Latvia

Latvenergo Secures EUR 230M for Renewable Energy Expansion
Latvenergo secures €230M loan to boost renewable energy with four solar plants and hydropower upgrades, striving for 600 MW capacity by 2026 and climate-neutrality by 2040.
Dec 19, 2024 // Markets & Finance News, Grids, Europe, Latvia, Latvenergo
Utilitas Launches Latvia's First Utility-Scale Battery System
Revolutionizing energy storage, Utilitas unveils Latvia’s first 10 MW battery system—powering homes and electric cars while paving the way for a sustainable future!
Nov 4, 2024 // Storage, Europe, Latvia, Utilitas
European Energy Begins 148-MW Solar Project in Latvia
European Energy A/S breaks ground on its first Baltic solar park, a 148-MW project in Latvia, promising green electricity for 50,000 homes and boosting renewable energy independence.
Oct 4, 2024 // Plants, Large-Scale, Commercial, Europe, european energy, Solar Project, Latvia
Ignitis Commits to 174-MW Solar Project in Latvia
Ignitis Grupe AB is set to illuminate Latvia with a €106 million solar project, advancing its green energy quest for 4-5 GW by 2030.
Sep 4, 2024 // Plants, Large-Scale, Commercial, Europe, Solar Project, Latvia, Ignitis Grupe AB
Latvian Bank Funds Lithuanian Solar Parks
Latvia's Citadele Bank fuels green energy growth in Lithuania with EUR 19.8 million for solar parks by Estonian developer Evecon. Powering businesses and public institutions with sustainable electricity.
May 16, 2024 // Plants, Large-Scale, Commercial, Europe, PV Power Plant, Latvia
Merko Ehitus to Construct 93.5-MWp Solar Park in Latvia
Ignitis Group partners with AS Merko Ehitus to build a 93.5-MWp solar park in Latvia, a EUR 20 million project set for completion by August 2025.
Apr 24, 2024 // Plants, Large-Scale, Commercial, Europe, Solar Park, ignitis group, Latvia
Latvia's Solar Revolution: Luminor Bank Funds 19-MW Project
Luminor Bank AS partners with Merito Partners to finance a 19-MW solar park in Latvia, set to power 9,500 homes in Cesis and nearby areas.
Apr 3, 2024 // Plants, Large-Scale, Commercial, Europe, PV Power Plant, Latvia, Luminor Bank AS
Latvian Solar Boom: Ignitis Group's Record-Breaking Portfolio
Ignitis Group to build largest solar portfolio in Baltic states, powering 100,000 households annually with possibility of wind power hybridisation. Aiming for 4-5 GW green generation by 2030.
Feb 21, 2024 // Plants, Large-Scale, Commercial, Europe, ignitis group, Latvia
Latvia's Floating Solar Farm: DEREX Powers Sloka Plant
Derex has installed a 2.1MW floating solar farm in Latvia to power the Sloka wastewater treatment plant. By 2023, the Sungrow-designed system using RECOM Technologies' modules will reduce electricity costs and reliance on energy market rates while protecting the local ecosystem.
Dec 12, 2023 // Floating PV, Europe, Latvia, floating solar farm, DEREX Powers Sloka Plant
Ignitis Takes 239-MWp Solar Leap in Latvia
Ignitis Group makes historic FID to build 239-MWp solar capacity in Latvia - largest ever such investment in Baltic states. EUR 178 million investment to increase green generation of Ignitis to 4-5 GW by 2030, construction to start in 2021.
Nov 21, 2023 // Markets & Finance News, Europe, IGNITIS, Latvia
Green Genius: 200MW Solar Power Plants Planned in Baltics
Green Genius to build two solar power plants in Lithuania and Latvia with combined capacity of 200 MW. €179m investment to help decentralise energy sources and strengthen energy independence. Construction planned to start in 2024 and be operational in 2025.
Sep 21, 2023 // Plants, Large-Scale, Commercial, Europe, Lithuania, Green Genius, PV Power Plant, Latvia
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.
Aug 21, 2023 // Plants, Large-Scale, Commercial, Europe, european energy, PV Power Plant, Latvia
Sunly elevates EUR200m in new funding round
The fresh investment will certainly aid IPP expand its renewable energy projects in Poland and also the Baltics
Oct 13, 2022 // Markets & Finance News, Poland, Europe, Lithuania, Mirova, Raphael Lance, Sunly, Latvia, Priit Lepasepp
Ignitis to acquire owner of 200-MW wind-solar project in Latvia
Lithuanian energy business Ignitis Grupe AB (VSE: IGN1L) stated on Tuesday it has actually sealed a conditional deal to acquire a Latvian business creating a 200-MW hybrid wind-solar park project in its home country.
Sep 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, IGNITIS, Latvia, wind-solar project
European Energy to build 110MW Latvia solar farm
Project in the Ventspils area will certainly be the country's biggest PV park as well as programmer's very first in the country
Jun 16, 2022 // Plants, Large-Scale, Commercial, Europe, european energy, solar farm, Latvia, Gatis Zamurs