Sunly has started construction on the Risti Solar PV Plant, a 244MW project in Estonia poised to become the largest solar park in the Baltics. The €125 million investment will integrate solar energy, battery storage, and wind power, marking a significant milestone in Estonia's energy transition. . Risti 244 MW solar park is the first stage of the larger energy park constructed in the region by Sunly and Metsagrupp. Construction of the park will start in the second quarter of this year, with an expected completion time in early 2026. The 244 MW solar park, consisting of nearly 350,000 solar. . Once opened in 2026, it will be the biggest solar farm of the Baltics. It is located near Risti, 62 kilometres (38 miles) southwest of the. . EIB lends €31 million to Estonian renewable-energy company Sunly for a new solar park in the country, while SEB and Luminor will jointly contribute the same amount. The 45 MW site in Estonia is now fully operational, with a 32 MWh battery energy storage system in development to enhance grid flexibility and support renewable integration. The initiative has secured €62 million in financing, with the European Investment. .
