors
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Sunly Launches the Largest Solar Battery Hybrid Park in Estonia
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Sunly’s Roots: Powering Innovation for a Greener Tomorrow – Our Commitment to Cleantech Forum Europe 2023

Sunly’s Roots: Powering Innovation for a Greener Tomorrow – Our Commitment to Cleantech Forum Europe 2023

In the dynamic landscape of clean technology, the Cleantech Forum stands as a beacon of inspiration and collaboration, bringing together visionaries, investors, and industry leaders. This year, Sunly proudly announces its golden sponsorship of the 2023 Cleantech Forum Europe, set to take place in Ta...

3 minute readPublished 300 days ago
Sunly and KOOS.io Launch New Community Engagement Program for Wind Farm Development 
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Sunly Launches 60 MW Solar Park Near Krakow After Investing 33 Million Euros  
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Sunly X Opinion Festival 
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Sunly x Metsagrupp building one of the largest solar parks in Estonia 
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Largest Solar Park Planned in Kaišiadorys for Prosumers 
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Sunly and Alseva sign agreement to construct a solar park in Latvia
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Energiasalv Secures €11m Additional funding for its Energy Storage Project

Energiasalv Secures €11m Additional funding for its Energy Storage Project

Energiasalv has acquired another EUR 11 million in additional financing for its EU Project of Common Interest (PCI project), the “Zero Terrain Paldiski” Pumped Hydro Energy Storage (PHS) plant in Estonia. The funding includes strategic investments from Alexela, Sunly, Combiwood Group, Warmeston, and...

3 minute readPublished 430 days ago
State supports implementation of Sunly’s energy storage pilot projects
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Sunly’s Annual Report 2022 now published
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Estonia will have its first biodiversity-supporting solar park
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Sunly receives a 30-million-euro investment from EBRD  
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Sunly’s Lili Kirikal was chosen as the best CFO in Estonia
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SEB financed the expansion of Sunly to Latvian and Lithuanian markets through green guarantees
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Sunly won Baltic Energy Deal of the Year

Sunly won Baltic Energy Deal of the Year

The Baltic M&A and Private Equity Forum 2023 ceremony celebrated the most significant deals closed in the three states during last year. In 2022, Sunly raised €200M in capital investments, and acquired a 100% stake of Polish solar park developer Alseva.

1 minute readPublished 503 days ago
Sunly City Solar Parks to Power 100 Telia Cell Towers
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Sunly to relocate to new headquarters in Tallinn  
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Sunly ja Solarstone support a kindergarten in Ukraine with an energy security solution
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Experience the Convenience, Sustainability, and Value of Solarstone’s Solar Carport
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Sunly joins forces with EES-Ringlus to promote waste management and the circular economy in Estonia
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Estonia’s first energy storage project gets green light for construction
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Sunly powers energy innovation

Sunly powers energy innovation

Sunly has invested more than 8.5 million euros in cleantech startups and raised funds worth 10 million euros for additional investments. We have decided to use 5% of our capital to boost startups operating in the fields we strongly believe and are active in – renewable energy, energy storage, e-mobi...

6 minute readPublished 614 days ago
Sunly supports construction of the next-generation solar car in Baltic States
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We are taking steps towards solar panels recycling
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Investing in Switch, the one-stop solution for EV charging networks
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Sunly raises 200 million euros and welcomes Mirova as a new investor 
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Sunly City installs a solar park on the roof of Kai Art Center 
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Amperio – Sunly’s first non-Estonian startup investment
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Themo raises 650k€ to scale up energy flexibility services

Themo raises 650k€ to scale up energy flexibility services

Themo, the Estonian-Finnish smart floor heating start-up has raised 650k€ to develop further its demand-side management solutions both for business and private customers across Finland, and to hire new talents helping the company to grow.  Until today, Themo has been primarily focusing on providi...

