With Latvia’s cumulative solar capacity reaching 920 MW by end of 2025, the Latvian Renewable Energy Alliance says the 1 GW threshold may now have been surpassed. The country also appears on track for a record year in solar deployment this year, as some of the largest projects in the pipeline materialize.
The 120.8 MW project, built by Lithuanian renewables developer Green Genius, is the largest single-site project in the Baltics. Work is currently underway on constructing a 50 MW/100 MWh battery energy storage system on-site.
Ignitis Renewables has started commercial operations at the 94 MW Vārme solar farm in western Latvia. The project is one of the country’s largest PV installations to date.
A study estimating the economic viability of rooftop solar in Estonia, Latvia and Lithuania forecasts the levelized cost of electricity (LCOE) for PV systems in the Baltic States at between €0.08 ($0.087) and €0.09/kWh by 2050 at a 6% discount rate.
Estonian renewable energy company Sunly is building three solar parks in Latvia with a cumulative capacity of 225 MW. The projects are being developed as hybrid parks, combining solar with wind and battery energy storage.
Lithuania’s SNG Solar is set to build a 100 MW solar plant in the port of Riga, Latvia. Upon completion, the facility will be one of the largest solar projects in the Baltics.
In recent years, the Baltic countries have experienced a solar generation boom as the region seeks to kill two birds with one stone. These nations aim to break away from years-long energy dependence on Russia amid growing security concerns while also continuing to prioritize the green energy transition.
A European consortium of 11 commercial and non-profit organizations is developing several technologies to make use of end-of-life PV panels by either re-deploying them or by recovering and reprocessing the silicon.
The two grid-scale battery energy storage systems will be connected in autumn 2025, aiding Latvia’s synchronization with the continental European power grid.
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 the country’s Baltic siblings, one energy expert tells pv magazine. But if Latvia lands the right utility-scale opportunities, solar could be one of its renewable energy stars.
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