Latvia

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.

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.

Fast solar project completion times mean the Baltics are becoming increasingly attractive to developers compared with other European markets.

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

Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian developer with a 300MWp portfolio of solar PV.

Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian renewables company which is developing a 200MW wind and solar project in the country.