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Sorainen Advised Sunly City on Implementation of New Business Model

Sorainen Advised Sunly City on Implementation of New Business Model

Estonia
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Sorainen has advised Sunly City on the implementation of a new business model for electricity consumers, and on developing and drafting customer contracts for solar energy solutions.

Sunly City is an energy company focused on renewable energy and clean-tech innovation in the Baltics.

According to Sorainen, “Sunly City uses an innovative business model where the cost of the initial investment for the customer is non-existent. The customer can either rent solar panels or buy solar electricity from Sunly City solar panels installed on their lot. Sunly City’s energy solutions have proven to be attractive – recently Sunly City signed its first customer agreement with Estanc to build a 100kw solar park on the roof of Estanc’s building, allowing the plant to reduce their electricity consumption and CO2 footprint without investing in solar panel technology itself.”

Sorainen’s team in Estonia consisted of Partner Kaupo Lepasepp and Senior Associate Kaspar Endrikson.

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