The partnership aims to invest significantly in the region's renewable energy sector, highlighting the strong growth potential of the Latvian market. The collaboration includes the development of projects with a total capacity of approximately 110 MW.
The first phase involves close to 40 MWp of solar power spread across six solar sites already under construction, with commissioning planned for the end of March 2025. The second phase, comprising approximately 44 MWp across five additional sites, is scheduled to begin construction before the end of 2024.