Latvia's 115MW Solar Farm: Powering a Greener Future.
- European Energy is set to build a 115MW solar farm in Broceni, Latvia. Generating 120,000MWh of renewable electricity annually, this project will lead to reduced electricity and heating costs for citizens, helping Latvia transition to a greener economy. European Energy's portfolio of 1.5GW of renewable energy projects in Latvia shows their commitment to sustainability.
European Energy is set to build a 115MW solar farm in Broceni, Latvia. Once completed in 2025, the solar farm is expected to generate 120,000MWh of renewable electricity annually. This could lead to reduced electricity and heating costs for citizens. European Energy's ongoing portfolio of wind and solar projects in Latvia has a combined capacity of 1.5GW. This projects underscore the company's commitment to making renewable energy accessible to all. Alnis Baliņs Head of European Energy Latvia said the project will significantly contribute to the nation's energy grid and catalyse the shift towards a greener economy. Thorvald Spanggard, Executive Vice President and Head of Project Development at European Energy, added that the company is proud to be part of Latvia's journey towards a sustainable future.
What Impact Could European Energy's 115MW Solar Farm in Latvia Have?
- The 115MW solar farm in Latvia could reduce electricity and heating costs for the citizens, providing them with a more affordable source of energy.
- European Energy's portfolio of wind and solar projects in Latvia has a combined capacity of 1.5GW, demonstrating the company's dedication to providing renewable energy to all.
- The solar farm will contribute to the nation's energy grid and help to facilitate the transition to a greener economy.
- By 2025, the solar farm is expected to generate 120,000MWh of renewable electricity annually.
- Furthermore, the solar farm could create new business opportunities in the renewable energy sector for Latvian companies.
- The successful completion of this project would help to boost the Latvian economy and create more jobs in the renewable energy sector.
