Sunly

☀ What an awesome time we had at Sunly Summer Days 2024! This year, we gathered in Latvia, bringing together Sunlyers from Estonia, Latvia, Lithuania, and Poland. 🇪🇪🇱🇻🇱🇹🇵🇱 The days were packed with fun, energy, and a mix of sporty and creative activities - from kiiking and wakeboarding to making our own sauna whisks. To top it off, we introduced the new Sunly brand to our people, marking a new and exciting chapter for us all. 🤩 Massive kudos to our People team for organizing such an epic event! 💜

🌱🇱🇻 By 2030, renewable energy is set to power half of Latvia's total energy consumption. With significant potential in solar, wind, and hydropower, Latvia is becoming a key player in the transition to sustainable energy. Sunly is investing in and continuing to develop wind and solar energy production, as well as battery energy storage systems, recognizing the significant potential in the Latvian market. Our immediate plans in Latvia involve the construction of four solar parks with a total capacity of 553 MW. All parks in Latvia are designed as hybrid parks, with future plans to integrate wind turbines, battery energy storage systems, or a combination of both. This will ensure stable energy supply and help the Baltic states transition to safer and more sustainable energy sources. Read more 👇

🌱💰 Despite political challenges in the US, global investment in renewable energy is thriving. As CleanTechnica highlights, Sunly's recent capital raise not only reflects growing confidence in renewable energy but also supports Europe's move towards energy independence. Read more 👇

🥳 Sunly’s LinkedIn community has grown to 10 000! A big thank you to everyone who’s been part of our journey! Your support means the world to us. 🌍

🎉 Sunly raised €300 million from Rivage Investment, Copenhagen Infrastructure Partners (CIP) and Kommunal Landspensjonskasse (KLP) to accelerate the construction of 1.3 GW of solar, wind, storage, and hybrid parks across the Baltics and Poland. Priit Lepasepp, co-founder and CEO of Sunly, said: “This investment enables us to improve our infrastructure with new grid connections and solar parks in the Baltics, which will support our onshore wind and storage pipeline expansion. To help reduce energy costs, our focus will be on two key areas: building a hybrid pipeline with storage capabilities and advancing the electrification of heating and mobility systems, thereby diminishing our reliance on imported fossil fuels and optimising the use of local renewable resources”. Our gratitude goes to Augusta & Co who acted as the exclusive financial advisor to Sunly during the process.  White & Case LLP, Sorainen and CMS represented Sunly while Ashurst, Gide Warsaw and Ellex – Baltic circle of legal excellence acted as the lenders’ legal counsels. Read more 👇

💜⚡ New Era of Sunly - Energy, but Renewable! The initial Sunly brand was created in 2019, and it effectively reflected what the company needed at that time. Since then, our ambitions and vision have grown bolder, so it became clear that it was time for our brand to reflect that. Based on our core values (Courage, Curiosity and Synergy), many long discussions and extensive market analysis a rebel with a caring heart was born! Priit Lepasepp, co-founder and CEO of Sunly explained that Sunly’s journey over the past five years has been incredible, filled with growth and change. With new brand, Sunly is not just keeping up with the industry – it's shaping its future. “Sunly’s rebranding shows our commitment to making a positive impact and working closely with our partners, communities, and customers to build a sustainable future together. We're excited to embark on this next chapter and continue pushing the boundaries of what's possible,” said Lepasepp. Read more about how Sunly's new brand was born - link in the comments. 💬

☀️ What’s in it for you? Here are 5 advantages of using renewable energy 👇🏼 #1 Competitive advantage #2 Stronger brand = stronger sales #3 Enhanced job market reputation #4 Cost optimization #5 Peace of mind A diversified energy portfolio keeps your business safe from price fluctuations and potential hybrid attacks. Learn more in the video below 👇🏼

☀️This summer's Opinion Festival / Arvamusfestival had 25 interesting discussion areas where experts and the audience talked together about important issues in society. These included discussions on mental health, sustainability, politics, education and so on. Grete Mänd, who is shadowing Rasmus Udde, Innovation Lead at Sunly, shared which discussions she attended at the Opinion Festival and what caught her attention as a young person. Read more (in Estonian)👇 https://lnkd.in/dC4FdSnr

🚴♂️☀ We're thrilled that so many new and familiar faces joined Sunly's bike ride to the Opinion Festival / Arvamusfestival this year, taking on the 110 km journey from Tallinn to Paide. Martin Kruus, Sunly's most experienced rider and chairman of the board, participated in the ride for the fifth time, though he's biked the Tallinn-Paide route many more times. The number of cyclists has been growing every year, but it still feels like a close-knit group where everyone gets the chance to meet each other. Along with Sunly's cycling enthusiasts and renewable energy fans, everyone who enjoys staying active and wants to challenge themselves while being environmentally friendly is always welcome to join. See you next year! 🤩 🎬 Check out the awesome recap video produced by Wedia Productions!

🤝 A goodwill cooperation agreement was signed between the City of Pärnu, Enefit Green, and Sunly, which will help contribute to the local community's well-being once the Põlendmaa wind farm is up and running. The agreement confirms that the parties will work closely together on building the Põlendmaa wind farm, focusing on improving local life and that possible obstacles will be resolved in a positive manner. Priit Lepasepp, co-founder and CEO of Sunly, emphasized that working closely with communities from the start is a key part of Sunly's approach. He said, "Building the wind farm in this area will benefit local people by lowering electricity costs and creating new roads that make everyday life easier. On a larger scale, the Põlendmaa wind farm is an important step toward Estonia producing all its electricity from renewable sources by 2030." Read more (in Estonian) ⬇ https://lnkd.in/gVR9ZhFA