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POWER: European Energy Eyes 150MW Latvian PV Farm for 2026

POWER

European Energy has advanced the build of its 148MW PV farm in Latvia through a €68mn co-financing agreement from several banks, with grid connection in 1Q26, the banks said, cited by Renews.biz.

  • The plant will start commercial operations in the 1H26.
  • The funding was provided by Nordic Investment Bank (NIB), Luminor Bank and Nord/LB.
  • Latvia's total solar capacity is at around 600MW.
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European Energy has advanced the build of its 148MW PV farm in Latvia through a €68mn co-financing agreement from several banks, with grid connection in 1Q26, the banks said, cited by Renews.biz.

  • The plant will start commercial operations in the 1H26.
  • The funding was provided by Nordic Investment Bank (NIB), Luminor Bank and Nord/LB.
  • Latvia's total solar capacity is at around 600MW.