Technical FAQs 4

When will ignitis renewables start a solar farm in Latvia?

The completion and commercial operation of these solar farms is planned for 2025. The current investment in the development of solar projects by Ignitis Renewables in Latvia is estimated at around EUR 284 million, which includes both construction and project development costs.

How many solar farms are there in Latvia?

Expanding portfolio of solar projects Ignitis Renewables’ portfolio of solar farms in Latvia currently consists of two solar farms already under construction – the 94 MW Vārme solar project in Kuldīga municipality and the 145 MW Stelpe solar project, which consists of two separate sites in Stelpe and Bārbale parishes in Bauska municipality.

Is ignitis renewables expanding its operations in Latvia?

Ignitis Renewables, an international green energy company, is expanding its operations in Latvia. The investment decision foresees an investment up to EUR 106 million in the development of the 174 megawatt (MW) Tume solar farm, which will be one of the largest of its kind in the Baltics.

How much money will ignitis group invest in Latvia?

Over the next few years, the Ignitis Group plans to invest a total of around EUR 700 million in Latvia. The majority of the investment will be in renewable energy projects. Emphasis on support for local communities and environmental protection

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