On November 1 Latvia’s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total power of 10 MW and capacity of 20 MWh in Targale, Ventspils region.
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%.
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’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 .
Our solar PV systems and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
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 deploy 250MW/500MWh of BESS …
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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 main source of renewable electricity in …
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On November 1 Latvia’s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total power of 10 MW and capacity of 20 …
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On November 1 Latvia’s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total power of 10 MW and capacity of 20 MWh in Targale, Ventspils …
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Why Energy Storage Operators Are Smiling (Most of the Time) energy storage power stations aren''t just fancy battery boxes. These technological marvels have become money-making …
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This project is located in the Baltic Sea region of Eastern Europe and involves the expansion of an energy storage system while supporting its existing solar power station. It is primarily driven by …
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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 …
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Summary Rapid growth of intermittent renewable power generation makes the identification of investment opportunities in energy storage and the establishment of their …
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Latvian energy storage power station profit model This paper considers the potential for energy storage in Latvia and Lithuania with a particular focus on electrical energy storage benefiting …
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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 …
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Investing in energy storage power stations is an intricate initiative that requires a multifaceted understanding of market dynamics, technological advancements, regulatory …
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The Latvian Energy Puzzle: Why Storage Containers Matter Now Latvia''s renewable energy capacity grew by 18% last quarter, but here''s the kicker – nearly 30% of that potential gets …
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Growing expertise in hydrogen pilots, energy storage, maritime digitalisation and smart city systems. Strong engineering and manufacturing capabilities supporting EV components, …
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