Evecon is a Baltic-based renewable energy developer and EPC contractor, active in large-scale solar, wind, and energy storage projects, with operations in Estonia, Latvia, and
Get a quoteEvecon is an Estonian energy company whose main activity is the construction of wind and solar parks in Estonia, Latvia and Lithuania. By now, Evecon has completed
Get a quoteManaged by Utilitas, Latvia''s largest wind energy producer, this project combines wind energy generation with advanced storage capabilities, setting a new standard for renewable energy
Get a quoteLarge-scale BESS project sales in the Baltic region, with Aura Power selling to Karjerų linija and Danish Sun Energy selling to Sunotec.
Get a quoteEuropean energy storage project 10 MW EDP Renewables has started the construction of its first stand-alone battery energy storage (BESS) project in Europe, a milestone that materializes
Get a quoteEvecon is an Estonian energy company whose main activity is the construction of wind and solar parks in Estonia, Latvia and Lithuania. By now, Evecon has completed
Get a quoteOn November 1 Latvia''s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total
Get a quoteA growing demand in the energy market for battery energy storage system (BESS) technologies is developing currently, and the trend is expected to remain stable in the future.
Get a quoteDiscover the leading players shaping Latvia''s energy future. Liepaja, a hub for renewable energy innovation, relies on specialized construction firms to deliver cutting-edge power generation
Get a quoteEolus has sold the greenfield-developed wind power project Pienava, totaling 147 MW, to Latvenergo, Latvia''s state-owned energy company. Construction is expected to begin
Get a quoteOn November 1 Latvia''s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total power of 10 MW and capacity of 20
Get a quoteNiam Infrastructure, a Nordic real assets investor, announces the launch of the second phase of its renewable energy platform in Latvia, developed in partnership with Baltic
Get a quoteThe Tārgale wind park, managed by Utilitas, the country''''s largest wind energy producer, combines wind energy generation with advanced storage capabilities, setting a new standard
Get a quoteLatvia''s Energy Strategy 2050 outlines major changes in renewable energy production and storage, with significant investments planned in wind, solar, biomass, and
Get a quote"Electricity production from renewable sources in Latvia has seen significant growth in recent years, but the momentum gained so far is not
Get a quote"Electricity production from renewable sources in Latvia has seen significant growth in recent years, but the momentum gained so far is not enough, and there is still too little solar
Get a quoteEuropean Energy has started the construction of a major solar farm in Latvia. The 148MW project is located near Targale in Ventspils county and, as one of the largest in the
Get a quoteExplore opportunities in Latvia''s renewable energy sector: wind, solar, biomass, storage solutions, and a supportive framework.
Get a quoteThe project, which is Latvia''s largest wind power project to date, comprises 21 wind turbines with an expected capacity of 147 MW. Construction is expected to commence
Get a quoteNiam Infrastructure, a Nordic real assets investor, announces the launch of the second phase of its renewable energy platform in Latvia, developed in partnership with Baltic
Get a quoteSwedish investment firm Niam and Estonian developer Evecon have formed a partnership to implement solar energy and energy storage projects in Latvia. Under this
Get a quoteThe company has emphasized its commitment to engaging with local communities around the development sites to ensure a collaborative approach in the project''s execution.
Get a quoteThe solar farm will feature 240,000 solar panels, contributing to the country''s energy independence and increasing the share of renewables in the overall energy mix. Despite
Get a quoteEvecon is a Baltic-based renewable energy developer and EPC contractor, active in large-scale solar, wind, and energy storage projects, with
Get a quoteEolus has sold the greenfield-developed wind power project Pienava, totaling 147 MW, to Latvenergo, Latvia''s state-owned energy
Get a quoteSunly secured €300 million to accelerate 1.3 GW of solar, wind, and storage projects in the Baltics and Poland. Initial projects include a 244 MW Estonia solar farm and
Get a quoteThe project will involve the construction of sixteen wind turbines (6.8 MW each) with a maximum height of 266.5 metres, and, for the first time in the history of the country, a
Get a quoteOn November 1 Latvia’s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total power of 10 MW and capacity of 20 MWh in Targale, Ventspils region.
Yes, Latvia has an offshore wind farm, as it is part of the joint project of the Latvian and Estonian offshore wind farm, which is included in the Latvian National Energy and Climate Plan for 2030.
Sun constantly creates an air flow in the atmosphere – wind – which captured can be used to produce electricity. Harnessing wind doesn’t require any kind of extraction, transportation or combustion of any raw material. The source of wind energy is inexhaustible. And the good news is that wind is available in large quantities in Latvia. Eco friendly
Latvenergo.lv. Archived from the original on 9 September 2022. Retrieved 9 September 2022. ^ "Development of wind parks is possible in whole Latvia's territory - LVM". The Baltic Times. Archived from the original on 9 September 2022. Retrieved 9 September 2022. ^ "Prime Minister: investment in wind farms to reach one billion euros".
The Elwind project in Latvia is expected to increase energy security and potentially decrease energy production costs in the future. Additionally, the energy produced will become greener.
The global industrial and commercial energy storage market is experiencing unprecedented growth, with demand increasing by over 350% in the past three years. Energy storage cabinets and lithium battery solutions now account for approximately 40% of all new commercial energy installations worldwide. North America leads with a 38% market share, driven by corporate sustainability goals and federal investment tax credits that reduce total system costs by 25-30%. Europe follows with a 32% market share, where standardized energy storage cabinet designs have cut installation timelines by 55% compared to custom solutions. Asia-Pacific represents the fastest-growing region at a 45% CAGR, with manufacturing innovations reducing system prices by 18% annually. Emerging markets are adopting commercial energy storage for peak shaving and energy cost reduction, with typical payback periods of 3-5 years. Modern industrial installations now feature integrated systems with 50kWh to multi-megawatt capacity at costs below $450/kWh for complete energy solutions.
Technological advancements are dramatically improving energy storage cabinet and lithium battery performance while reducing costs for commercial applications. Next-generation battery management systems maintain optimal performance with 45% less energy loss, extending battery lifespan to 18+ years. Standardized plug-and-play designs have reduced installation costs from $900/kW to $500/kW since 2022. Smart integration features now allow industrial systems to operate as virtual power plants, increasing business savings by 35% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 25% for commercial storage installations. New modular designs enable capacity expansion through simple battery additions at just $400/kWh for incremental storage. These innovations have significantly improved ROI, with commercial projects typically achieving payback in 4-6 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (50-100kWh) starting at $22,000 and premium systems (200-500kWh) from $90,000, with flexible financing options available for businesses.