Latvian energy storage project subsidies
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Latvia''s largest battery energy storage system
This autumn, the Battery Energy Storage System (BESS) will be connected to the Latvian electricity transmission system, contributing. The total project investments amount to €7 million. "This is a historic moment
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Latvia Energy Grants 2025: Solar, Wind, and
Discover Latvia''s 2025 energy grants and subsidies for solar panels, wind turbines, heat pumps, and energy efficiency improvements. Freen helps homeowners and businesses access funding, plan projects,
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Latvia: Latvenergo to deploy
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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Unlocking Investment Opportunities in Latvia''s Energy Storage
The "real money" from the EU fund has already been in place. The €40 billion innovation fund provides a maximum subsidy of 30% of the investment cost for energy storage and hydrogen
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Latvia solar storage: Impressive €37.9M Boost Secured
Danish renewables company European Energy has secured €37.9 million in financing for a major hybrid solar and energy storage project in Latvia, a landmark
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European Energy secures financing for hybrid solar and storage project
European Energy has secured EUR 37.9 million of long-term project financing for a hybrid solar and battery storage project in Saldus, Latvia. Once operational, it will be among
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Latvia: Latvenergo to deploy 250MW/500MWh BESS by 2030
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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Latvia''s largest battery energy storage system unveiled
This autumn, the Battery Energy Storage System (BESS) will be connected to the Latvian electricity transmission system, contributing. The total project investments amount to
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Latvia''s path to energy transition: Expanding renewable energy
Latvia''s Energy Strategy 2050 outlines major changes in renewable energy production and storage, with significant investments planned in wind, solar, biomass, and
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Latvenergo plans 250 MW of energy storage by 2030
Latvian state-owned utility Latvenergo AS has decided to invest in a new business area in its portfolio with plans to install 250 MW/500 MWh of battery energy storage capacity
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Latvia Energy Grants 2025: Solar, Wind, and Efficiency Subsidies
Discover Latvia''s 2025 energy grants and subsidies for solar panels, wind turbines, heat pumps, and energy efficiency improvements. Freen helps homeowners and
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Latvia''s path to energy transition: Expanding
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
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Latvenergo plans 250 MW of energy storage
Latvian state-owned utility Latvenergo AS has decided to invest in a new business area in its portfolio with plans to install 250 MW/500 MWh of battery energy storage capacity by 2030, starting with a smaller
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Niam, Evecon launch 110 MW Latvian solar storage initiative
A 84 MW of solar and 26 MW of energy storage portfolio will be installed in Latvia under the Niam-Evecon partnership. Discover the full project details here.
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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
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What is Latvia's 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 .
Who is responsible for the energy transition in Latvia?
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.
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 .
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.
