Latvia

/LONDON, June 17, 2026, 10:00 BST, RENEWABLE MARKET WATCH™/ The European Investment Bank (EIB) has invested €20 million in green bonds issued by Latvenergo, Latvia’s state-owned energy leader.

/LONDON, October 14, 2025, 16:00 CET, RENEWABLE MARKET WATCH™/ Apple Inc. has taken a decisive step in reinforcing its commitment to renewable energy development by announcing the expansion of its clean energy portfolio in Europe. The company has entered into new Power Purchase Agreements (PPAs) for large-scale solar and wind projects in Greece, Italy, Latvia, […]

/RIGA, LATVIA, September 22, 2025, 11:00 CET, RENEWABLE MARKET WATCH™/ The 72.5 megawatt (MW) Stelpe Solar Farm II, developed by Ignitis Renewables, an international green energy company, has officially commenced commercial operations. Situated in the southern region of Latvia, within the Bauska municipality, the solar farm spans 85 hectares and is equipped with 121,000 solar panels.

/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 30, 2025, 10:00 CET, Sunly/ The Latvian Investment and Development Agency (LIAA) has granted Priority Investment Project status to Sunly’s planned wind and solar energy projects in Saldus Municipality’s Zirņi Parish and Kuldīga Municipality’s Skrunda Parish. The plans include the development of a wind park with a capacity of up to 200 MW. In parallel, construction of the first phase (~100 MW) of Sunly’s solar park in Zirņi Parish is already underway.

/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 […]

/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…

/27th May 2019, RENEWABLE MARKET WATCHTM/ SIA Eolus, a subsidiary of Sweden's Eolus Vind AB plans to build a €250m wind farm in Dobele and Tukums municipalities. This landmark wind farm project in Latvia has been included in the Central East and South East Europe Wind Power Market Outlook 2018÷2027, reported the Renewable Market Watch™. Eolus said that a total of 51 turbines are to be set up, with annual electricity production at 0.7 TWh - about 10% of Latvia's yearly energy consumption. "The growing efficiency of wind turbines makes…