Tuesday, April 14, 2026

Headlines

wind energy

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 […]

Latvenergo, by borrowing, plans to reduce the price of electricity

Latvenergo, which from next year must pay 90% of its annual profit into the state budget instead of the current 70%, will borrow up to one billion euros over the next three years. Contrary to some suspicions, the money will be invested in renewable energy projects, not in buying out Tet and LMT, Inc., explains the company’s Director of Communications, Andris Siksnis. After the announcement distributed by Latvenergo on 31 October that the company […]

500 thousand for the search for a new Latvian “unicorn”

A study carried out in 2022 predicted that by 2030 there could already be five “unicorns” in Latvia, meaning companies valued at one billion USD. Three years on, we still have only one, however – in order to move closer to this goal, members of the Latvian business angel network have jointly invested 500 thousand euros in the Latvia-registered venture capital funds Buildit VC and Outlast Fund. It is possible that this – […]

An alternative to huge wind turbines has been created

While in Latvia people are still fiercely debating the usefulness of wind energy and the impact of wind turbines on the landscape, the US company Airloom Energy has developed a new wind turbine system that more closely resembles a carousel and could create significant competition for the conventional turbines used until now, whose height can already even be twice that of St. Peter’s Church. The original article is available on Inc.com The article has been translated with […]