Where is the first battery energy storage system in Latvia?

On November 1 Latvia’s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total power of 10 MW and capacity of 20 MWh in Targale, Ventspils region.

Are new wind farms a good investment for Latvia's energy security?

I am pleased that the bar has been set high for developers of new wind farms, which also plays an important role in the context of Latvia’s energy security,” said Climate and Energy Minister of Latvia, Kaspars Melnis. Given the total investment in the project, the OP Corporate Bank provided loan financing.

Why should Latvia invest in green energy?

As global demand for green energy rises, these partnerships represent logical steps toward Latvia’s commitment to energy independence and sustainability. Green energy isn’t just a vision for the future though. We’ve already made substantial strides in sustainably managing our natural resources, and the numbers speak for themselves.

Is Latvia ready for a green energy transition?

Solar and wind energy production alone experienced an impressive 92% surge in 2023 compared to 2022, and this momentum shows no signs of slowing down. Building on these achievements, Latvia has set ambitious targets for its green energy transition.

Is Latvia moving towards sustainable transportation?

This is nearly at the ambitious 44.3% target set for 2025 and well above the EU average of 23%. The reduction in natural gas usage over the past decade is impressive as well; we’ve decreased it by 38.5%. The gradual rise in electric vehicle adoption signals Latvia’s shift toward sustainable transportation as well.

Why is electric vehicle adoption growing in Latvia?

The gradual rise in electric vehicle adoption signals Latvia’s shift toward sustainable transportation as well. The remarkable growth over the past couple of years shows great potential for achieving our future goals of cleaner energy, zero emissions, and sustainable independence.