International green energy company Ignitis Renewables is expanding its operations in Latvia with an investment of up to 106 million euros to develop a 174 megawatt (MW) solar farm that will be one of the largest of its kind in the Baltics.
Ignitis Renewables has made the final investment decision on its 239 MW solar portfolio in Latvia, the largest of its kind in the Baltic states, with construction works to commence in the first quarter of this year.
Ignitis Renewables announced last Monday that it has awarded a contract to Dutch surveying services company Fugro to conduct a geophysical survey at Lithuania's first offshore wind farm.
Ignitis Renewables, an international green energy company, together with its strategic partner, Ocean Winds, will develop the first offshore wind project in Lithuania.
Lithuanian energy group Ignitis Renewables and Copenhagen Infrastructure Partners’ (CIP) New Markets Fund I have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia.
Ignitis Renewables has signed a conditional sale and purchase agreement with E energija for the acquisition of 100% of the shares in its 2 companies developing an onshore wind farm in Kelmė district.