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Latvia''s path to energy transition: Expanding renewable energy
Jun 19, 2025 · Latvia''s Energy Strategy 2050 outlines major changes in renewable energy production and storage, with significant investments planned in wind, solar, biomass, and
SUNOTEC seals Latvian hybrid solar investment in landmark
Jul 8, 2025 · SUNOTEC acquires 400 MWp solar-plus-600 MWh storage project in Latvia, targeting grid connection by 2027 and bolstering the country''s expanding clean-energy ambitions.
Latvia solar storage: Impressive €37.9M Boost Secured
Nov 21, 2025 · Danish renewables company European Energy has secured €37.9 million in financing for a major hybrid solar and energy storage project in Latvia, a landmark
European Energy Secures €37.9 Million Financing for Latvia''s
Nov 11, 2025 · European Energy has announced the successful securing of €37.9 million in long-term project financing from Luminor Bank to develop a hybrid solar and battery energy storage
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, Evecon launch 110 MW Latvian solar storage initiative
Sep 14, 2024 · A 84 MW of solar and 26 MW of energy storage portfolio will be installed in Latvia under the Niam-Evecon partnership. Discover the full project details here.
European Energy secures financing for hybrid solar and storage project
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
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
European Energy Secures €37 Million Financing for Latvia Hybrid Solar
Nov 10, 2025 · European Energy has obtained more than €37 million in long-term project financing from Luminor Bank to develop a hybrid solar and battery energy storage facility in
SUNOTEC acquires 400MW photovoltaic+600MWh energy storage project in Latvia
Jul 14, 2025 · On July 13th, SUNOTEC, a well-known European renewable energy service provider, officially completed the acquisition of SIA DSE Lazas Solar''s solar and energy
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 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.
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%.