The year 2020 was metamorphic not only for us or the renewable energy sector but also the entire world. The pandemic affected various industries, and the renewable energy sector is no different. Despite the US Energy Information Administration’s prediction that electricity consumption would likely fall by 3.9% year-on-year in 2020, SunContract has emerged stronger than ever. In 2020, we achieved record sales and revenue in electricity sales and energy self-sufficiency products.
Since our birth in 2016, we have prioritized complete transparency with our existing and potential stakeholders and consumers, thereby enabling you to make sound and informed business and financial…
The year 2020 was metamorphic not only for us or the renewable energy sector but also the entire world. The pandemic affected various industries, and the renewable energy sector is no different. Despite the US Energy Information Administration’s prediction that electricity consumption would likely fall by 3.9% year-on-year in 2020, SunContract has emerged stronger than ever. In 2020, we achieved record sales and revenue in electricity sales and energy self-sufficiency products.
Since our birth in 2016, we have prioritized complete transparency with our existing and potential stakeholders and consumers, thereby enabling you to make sound and informed business and financial…
Dear SunLovers,
We’re pleased to announce that SunContract, together with a consortium of partnering companies, were approved for an R&D grant amounting to €4,999,477.25 ($6.054M USD) to support a collabortive AI-based project we will be embarking on titled “I-NERGY”.
The overall vision and main objective of I-NERGY is to deliver an energy-specific, open, modular framework for supporting AI-on-Demand in the energy sector, by capitalising on state-of-the-art AI, as well as IoT, semantics and data analytics technologies.
I-NERGY will enable AI-based, cross-sector, multi-stakeholder analytic tools for integrated and optimised smart energy management, based on seamless data exchange under respective sovereignty and…
2020 Project Updates and Recap
Dear SunLovers,
This year, the global pandemic hit households and businesses left, right and center with unthinkable difficulties: from closed borders that disrupted entire supply chains, to lockdowns that paused business operations. Despite this, SunContract has proven its grit, working against all odds to meet its customers’ needs with the strong support of our partners and governing entities.
As 2020 comes to a close, we would like to share with you some important information regarding:
- An approved Estonia license application
- Event driven architecture (EDA) development that will make the SunContract platform scalable to 1M+ users
- Tripled energy producer contracts signed…
Dear SunLovers,
We’re very pleased to announce that together with our Slovenian partner SONCE energija and a consortium of partner companies, we have been selected for an R&D project — supported by EU grants amounting to €4,659,682 ($5.5 million USD) for research into how blockchain technology tools with science approaches and a multi-value service design can be used to boost Demand Response (DR) through increased community level consumer engagement.
What exactly is DR and why do we want to boost it?
Demand response in its most traditional form turns energy users into “virtual power plants” by adjusting their energy consumption during specific times to relieve stress on the grid. Instead of turning…
More than a revamped design
Dear SunLovers,
Last week we made an announcement regarding our new invoicing system which we have since rolled out. We’d like to thank all the parties that made it possible for us to give the SunContract invoice a face lift. From our local partner SONCE, to the European Regional Development Fund (ERDF) which partly financed the rolling out of this new invoice, we are eternally grateful.
What will the new electricity bill look like?
The purpose of this article is to get our energy customers and community members more acquainted with this invoice, how it differs from the previous invoicing system and to loop you in on the…
The off-grid mountain cottage is now, by the installed HES, self-sufficient and sustainable
The SunContract team and its partner SONCE have set up the first solar hybrid energy system in the heart of Gozd Martuljek, fully financed by the company. Gozd Martuljek is located in the Upper Carniola region of Slovenia.
What is a Solar Hybrid System?
Solar hybrid energy systems are systems that combine solar power from a photovoltaic source and store energy in battery systems for continuous operations. For high reliability, they can be combined with another power generating energy source. In the case of our client, the major source of energy is a solar power plant to produce electricity and a LiFePO4 battery for energy storage…
2019–Present Financial Position
Dear SunLovers,
We are delighted to share with you SunContract’s 2019 Project Update that details the project’s strong financial performance and outcomes across all its client offerings. We understand that this information is essential for a wide range of stakeholders and we want you to be able to make sound financial decisions.
From 2019 up to date, SunContract continued to deliver flexibility to its electricity customers while also delivering on its purpose to introduce new ways for energy customers to become more sustainable and self-sufficient.
Our balanced approach by business mix and focus underpins our ability to continue to perform…
Up to 40% lower electricity prices
Dear SunLovers,
At SunContract, we are working alongside public officials to help reduce the impact of COVID-19 in our community by additionally helping small business owners and households to reduce their electricity bills.
With an unprecedented number of people staying home to prevent the spread of COVID-19, we believe people should be focused on keeping their families safe and not on what time of day they should do laundry or wash dishes in order to save on energy.
Your health and safety = our priority
Dear SunLovers,
We have always worked hard to ensure that SunContract is a place where our customers, partners, community members and colleagues can always feel welcome and experience a sense of generosity.
Now, more than ever, our greatest priority is your health and safety. You, our customers, partners, community and team members, are essentially the foundation and backbone of the SunContract family.
Without you, there is simply no us.
During a globally challenging time like the one we are facing today, we would like to reassure you that while we continue to implement strict health, hygiene and safety standards as…
