Latvia plans to build energy storage projects

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Latvenergo plans 250 MW of energy storage by 2030

Feb 24, 2025 · Latvian state-owned utility Latvenergo AS has decided to invest in a new business area in its portfolio with plans to install 250 MW/500 MWh of battery energy storage capacity

Niam Infrastructure and Evecon advance 110 MW Renewable Energy

May 15, 2025 · Total installed capacity grows to over 75 MW as new solar and energy storage projects begins construction. Niam Infrastructure, a Nordic real assets investor, announces the

Latvenergo Accelerates Energy Storage with 250 MW Target

Feb 25, 2025 · Latvenergo, Latvia''s leading energy company, plans to install 250 megawatts (MW) of energy storage capacity by 2030. This ambitious target is part of a broader strategy to

Latvia: Latvenergo to deploy 250MW/500MWh BESS by 2030

Feb 24, 2025 · A solar PV plant in Latvia that Latvenergo deployed via subsidiary Elektrum. Image: Latvenergo. Latvia state-owned utility and power generation firm Latvenergo intends to

Niam, Evecon launch 110 MW Latvian solar storage initiative

Sep 14, 2024 · The Collaboration of Niam, Evecon will also introduce 26 MW of energy storage linked to solar installations. (Photo Credit: Niam Infrastructure) Sweden- based Niam

Latvenergo invests in plans to become the Baltic market

Feb 21, 2025 · Latvenergo, a state-owned energy company based in Latvia, plans are to expand its generation portfolio with the development of battery energy storage systems (BESS),

SUNOTEC Acquires 400MWp Solar, 600MWh BESS Project Site in Latvia

Jul 13, 2025 · European renewable energy provider SUNOTEC has finalized the acquisition of SIA DSE Lazas Solar''s solar and energy storage project in Latvia from Danish Sun Energy. This

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

Latvia''s largest battery energy storage system unveiled

Nov 1, 2024 · The largest energy storage battery system will provide energy storage to transfer the generated electricity to users when there is a shortage in the electricity system. The

Latvenergo invests heavily in battery systems, plans to

Feb 18, 2025 · A growing demand in the energy market for battery energy storage system (BESS) technologies is developing currently, and the trend is expected to remain stable in the future.

Sunly secures €85M in loans to build solar parks across Latvia

Aug 5, 2025 · Tallinn-based renewable energy company Sunly has secured €84.8 million in loans from the European Investment Bank (EIB), the European Bank for Reconstruction and

Latvia''s path to energy transition: Expanding renewable energy

Jun 19, 2025 · Latvia''s Recovery and Resilience Plan plays a key role in the energy transition, supporting economic recovery through major investments in renewables like wind, solar, and

FAQS 4

What is Latvia's recovery and Resilience Plan?

Latvia’s Recovery and Resilience Plan plays a key role in the energy transition, supporting economic recovery through major investments in renewables like wind, solar, and biomass, as well as initiatives such as a 60 MW Battery Energy Storage System by 2026 and cross-border projects to synchronize with Continental Europe .

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 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 .

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.

Latvia plans to build energy storage projects

Solar Battery & Energy Storage Insights - South Africa