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.

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.

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.

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.

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.

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.

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.

The fresh investment will certainly aid IPP expand its renewable energy projects in Poland and also the Baltics

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.

Project in the Ventspils area will certainly be the country's biggest PV park as well as programmer's very first in the country