Estonia

/LONDON, June 1, 2026, 9:00 BST, RENEWABLE MARKET WATCH™/ The European Investment Bank (EIB) has invested €20 million as part of the inaugural green bond issuance by Eesti Energia, a leading Estonian energy company.

/TALLINN, ESTONIA, November 1, 2024, 9:00 GMT, Sunly/ This autumn, the renewable energy company Sunly started work on three large solar park projects in Latvia, with a combined capacity reaching 225 MW. These projects will be capable of meeting the annual electricity consumption of over 118.000 households. The parks are planned to be developed in the Valmiera, Krāslava, and Madona regions. Work has already begun on the first project in Valmiera Municipality, where a 54 MW solar park will be developed near Matīši village. Simultaneously, work has commerced on a substation…

/3rd April 2019, RENEWABLE MARKET WATCHTM/ Estonia is the second-largest emitter of CO2 per capita in the European Union and by far the most carbon-intensive economy among the OECD countries. The reason for that is oil shale, a sedimentary rock that has been mined in Estonia for electricity generation since the fifties and, since recently, has also been used for liquid diesel fuel production. Over 90 per cent of Estonia’s CO2 emissions come from burning oil shale for electricity, and oil shale contributes significantly to other pollution and waste levels in…