Latvia

Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia.

Lithuanian government-owned utility and renewables developer Ignitis Group has completed its first 94MW solar project in Latvia.

Bulgarian-headquartered solar engineering company Sunotec has acquired 100% of the project company, SIA DSE Lazas Solar, from Danish Sun Energy. 

Lithuanian government-owned utility and renewables developer Ignitis Group has signed a financing deal with SwedBank to support 239MW of solar PV capacity in Latvia.

Danish renewables firm European Energy has secured €68 million (US$73.4 million) in financing for a 148MWp solar PV plant in Latvia.

Estonian independent power producer Sunly has started construction on three utility-scale solar PV parks in Latvia.

One of the first projects to benefit from Sunly's securing the €300 million debt financing is a 244MW solar PV plant in Estonia.

George Heynes charts the key market developments in the EU countries of Northern Europe, as well as non-EU members, Norway and the UK.

Renewables developer European Energy will build a 115MW solar PV project in Latvia, which it says will be one of the largest projects in the country.