Sunly

Together we power the future! Sunly is an independent energy producer who develops renewable energy projects in the Baltics and Poland. Sunly also manages a renewable energy and electrification portfolio of start-ups in Estonia. Sunly was established by 4Energia team after 4Energia shares were sold to Enefit Green AS. At the moment of acquisition 4Energia was the biggest renewable energy company in the Baltics. Sunly has local teams in Estonia, Latvia, Lithuania and Poland.

http://www.sunly.ee

51-200 employees

Growth Trajectory

Sunly aims to expand its renewable energy production capacity to 1000 MW by the end of 2026 by building new energy parks near communities. The company focuses on hybrid electricity packages development to better serve a growing market in the Baltics and Poland and is actively investing in early-stage green technology startups to drive innovation.

Technical Challenges

Ensuring grid stability with increasing renewable energy sources.

Optimizing energy storage solutions for continuous energy supply.

Integrating battery storage with renewable energy generation.

Managing frequency regulation on the electricity grid.

Developing AI-driven battery management software.

Tech Stack

Solar panelsWind turbinesBattery storage systemsGrid control systemsIoTAIData analytics

Team Size

Project teams for solar park construction

Teams focused on hybrid electricity package development

Investment teams for green technology startups

Grid integration teams

Technical teams for battery management software

Software engineers

Data scientists

Key Risks

Market acceptance of renewable energy sources may be slower than anticipated.

Fluctuations in electricity exchange prices could impact the profitability of hybrid electricity packages.

Delays in obtaining grid connection permits can hinder project development.

Competition from other renewable energy providers could put pressure on market share.

Desynchronization of Baltic electricity network poses technical challenges.

Opportunities

Expansion into the Baltic states and Poland presents a significant growth opportunity.

Advancements in energy storage technologies could enhance the reliability and efficiency of renewable energy solutions.

Partnerships with landowners and local communities can facilitate the development of new energy parks.

Collaboration with landlords can address the challenge of providing renewable energy to tenants.

Demand for ESG-compliant energy solutions from businesses provides a strong market opportunity.

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