Danish renewable energy developer European Energy is set to build a 115MW solar plant in Latvia, near the town of Brocēni in the Saldus region.
One of the largest in Latvia, the solar plant marks a key milestone in the country's shift to a green future.
The plant is in its final development phase and will be connected to the grid by 2025.
It will produce 120,000MWh of clean electricity per year, enough to meet the needs of 57,000 Latvian homes.
European Energy executive vice-president and project development head Thorvald Spanggard stated: “With its high capacity, the green power generated in Brocēni will significantly contribute to our nation’s energy grid, catalysing Latvia’s shift towards a greener economy while positively impacting the electricity market in the long run.
“As we continue to expand renewable energy infrastructure, we envision a stronger impact on our economy and energy security, ultimately benefiting citizens through reduced electricity and heating costs.”
The company entered the Latvian market in 2020. Its upcoming portfolio of wind and solar will give it a combined capacity of 1.5GW.
In May 2023, it gained a permit for the construction of a 250MW solar plant in Sicily, Italy.
The solar plant will power 130,000 households while avoiding 165,000 tonnes of carbon emissions annually.