Latvian energy storage purchase

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

Energy storage systems are an essential element of Latvia''s path towards a sustainable and energy-independent future. The importance of these technologies is being

2024 Oct 18

SUNOTEC seals Latvian hybrid solar investment in landmark

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.

2025 Oct 07

Latvenergo invests in plans to become the Baltic market leader in

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),

2025 Sep 01

Latvenergo invests heavily in battery systems, plans to become

The plans of the Group to invest in battery energy storage system technology by installing 250 MW of power with a capacity of 500 MWh by 2030 is an affirmation of the

2024 Nov 18

European Energy Secures €37.9 Million Financing for Latvia''s

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

2024 Oct 28

Latvenergo positive about Baltics'' battery-powered future

The first BESS projects are being implemented in Latvia and at Latvenergo production sites – starting with the smaller-scale BESS at Latvenergo AS CHPP-1 and

2024 Feb 29

Niam, Evecon launch 110 MW Latvian solar storage initiative

Sweden- based Niam Infrastructure and Evecon have joined forces to develop up to 110 MW of renewable energy projects in Latvia, including 84 MW of solar power and 26 MW

2025 Feb 01

Impressive Latvian solar project stake sold by Energy Firm

In a significant move for the Baltic renewable energy landscape, European Energy has announced the sale of a 50% stake in a major solar-plus-storage project in Latvia. The

2025 Dec 05

Latvia''s path to energy transition: Expanding

Energy storage systems are an essential element of Latvia''s path towards a sustainable and energy-independent future. The

2025 Feb 14

Niam Infrastructure and Evecon partner up for 110 MW of solar & storage

Niam Infrastructure and Evecon have formed a partnership for the construction of up to 84 MWp of solar power and 26 MW of energy storage across 11 project sites in Latvia.

2026 Jan 04

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

This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage

2025 Nov 30

Latvenergo invests in plans to become the Baltic

Latvenergo, a state-owned energy company based in Latvia, plans are to expand its generation portfolio with the development of

2025 Sep 16

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4 FAQs about Latvian energy storage purchase

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?

Due to this, the government implemented a policy that focuses on the gradual growth of energy efficiency along with emphasis on the use of renewable energy resources. Latvia’s current government strategy outlines a path of energy transition from a heavy reliance on fossil fuel energy sources to an independent energy supply.

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 .

What is Latvia's first storage battery system?

In November 2024, Utilitas Wind Ltd inaugurated Latvia’s first storage battery system with a capacity of 10 MW and 20 MWh in Targale, next to the existing wind park.