Latvia

Taaleri Energia invests in a 112 MW wind farm in Latvia

Taaleri Energia’s SolarWind III Fund partners with Lords LB Asset Management to develop a 112 MW onshore wind project in Smiltene, scheduled for commissioning in early 2027.

EU allocates EUR76.3mn to support three cross-border energy projects

The European Commission allocates EUR76.3mn ($80.63mn) to three projects aiming to strengthen energy interconnections between Member States, focusing on onshore and offshore wind power and decarbonised district heating.

Vinci secures €885mn contract for Rail Baltica railway electrification

French group Vinci, through its subsidiary Cobra IS, will electrify 870 kilometres of rail tracks across the Baltic States as part of the Rail Baltica project, in a deal worth €885mn ($944mn).
en_1140180939540

Five new projects obtain CB RES status and join the Commission list

Five energy infrastructure projects have been added to the list of cross-border renewable projects, making them eligible for financial support under the CEF Energy programme.

Eesti Energia launches €200mn takeover bid to regain control of Enefit Green

Estonian state-owned energy group Eesti Energia plans to acquire all shares in its subsidiary Enefit Green in a voluntary takeover bid worth over €200mn, set to begin on April 8.

Latvenergo signs strategic agreement to deploy green hydrogen in Latvia

Latvenergo and H2Pro announce an agreement to concretely evaluate the operational and financial viability of decoupled electrolysis for industrial-scale hydrogen production, targeting Latvia's national energy infrastructure.
en_1140290952540-8

Baltic States Complete Integration into the European Power Grid

Lithuania, Estonia, and Latvia have finalized their synchronization with the European electricity grid, ending their dependence on Russian infrastructure. This project, funded with €1.6 billion, strengthens the region’s energy security.

Les pays baltes achèvent leur déconnexion énergétique de la Russie

La Lituanie, la Lettonie et l'Estonie vont couper leurs derniers liens avec le réseau électrique russe. Ce basculement, prévu le 8 février, marque leur intégration complète au réseau européen après des années de préparation et d'investissements.

Lithuania secures a strategic link with Poland for its European network

Lithuania strengthens the protection of the LitPol Link, its critical connection with Poland, ahead of its planned disconnection from the Russian power grid in February.
en_11401200540

The network operators launch feasibility studies for the Nordic-Baltic Hydrogen Corridor

Six European network operators initiate an in-depth feasibility phase to assess the technical and economic viability of a hydrogen corridor connecting several strategic markets.

Drop in Electricity Prices in Estonia Thanks to Wind and Imports

Electricity prices in Estonia fell by 9.6% in November, averaging €82.56/MWh, driven by increased wind energy production and higher-than-average temperatures.

Lithuania purchases an LNG terminal, strengthening its energy independence

Lithuania has finalized the purchase of a floating liquefied natural gas (LNG) terminal, named Independence, marking a decisive step in its strategy to reduce its historical dependence on Russian gas.
en_1140763540

EUs Energy Security Strengthened: Gas Storage Surpasses Targets Before Winter

EU’s Energy Security Strengthened: Gas Storage Surpasses Targets Before Winter

European Energy Launches Construction of Its First Solar Farm in Latvia

European Energy begins construction of the largest solar farm in Latvia, with a capacity of 148 MW. This project aims to strengthen the country's energy independence and increase the share of renewable energies.

EBRD invests 100 million euros in Green Genius for European expansion

The European Bank for Reconstruction and Development (EBRD) is investing 100 million euros in Green Genius, a renewable energy company, to support its expansion in Europe and strengthen the energy transition in the region.
en_1140790977540

Key study validates Nordic-Baltic hydrogen corridor

Nordic and Baltic gas transmission operators finalize a key study on the feasibility of a hydrogen corridor between Finland and Germany, defining the project's technical and economic parameters.

Three Projects Join European Renewable Energy List

The EU is adding three new renewable energy projects to the CB RES list, aimed at strengthening regional energy cooperation and supporting the transition to clean energy.

In 2025, the Baltic States will leave the Soviet-era electricity grid behind.

The Baltic states have announced their disconnection from the Soviet power grid by February 2025, marking a crucial step towards energy independence from Russia.
Indépendance énergétique baltes

EU invests €2.967 billion to modernize energy systems in 10 countries

The European Commission is allocating nearly 3 billion euros to support 39 energy projects in 10 member states, aimed at modernizing infrastructures and reducing CO2 emissions.

Latvenergo acquires 124MW wind power project in Lithuania

Latvenergo buys Utilitas Wind's Telšiai wind project, aiming for 124MW of capacity by 2026 to boost production in the Baltic States.