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Baltic TSOs Launch Multi-NEMO Intraday Trading Arrangement, Opening the Market to Competition
The Baltic electricity transmission system operators (TSOs), together with regional partners, have reached a significant milestone in the evolution of the Baltic power market. The launch of the Multi-NEMO (Nominated Electricity Market Operator) arrangement marks a decisive step toward a more competitive, transparent, and service-oriented wholesale trading environment across Estonia, Latvia, and Lithuania. Beginning 25 November, a new…
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European Energy divests combined solar and battery park in Latvia to Sampension
European Energy sells 50% of its 111 MW Saldus solar and battery project in Latvia to Sampension, one of Denmark’s largest pension funds. The project combines a 65 MW solar PV plant and a 46 MW battery energy storage system, supporting Latvia’s renewable energy and grid flexibility goals. The transaction strengthens the partnership between European…
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Taaleri SolarWind III Fund invests in a 112 MW wind farm in Latvia
Taaleri Energia’s SolarWind III Fund has invested in Smiltene, a wind farm located in Latvia, approximately 120 kilometres northeast of Riga. The Fund and AEI, a fund managed by Lords LB Asset Management, are joint owners of the project. Construction work started in Q4 2024, and the wind farm is expected to reach full operational…
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Apple expands renewable energy projects across Europe
Apple is significantly expanding its clean energy projects across Europe with new large-scale solar and wind farms now in development in Greece, Italy, Latvia, Poland, and Romania. Together with a newly operational solar array in Spain, the projects announced today — all enabled by Apple — will add 650 megawatts of renewable energy capacity to…
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Lithuania, Poland, Estonia, and Latvia, initiate a €382 million project to fortify critical energy infrastructure.
In late September 2025, Lithuania, together with Poland, Estonia and Latvia, launched a €382 million coordinated effort to bolster the resilience of their power transmission infrastructure against aerial threats—especially drones. The plan is spearheaded by Lithuanian grid operator Litgrid and Poland’s PSE, with Lithuanian Energy Minister Žygimantas Vaičiūnas and Litgrid CEO Rokas Masiulis playing prominent roles in pitch…
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145 MW Stelpe Solar Farm in Latvia Reaches Full Commercial Operations
The 72.5 megawatt (MW) Stelpe solar farm II, developed in Latvia by Ignitis Renewables, an international green energy company, has reached the commercial operation date. The project is located in the southern part of Latvia, Bauska municipality. The solar farm, which covers 85 hectares, is equipped with 121 thousand solar panels. The investments in the…
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Baltic States TSOs to strengthen their resilience agains cyber and physical attacks.
After successfully coordinating the synchronisation of the Baltic States with the continental European network, the electricity transmission system operators of Estonia, Latvia, Lithuania and Poland are now planning on strengthening the resilience of their power systems against hybrid security threats. To this end, the operators have submitted an application for European Union funding to support…
