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Solar park in Latvia from independent power producer Sunly.

Lithuania’s Ignitis Group secures funds for 239MW Latvia PV portfolio

May 19, 2025
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.
european energy

European Energy secures financing for 148MW solar project in Latvia

March 6, 2025
Danish renewables firm European Energy has secured €68 million (US$73.4 million) in financing for a 148MWp solar PV plant in Latvia.
Solar park in Latvia from independent power producer Sunly.

Sunly breaks ground on 225MW solar PV parks in Latvia

November 1, 2024
Estonian independent power producer Sunly has started construction on three utility-scale solar PV parks in Latvia.
Solar park in Latvia from independent power producer Sunly.

Sunly secures €300 million to fund 1.3GW renewables portfolio in Baltics and Poland

August 28, 2024
One of the first projects to benefit from Sunly's securing the €300 million debt financing is a 244MW solar PV plant in Estonia.
Sweden saw new capacity additions almost double between 2022 and 2023.
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Solar targets up across the piece

August 13, 2024
George Heynes charts the key market developments in the EU countries of Northern Europe, as well as non-EU members, Norway and the UK.
Green Genius has a total capacity of 503MW of solar power in its Lithuanian pipeline. Image: Green Genius

Green Genius to invest €179 million into 198.8MW Baltic solar portfolio

September 21, 2023
A European Energy solar project in Latvia. Image: European Energy

European Energy to build 115MW Latvian PV project

August 21, 2023
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.
Green Genius has recently made several project announcements in the Baltics. Image: Green Genius.

Lithuanian fund acquires 10 Latvian PV projects

July 20, 2023
Modus Asset Management has taken owership of a of a 55MW ground-mounted solar PV portfolio in Latvia from renewables developer Evecon, through its Clean Energy Infrastructure Fund.
Green Genius has recently made several project announcements in the Baltics. Image: Green Genius.
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Faster development of solar PV projects in the Baltics makes up for land scarcity

January 25, 2023
Fast solar project completion times mean the Baltics are becoming increasingly attractive to developers compared with other European markets.
Image: Unsplash

Green Genius to develop a 100MW solar PV project in Latvia

January 13, 2023
Renewables developer Green Genius is planning to build a 100MW solar PV project in Latvia, its first in the Baltic country.

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