RWE and Latvenergo have signed a Memorandum of Understanding (MoU) to develop, construct and operate offshore wind projects off the coast of Latvia in the Baltic Sea.
According to the National Energy and Climate Plan, by 2030, Latvia intends to raise its wind capacity from the present 70 MW to 800 MW.
No further details were given about specific projects.
Country updates
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June 20, 2022
European Energy to build 110 MW Targale solar PV project in Ventspils
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 gen...
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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...
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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...
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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,...
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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...
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