Slovenian company NGEN Group enters Latvia: will develop energy

The planned electricity storage station will expand the possibilities for balancing electricity capacity in Latvia and the Baltics, while simultaneously strengthening the country''s energy security

NGEN enters Latvia with battery project buy, EUR 50m investment

Riga, Latvia – Slovenia''s NGEN Group is making a meaningful push into the Baltic energy market with a substantial investment in Latvia. The company is poised to acquire a battery energy

Latvenergo invests heavily in battery systems, plans to become the

The first BESS projects are being implemented in Latvia and at Latvenergo production sites – starting with the smaller-scale BESS at Latvenergo AS CHPP-1 and continuing with larger

Latvia grid battery sync: Impressive 2025 power boost

The state-owned utility company, Latvenergo, has commissioned two key battery energy storage systems (BESS) in Rēzekne (60 MW/120 MWh) and Tume (20 MW/40 MWh), bolstering the

European Energy secures financing for hybrid solar and storage

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 the most

Latvenergo positive about Baltics'' battery-powered future

The first BESS projects are being implemented in Latvia and at Latvenergo production sites – starting with the smaller-scale BESS at Latvenergo AS CHPP-1 and continuing with larger

Latvia adds big batteries to complete grid sync with Europe, two major

The addition of two utility-scale battery energy storage systems (BESS) in Latvia marks the final milestone in synchronizing the Baltic power grids with continental Europe, according to the

Batteries | AST

In order to provide power reserves, with Decree No.674 of 24 September 2024, the Republic of Latvia''s Cabinet of Ministers gave permission for AST to acquire, install and operate

Latvia''s path to energy transition: Expanding renewable energy and

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

NGEN enters Latvia with battery project buy, EUR 50m investment plan

Slovenian energy system solutions provider NGEN Group announced its entrance into the Latvian market with the acquisition of a 100-MW/200-MWh battery storage project and a EUR-50