Niam and Evecon will deploy 84MW of solar power and 26MW of energy storage across 11 project sites in Latvia. Image: Niam Infrastructure. News from the Nordics and the Baltics, with BESS projects
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The Park will consist of 240,000 solar panels, with a total capacity of 148 MW, and be able to produce around 154,550 MWh annually, providing electricity equivalent to the household consumption of app.
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The Park will consist of 240,000 solar panels, with a total capacity of 148 MW, and be able to produce around 154,550 MWh annually, providing electricity equivalent to the
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In 2023, Latvia ranked among the top three countries in the European Union for renewable energy use, with renewables accounting for 43.5% of our energy consumption. This is nearly at the
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The total number of solar plants connected to "Sadales Tīkls" was 700 late last year, of which around 500 with a total production capacity of around 130 MW were connected
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In 2023, Latvia ranked among the top three countries in the European Union for renewable energy use, with renewables accounting for 43.5% of our energy consumption. This is nearly at the ambitious 44.3% target set for
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In the same year AJ Power invested over €6 million to deploy battery energy storage systems at its solar power plants in Valmiera, Aizkraukle, and Ilūkste, enhancing grid stability and renewable integration.
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In the same year AJ Power invested over €6 million to deploy battery energy storage systems at its solar power plants in Valmiera, Aizkraukle, and Ilūkste, enhancing grid
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There are 20 Solar photovoltaic power plants in Latvia as of August, 2025. The highest number of Solar photovoltaic power plants of Latvia are in Bārbele parish, Bauska Municipality and
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Sweden- based Niam Infrastructure and Evecon have joined forces to develop up to 110 MW of renewable energy projects in Latvia, including 84 MW of solar power and 26 MW
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It has delivered over 650 solar projects with a total installed PV capacity of 11 GW, employs more than 2,000 professionals, and operates the largest fleet of construction
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From 1 January 2023 Latvia banned the import of natural gas from Russia. The replacement comes from connections to LNG terminals, the Klaipėda LNG terminal in Lithuania, and from 2024 the recently opened Inkoo LNG terminal in Finland. JSC Conexus Baltic Grid is the natural gas transmission system operator in Latvia. International transmission pipelines are 577 km long, consisting of the Riga–Pahneva, Pleskava–Riga, Izbors
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Latvia recorded 54 MW of installed solar capacity at the end of last year, according to International Renewable Energy Agency (IRENA) statistics. This is "miserable" compared to
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Niam and Evecon will deploy 84MW of solar power and 26MW of energy storage across 11 project sites in Latvia. Image: Niam Infrastructure. News from the Nordics and the
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It has delivered over 650 solar projects with a total installed PV capacity of 11 GW, employs more than 2,000 professionals, and operates the largest fleet of construction equipment in the European solar sector.
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Niam and Evecon will deploy 84MW of solar power and 26MW of energy storage across 11 project sites in Latvia. Image: Niam Infrastructure. News from the Nordics and the Baltics, with BESS projects launched in Sweden, Denmark and Latvia by Centrica, Nordic Solar and Niam Infrastructure and Evecon.
Investment firm Niam Infrastructure and developer Evecon will together deploy a solar-and-storage portfolio in Latvia that could have up to 26MW of BESS capacity.
Energy storage systems are an essential element of Latvia’s path towards a sustainable and energy-independent future. The importance of these technologies is being recognized and invested in by a growing number of companies and public institutions.
The main renewable resource is hydroelectric power. Latvia has laws that regulate the building of power plants and plans to sell electricity at higher prices. This is a stimulus for investment, especially taking into consideration the fact that Latvia cannot offer big subsidies in order to attract investment.
The most recent update regarding BESS installations is that in Tume and Rēzekne, Latvia’s transmission system operator “Augstsprieguma tīkli” (AST) in June 2025 installed battery energy storage systems with a combined capacity of 80 MW and 160 MWh, which will undergo testing until October 2025.
In 2021 Latvia had just 66 MW of wind energy capacity, with no wind farms being built since 2012.
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The global commercial and industrial container energy storage market is experiencing unprecedented growth, with demand increasing by over 450% in the past three years. Containerized storage solutions now account for approximately 55% of all new commercial solar installations worldwide. North America leads with 45% market share, driven by corporate sustainability goals and federal investment tax credits that reduce total system costs by 35-40%. Europe follows with 38% market share, where standardized container designs have cut installation timelines by 70% compared to traditional solutions. Asia-Pacific represents the fastest-growing region at 55% CAGR, with manufacturing innovations reducing container system prices by 25% annually. Emerging markets are adopting container storage for remote power, construction sites, and emergency backup, with typical payback periods of 2-5 years. Modern container installations now feature integrated systems with 100kWh to multi-megawatt capacity at costs below $450/kWh for complete container energy solutions.
Technological advancements are dramatically improving container energy storage performance while reducing costs for commercial applications. Next-generation container management systems maintain optimal performance with 60% less energy loss, extending system lifespan to 25+ years. Standardized plug-and-play container designs have reduced installation costs from $1,200/kW to $600/kW since 2022. Smart integration features now allow container systems to operate as virtual power plants, increasing business savings by 45% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 35% for commercial container installations. New modular container designs enable capacity expansion through simple container additions at just $400/kWh for incremental storage. These innovations have improved ROI significantly, with commercial container projects typically achieving payback in 3-6 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial container systems (100-200kWh) starting at $45,000 and premium systems (500kWh-2MWh) from $200,000, with flexible financing options available for businesses.