Insights

Regional Growth Sunly is expanding across the Baltics and Poland with local teams in Estonia, Latvia, Lithuania and Poland, and recent news highlights the development of hybrid energy parks and expansion into Latvia and Northern Europe, presenting cross-border selling opportunities for equipment, O&M services, and project development partnerships.

Storage & Hybrid Significant momentum in battery energy storage systems (BESS) with four 490 MWh projects in Latvia and Rolls-Royce delivering end-to-end scope, indicating demand for storage solutions, integration services, grid services, and retrofits for existing solar assets.

Heating Solutions Sunly is launching a heating solutions service line, offering potential for energy efficiency retrofits, district heating integration, and electrification of heating assets in commercial and municipal sectors, creating cross-sell opportunities to energy efficiency programs.

Financial Scale With a funding level around 799M and revenue in the low millions, Sunly represents a high-growth, asset-light to asset-developer profile that could engage investors, EPC contractors, and technology vendors seeking project finance, risk-sharing structures, and collaboration on large-scale renewables and storage deployments.

Strategic Partnerships Recent collaboration with Rolls-Royce for turnkey BESS projects and multiple press releases signaling rapid expansion create openings for technology partners, equipment suppliers, and engineering firms to align on near-term project wins and joint ventures in Baltic and Northern European markets.

Similar companies to Sunly

Sunly Tech Stack

Sunly uses 8 technology products and services including Hotjar, Apache Spark, AutoCAD, and more. Explore Sunly's tech stack below.

Media & News

Sunly's Email Address Formats

Sunly uses at least 1 email format:
Sunly Email FormatsExamplePercentage
First.Last@sunly.eeJohn.Doe@sunly.ee
100%

Frequently Asked Questions

What is Sunly's official website and social media links?

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Sunly's official website is sunly.ee and has social profiles on LinkedIn and Crunchbase.

How much revenue does Sunly generate?

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As of August 2026, Sunly's annual revenue is estimated to be $1M - $10M.

What is Sunly's NAICS code?

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Sunly's NAICS code is 2211 - Electric Power Generation, Transmission and Distribution.

How many employees does Sunly have currently?

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As of August 2026, Sunly has approximately 146 employees across 3 continents, including Europe, Asia and North America. Key team members include Ceo And Founder: P. L., Cto / Member Of The Management Board: E. K. and Chief Financial Officer: K. K. Explore Sunly's employee directory with LeadIQ.

What industry does Sunly belong to?

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Sunly operates in the Renewable Energy Power Generation industry.

What technology does Sunly use?

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Sunly's tech stack includes Hotjar, Apache Spark, AutoCAD, GitHub, WordPress, Mailgun, Azure Active Directory and Greenhouse.

What is Sunly's email format?

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Sunly's email format typically follows the pattern of First.Last@sunly.ee. Find more Sunly email formats with LeadIQ.

How much funding has Sunly raised to date?

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As of August 2026, Sunly has raised $799M in funding. The last funding round occurred on Jul 31, 2025 for $97M.

When was Sunly founded?

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Sunly was founded in 2019.
Sunly logo

Sunly

Renewable Energy Power GenerationHarju Maakond, Estonia51-200 Employees

Sunly is an independent energy producer that develops renewable energy projects in the Baltics and Poland, and also manages a portfolio of renewable energy and electrification start-ups in Estonia. The company operates in the renewable energy power generation sector and maintains local teams in Estonia, Latvia, Lithuania and Poland. Sunly was established by the 4Energia team after the sale of 4Energia shares to Enefit Green AS, at a time when 4Energia was the largest renewable energy company in the Baltics. The company is based in Estonia at 60 5 Telliskivi Põhja-tallinna, Harju Maakond 10412. Recent news indicates expansion of facilities to Latvia and Northern Europe and development of four utility-scale battery energy storage systems in Latvia, with Rolls-Royce Power Systems named as a partner.

Section iconCompany Overview

Website
sunly.ee
NAICS Code
2211 - Electric Power Generation, Transmission and Distribution
Founded
2019
Employees
51-200

Section iconFunding & Financials

  • $799M

    Sunly has raised a total of $799M of funding over 6 rounds. Their latest funding round was raised on Jul 31, 2025 in the amount of $97M as a Debt Financing.

  • $1M - $10M

    Sunly's revenue is estimated to be in the range of $1M - $10M

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