1 minute readPublished 725 days ago
Where do all the solar panels go in the end life?
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OPEN CALL! Beamline Accelerator batch #3
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Solar parks will enable Elisa’s cell towers to use more green energy
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Estonian President pays a visit to Sunly & Cleantech Estonia 
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How Sunly people use our startups products? 
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Solar roofing manufacturer Solarstone raises €10 million
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Port of Tallinn and Sunly agreed on cooperation in offshore wind

Port of Tallinn and Sunly agreed on cooperation in offshore wind

Port of Tallinn and Sunly have signed a Memorandum of Understanding with the goal of realizing offshore wind energy in the Baltic States and creating maximum local knowledge and business opportunities during the development, installation as well as operation and maintenance of Sunly’s offshore wind...

2 minute readPublished 793 days ago
Lithuania sees renewable energy as a way out of Russian gas
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Faster, safer & greener last-mile solution delivered by Vok Bikes 
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Green transition – a promising field where your work has a bigger meaning
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Joint venture of Sunly and Scener offers balancing services in Poland 
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News from Rexplorer: One-click Solar Calculator – a novelty from Rexplorer  
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How Sunly’s startups could solve YOUR problem?  
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HelioRec’s story – from Beamline Accelerator to first paid projects 

HelioRec’s story – from Beamline Accelerator to first paid projects 

You can easily imagine PV panels on the roof, on the fields, or even on the facades of buildings. But we bet you could barely imagine them fluctuating on the surface of the sea, right? Well, it is time to change your outlook, because now you can put them directly to the water and they will produce e...

2 minute readPublished 852 days ago
Social acceptance – a key to the multiscale wind energy adoption  
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Can energy storage be renewable? UP Catalyst says yes by converting CO2 from “enemy to ally”
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Alexela purchases electricity from three Sunly’s solar power parks 
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Sunly and Eiffel Investment Group announce an €11m bridge facility
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Sunly Announces Acquisition Closing, Acquiring 100% Stake in Alseva Group 
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One small leap for individual, one giant leap for energy security 
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K2 Management to advise Baltic offshore wind developer, Sunly

K2 Management to advise Baltic offshore wind developer, Sunly

K2 Management, a leading international renewable energy consultancy, will consult on the development of a pipeline of offshore wind projects in the Baltic Sea, after signing a framework agreement with Sunly, the independent power producer in the Baltic States and Poland.  K2 Management will under...

2 minute readPublished 899 days ago
Sunly becomes an independent power producer, after completing its merger process  
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Sunly to raise EUR 150m in equity funding ahead of mid-term listing
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Sunly and Alseva combine for Polish solar pipeline
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Sunly joins forces with Polish solar power developer Alseva Group
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Planet Positive Startups – Looking Back on 2021 and Forward to 2022
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Sunly wins 51 MW of solar power in Polish auctions
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Solarstone celebrates installing its 500th solar roof

Solarstone celebrates installing its 500th solar roof

A roof that produces electricity! This idea was born in 2015 and already the following year the first Solarstone solar roof was installed. Now, in 2021 Solarstone celebrates installing its 500th solar roof. Solar roof No. 500 belongs to a family from Central Estonia, with whom Solarstone had a lo...

2 minute readPublished 1008 days ago
Sunly raised 28 million euros
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Cleantech Estonia & Sunly open the Estonian Cleantech Demo Centre
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How to plan and develop renewable energy hassle-free? Ask Rexplorer!
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New international cleantech accelerator starts at Port of Power
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Landowners & Sunly founded joint ventures to develop renewable energy
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LHV pension funds to invest in renewable energy company Sunly
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SEB granted the first green loan of EUR 1.7 million to the energy company Sunly for the construction of solar parks

SEB granted the first green loan of EUR 1.7 million to the energy company Sunly for the construction of solar parks

SEB green loan directed at sustainable economy constitutes the first projects financed under the new renewable energy support scheme which, in addition to producing greener energy, will make renewable energy more affordable for the final consumer in the future as well.  SEB’s Green Loan will fina...

1 minute readPublished 1406 days ago
Metsagrupp starts to develop wind power in cooperation with Sunly
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Shoulder to Shoulder
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Additional grant from the Green ICT programme
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European Energy Data Access Pilots 2020
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Grant from the Green ICT programme
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