Baltic Region

/LONDON, June 16, 2026, 13:00 BST, RENEWABLE MARKET WATCH™/ The European Investment Bank (EIB) has finalised a strategic financing package for the Kelmė wind farm in Lithuania—currently the largest operational wind energy facility in the Baltic region—by extending an additional €150 million loan to Ignitis Group. This targeted financial support reinforces the project’s status as […]

/VILNIUS, LITHUANIA, August 29, 2025, 9:15 CET, RENEWABLE MARKET WATCH™/ Ignitis Group, an integrated utility focused on renewable energy, is expected to start construction of battery energy storage systems (BESS) in Lithuania soon. The company will implement these BESS plants in the areas around Kelmė, Mažeikiai, and Kruonis. With a combined capacity of 291 MW […]

/WARSAW, POLAND, August 25, 2025, 11:00 CET, RENEWABLE MARKET WATCH™/ Ignitis Renewables, a leading international company in the green energy sector, has proudly announced the completion of its latest significant project: the Silesia Wind Farm II. Nestled in the picturesque landscape of southern Poland, in the Opole Voivodeship, this state-of-the-art wind farm has officially commenced […]

/RIGA, LATVIA, August 21, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ The transformer is the central component of Tume Solar Park, ensuring efficient energy conversion for transmission into the high-voltage grid.

/RIGA, LATVIA, August 8, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Ignitis Renewables, an international green energy company, is expanding its presence in Latvia. Recently, they announced that the Vārme solar farm has begun operations, and today, the Stelpe Solar Farm I has officially reached its commercial operation date. Spanning 85 hectares, this power plant has […]

/RIGA, LATVIA, June 25, 2025, 9:00 CET, Sunly/ This project in Latvia is one of the largest renewable energy projects in the region and ranks among the top 10 largest solar projects planned at the national level. Construction began in late 2024 and is progressing steadily toward full operation in 2026. “The construction process is […]