Riga new energy storage power

What's going on in Riga?

This deal marks the beginning of a major solar energy project at the port of Riga, which will include the installation of solar panels, the production and storage of renewable electricity, and the development of hydrogen and alternative fuel technologies.

Will a Solar Park transform Riga into green energy?

Home Port News Major solar park set to transform port of Riga into green energy... On 9 September, an agreement was signed between the Freeport of Riga Authority and Lithuanian company SNG Solar for the lease of land in the Spilve Meadows area of the Latvian port.

How much will SNG solar invest in the Freeport solar park?

SNG Solar won the land lease auction held by the Freeport of Riga Authority, and the Freeport’s board approved the agreement in early May. The total investment in the solar park is projected to be between US$66 and 88 million.