European Energy has announced its plan to build a 110 MW solar photovoltaic plant located in the village of Tārgale in the Ventspils region of Latvia.
Once operational, the project is expected to generate approximately 110,000 MWh of green energy annually, enough to supply electricity consumption to around 52,000 households annually. The project is scheduled to be operational in 2024.
Country updates
-
-
May 17, 2021
Vestas to supply turbines for 59 MW Targale wind project
Vestas has been commissioned to supply turbines for the 59 MW Tagale wind project by the Estonian utility provider, Utilitas. The Targale project is located in Ventspils municipality in west...
Read more -
April 13, 2020
Marguerite Fund finalizes sale of AS Conexus Baltic Grid stake
After receiving relevant approvals from the State of Latvia, Marguerite Fund has closed the sale to Marubeni-backed MM Capital Infrastructure Fund 1 of its 29.06% interest in AS Conexus Baltic Grid, t...
Read more -
December 05, 2019
Marguerite signs SPA with MM Capital Infrastructure Fund 1 to divest its interests in AS Conexus Baltic Grid
Marguerite has signed a Sale Purchase agreement with Marubeni-backed MM Capital Infrastructure Fund I regarding the divestment of the Marguerite Fund’s 29.06% interest in AS Conexus Baltic Grid,...
Read more -
March 28, 2019
51-turbine wind project fails Latvian environmental impact assessment
After the failure to pass environmental protection standards, Latvian Wind Energy Association has rejected Eulus Vind AB’s proposal for 51-turbines wind farm. According to the authority, the te...
Read more -
November 29, 2018
BaltCap completes acquisition of 70% share in Latvian 4 MW biomass-fired project
BaltCap has completed the purchase of a 70% stake in a Latvian biomass combined heat and power plant Energia Verde from Energoeco. The facility is equipped with 18 MW HoSt Bio Energy Installations hi...
Read more
