Energy storage of EK SOLAR power branch in Latvia
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Latvia solar storage: Impressive €37.9M Boost Secured
Nov 21, 2025 · Such green financing is essential for covering the significant upfront costs associated with sourcing solar panel raw materials and constructing large-scale power plants.
European Energy divests combined solar and battery park in Latvia
Oct 24, 2025 · The Saldus project combines a 65 MW solar PV facility with a 46 MW battery energy storage system (BESS). Construction began in July 2025 and is expected to be
European Energy and Luminor finance hybrid solar project in Latvia
Nov 13, 2025 · A 65 MW solar and 92 MWh storage project by European Energy, Sampension and Luminor in Latvia advanced the country''s transition toward greater grid flexibility.
Latvia''s path to energy transition: Expanding
Jun 19, 2025 · In Latvia, renewable energy sources account for a significant portion of the country''s electricity generation, with a target of 57% by
Latvian Grid Energy Storage Project: Powering a Sustainable
Discover how Latvia''s innovative energy storage initiatives are reshaping grid stability and renewable integration. This deep dive explores technical breakthroughs, market trends, and
Niam and Evecon to build Latvian solar-plus-storage portfolio
Sep 13, 2024 · Image: Evecon. Clean energy investment company Niam Infrastructure and Estonian renewable power developer Evecon have announced plans to build a new solar-plus
European Energy gets EUR-38m loan for solar, storage site in Latvia
Nov 10, 2025 · Danish renewables developer European Energy has obtained EUR 37.9 million (USD 43.8m) in long-term project financing for a solar-plus-storage project in Latvia, which is
European Energy secures financing for hybrid solar and storage
Nov 10, 2025 · European Energy has secured EUR 37.9 million of long-term project financing for a hybrid solar and battery storage project in Saldus, Latvia. Once operational, it will be among
European Energy divests combined solar and battery park in Latvia
Oct 24, 2025 · European Energy has more than 1 GW of projects in development in Latvia, covering onshore wind, solar, and battery storage. Latvia has set ambitious climate goals,
Energy storage of EK SOLAR power branch in Latvia
Gas Storage Latvia owns the only functioning gas storage Graph 6: Latvia''''s energy retail prices for industry (top) and households (bottom) Latvia installed 0.04 GW of solar power capacity
Niam and Evecon to build Latvian solar-plus
Sep 13, 2024 · Image: Evecon. Clean energy investment company Niam Infrastructure and Estonian renewable power developer Evecon have
Latvia''s path to energy transition: Expanding renewable energy
Jun 19, 2025 · In Latvia, renewable energy sources account for a significant portion of the country''s electricity generation, with a target of 57% by 2030 [1]. Hydroelectric power is the
Technical FAQs 4
When will battery energy storage systems be installed in Latvia?
The most recent update regarding BESS installations is that in Tume and Rēzekne, Latvia’s transmission system operator “Augstsprieguma tīkli” (AST) in June 2025 installed battery energy storage systems with a combined capacity of 80 MW and 160 MWh, which will undergo testing until October 2025.
What is the main source of renewable electricity in Latvia?
Hydroelectric power is the main source of renewable electricity in Latvia, followed by solar, wind and biomass cogeneration plants. In 2024, solar power in Latvia grew over 3.1 times to 6.7% of total electricity, becoming the third-largest source, while wind reached a record 38 GWh and hydropower, despite a 16% drop, still provided 54%.
Who is responsible for the energy transition in Latvia?
Local authorities are responsible for municipal energy supply and renewable energy projects, with Latvia’s energy transition guided by the National Energy and Climate Plan and the Energy Strategy 2050.
What is Latvia's Energy Strategy 2050?
Latvia’s Energy Strategy 2050 outlines major changes in renewable energy production and storage, with significant investments planned in wind, solar, biomass, and biogas, as well as in energy storage technologies like batteries and subsurface systems to ensure supply stability .
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