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
Latvia expects a 30-fold increase in wind power generation by the early 2030s, primarily based on offshore wind plans, including the ELWIND project. For solar energy, expectations include a 297-fold
As Latvia strengthens its commitment to renewable energy and energy independence, an increasing number of government-backed subsidies and loan programs are available in 2025 for
These developments highlight the country''s commitment to reducing reliance on fossil fuels, enhancing energy storage capabilities, and promoting innovation in renewable energy projects.
By focusing on local renewable energy, such as wind and solar, and integrating battery energy storage systems at a single connection point with direct lines to consumers, the Baltic states
As Latvia looks toward achieving its 2050 climate neutrality target, actions taken today will inform the pace and scale of the country''s energy transition.
The project queue is significantly larger than the existing generation capacity in Latvia (3.3 GW) and more than 5 times the current and short term forecasted demand capacity.
Copenhagen, Denmark, October 23rd, 2025 – European Energy has agreed to divest 50 per cent of its Saldus project in Latvia to Sampension, one of Denmark''s largest pension funds. The
There are currently 45 onshore wind projects with EIAs expected to be completed in 2025 (one EIA was completed in 2024). Without regulatory amendments, these projects will not have grid access in the
Solar and wind energy production alone experienced an impressive 92% surge in 2023 compared to 2022, and this momentum shows no signs of slowing down. Building on these achievements, Latvia
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