Tuesday, April 14, 2026

Headlines

renewable energy

Storing electrical energy in batteries narrows the circle of energy suppliers

Although the installation of solar panels and batteries will undoubtedly reduce your electricity bill, it can also limit your choice of which electricity market participant to buy energy from when the solar-generated and battery-stored power is not enough. For example, JSC Virši-A does not conclude electricity supply contracts with owners of such systems. This was discovered by social network X user Gatis Krūmiņš while exploring market options.  […]

Gas prices can also make electricity more expensive. The fastest solution – renewable resources

Today, when thinking about our energy system and its self-sufficiency, a Latvian proverb comes to mind: “foreign bread is bitter.” If we are unable to cover our consumption with hydropower plants, wind and solar farms, or other locally sourced generation, then we need to import fuel. Here, the beginning of March has brought unexpected surprises. The military conflict in the Middle East and its impact on oil product prices can be observed […]

An innovative system for bird protection in wind farms is being developed in Latvia

Latvijas Mobilais Telefons (LMT) and JSC Latvenergo have launched a research project aimed at developing a technology unique in Latvia for the automatic detection and identification of birds in wind turbine parks. This solution will help reduce the risk of bird mortality while promoting the sustainable development of wind energy and compliance with environmental protection requirements. The project is an important step for innovation and nature protection in Latvia, because so far […]

Wants to restrict solar panels on agricultural land

Members of the Saeima faction of the United List want to achieve amendments to the law “On Land Privatization in Rural Areas”, which would significantly restrict the placement of solar panels on agricultural land. Such a draft law has been submitted to the Saeima Presidium. According to the intention of the draft law’s author, Edgars Putra, it should be prohibited to install solar panels on agricultural land if its quality assessment is higher than 30 points and the solar panels would occupy […]

A residential quarter worth 32 million will be built in Jugla

Real estate developer Kaamos has started construction of the Riiti residential quarter at 11 Juglas Street in Riga. The project will feature five modern, nearly zero-energy apartment buildings ranging from four to nine storeys high, located near Lake Jugla. An investment of 32 million euros will be made in the implementation of the project, and its construction will be carried out by the Kaamos Group construction company Kaamos Construction. The residential quarter is planned to be completed by […]

New technology will help prevent power grid overload

To streamline the management of production and consumption capacity in the power grid, the Latvian energy technology startup Engycell, in cooperation with AS Sadales tīkls, has developed an innovation – a Battery Energy Storage System (BESS) algorithm that enables dynamic management of BESS charging and discharging decisions depending on the real-time situation of the distribution transformer in the power grid. The aim of the pilot project is to find new solutions for how to use digital technologies to efficiently utilize all […]

Fokker’s hydrogen plans in Latvia fizzled out along with Gauss’s dismissal

At the beginning of the week, Fokker Next Gen Latvia, which had previously announced that it would start work on the development of hydrogen aircraft engines in the Liepāja SEZ, initiated a liquidation process. The company’s management is not providing comments on this decision, but Inc. has obtained information from unrelated sources indicating that, among other things, the grand project has fallen through because the head of the national airline, Martin Gauss, left his position. One of Fokker […]

Žiemelis: the opportunity to be the first is very attractive

The Dublin-based Avia Solutions Group is the world’s largest ACMI (aircraft, crew, maintenance and insurance) services provider. The group operates in more than 70 countries and has offices in Lithuania, Dubai, Dublin and other cities worldwide. The group consists of more than 200 companies that provide a wide range of aviation services, including aircraft maintenance and repair (MRO), […]

Technology created in Latvia makes it possible to mine Bitcoin and produce heat at the same time

The Latvia-founded company Power Mining has this year created a unique data center that converts the heat generated during Bitcoin mining into district heating energy. This technology makes it possible to recover up to 95% of the heat produced by servers and transfer it into the city’s heating network, providing heating for approximately 2,000 households. In Europe, data centers already consume more than 3% of the continent’s total electricity, and […]

Latvenergo has borrowed 400 million – the first part of the planned billion

Latvenergo has been successfully raising funds through bond issues since 2012. This year, the company is taking a step further by issuing eurobonds, i.e. entering the international market. With strong demand, Latvenergo has placed 400 million euros in bonds. Total demand from 140 investors exceeded the target amount by 5.5 times. Over the next two years, the company plans to borrow up to an additional 600 million euros in this way. How […]