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
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
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''s energy storage sector is rapidly evolving to meet EU sustainability goals. This article explores companies developing energy storage power stations in Latvia, market trends, and the role of battery
Latvenergo said it will build the battery energy storage system (BESS) projects in response to increasing demand for flexibility and to synergise with its hydropower, gas-fired plants
As of 2023, global market trends indicate a significant increase in energy storage deployments, with Europe alone witnessing a 70% year-on-year increase in battery storage
Discover how Latvia''s innovative energy storage initiatives are reshaping grid stability and renewable integration. This deep dive explores technical breakthroughs, market trends, and the strategic
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
Elenger Grupp acquires 100% of Latvia-based Mood Deco, securing an early-stage battery energy storage project to advance its Baltic energy strategy.
The battery has been trading in Latvian balancing markets and wholesale markets through Capalo Zeus VPP since the third quarter of 2025. The project is Agrolats Group''s first battery
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