Sunly has completed the merger process initiated in 2021 becoming an independent power producer, supplying the Baltics & Poland with renewable energy. The parent company is now Sunly AS, after the asset company Sunly Land AS merged with the management company Sunly OÜ. What are…
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…
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 renewable energy tender rounds held 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…
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…
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 ForEst & Sunly have created a demonstration centre for promoting Estonian sustainable technology. The centre 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 ForEst said that the demo centre is a primary contact point for local interest groups and international networks,…
Despite the pandemic, Sunly’s startup Rexplorer has started at full speed. Rexplorer helps energy producers spot the land plots with the best renewable energy potential, including optimizing every stage of a project with geospatial analysis, SCADA, modeling, and visualizations. During the past months, Rexplorer has…