* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, October 21, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    ‘New frontier’: Austin leaders start discussions on air taxi technology – KXAN Austin

    Austin Leaders Ignite Exciting Conversations on the Future of Air Taxi Technology

    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    ‘New frontier’: Austin leaders start discussions on air taxi technology – KXAN Austin

    Austin Leaders Ignite Exciting Conversations on the Future of Air Taxi Technology

    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Solar could be crowned ‘king’ of Latvia’s energy market

November 16, 2023
in News
Solar could be crowned ‘king’ of Latvia’s energy market
Share on FacebookShare on Twitter

Latvia recorded 54 MW of installed solar capacity at the end of last year, according to International Renewable Energy Agency (IRENA) statistics. This is “miserable” compared to the country’s Baltic siblings, one energy expert tells pv magazine. But if Latvia lands the right utility-scale opportunities, solar could be one of its renewable energy stars.

November 16, 2023 Angela Skujins

Reinis Aboltins told pv magazine that Latvia is lagging behind its Baltic neighbors on almost all renewable energy fronts, especially solar, and described the situation as “miserable”. According to IRENA, Latvia only recorded 54 MW of installed PV capacity at the end of 2023, which is a sliver of Estonia’s solar gains (535 MW) and Lithuania’s (568 MW).

But Aboltins, a seasoned energy expert residing in the country’s capital, Riga, said that solar – alongside wind – could be a “king” of the country’s energy market. According to a European Parliament briefing document of Latvia, there is “untapped” potential for solar to power  “large-capacity” electricity generation in the Member State.

Aboltins said increasing investor confidence, which is already happening, is the key to achieving this success.

“The most most important thing is LCOE (levelized cost of electricity) and for solar PV and for onshore wind it has dropped so low that they have been absolutely competitive in comparison with such conventional technologies as natural gas,” he said. Aboltins estimated the country’s PV LCOE is €35/MWh ($38.06/MWh).

He said the renewable energy makeup of the country – which derives one-third of its energy from renewables – “could be better”. In 2021 Latvia’s largest electricity producers were gas combined heat and power plants in Riga followed by the hydropower plants on the Daugava River, according to a research paper. The authors of the paper later described the deployment of wind and solar projects as “very low” up until 2022.

Latvia has fallen behind in the solar renewable race due to historical and “controversial” incentives and support schemes, Aboltins said. These have left a lasting impression on the sector. “There are real people, real names and real companies, real legal entities behind those processes, and also real legislators and decision-makers and politicians, whose names have been associated with these vested interests,” Aboltins said.

He said this isn’t helped as there are currently no support schemes for renewable energy projects in the country.

But the former energy consultant believes that Latvian investors and businesses recently have turned their attention to solar energy “on a mass scale, industrial scale” due to the country’s appetite for cheaper energy prices. These opportunities are amplified by the Latvian government’s renewable energy targets, set out in “Latvia’s National Energy and Climate Plan 2021-2030”. Some of these goals include slashing greenhouse gas emissions by 65% by 2030 and sourcing half of its energy from renewables by the end of the decade.

In May, Latvian renewable energy developer PurpleGreen Energy P announced its plans to build a 400 MW solar power plant in Balvi, in the northern Latgale region near the Russian border. The news follows Danish energy company European Energy announcing it was currently developing a 155 MW solar power plant in Brocēni, located in the Saldus region in the country’s west.

Thorvald Spanggaard, Executive Vice President of European Energy, said the shortage of local energy production – especially renewable energy – means that the Latvian energy market holds some of the highest prices in the region. Spanggaard said that European Energy is currently considering power purchase agreements for the 155 MW solar power plant, but in general, Latvia needed “more experience” structuring PPAs and power trading risk hedging as it is currently not “that advanced.”

“Latvian power market regulations are undergoing some restructuring considering the expected power system synchronization with continental Europe,” he said. “Also, regulatory restructuring is required due to unexpectedly high demand for new renewable energy generation projects grid connection.”

Aboltins said there are some major solar PV projects in the pipeline for Latvia, and if all goes according to plan, the country should have over 200 MW installed capacity by 2025. But this hinges on whether the projects are finalized. “We’ll see how many of those projects get connected to the grid, but I believe there’s going to be quite significant interest and growing interest in the coming years,” he said.

“There’s going to be this bright future ahead of us. It’s a pity that it’s not here already, but quite clearly, the Baltic States could be net positive rather than negative.”

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : PV-Magazine – https://www.pv-magazine.com/2023/11/16/solar-could-be-crowned-king-of-latvias-energy-market/

Tags: crownednewssolar
Previous Post

Maxeon sues Aiko Solar for alleged patent infringement

Next Post

NFL Week 11 TV Coverage, Full Schedule And Standings

Revisiting Pope Francis’ Call for ‘Ecological Conversion’ – Sojourners

Pope Francis’ Urgent Call for an ‘Ecological Conversion’: A Fresh Perspective

October 21, 2025
PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

October 21, 2025
An update from Riane Eisler, author of “The Chalice and the Blade,” on achieving peace. – Psychology Today

An update from Riane Eisler, author of “The Chalice and the Blade,” on achieving peace. – Psychology Today

October 21, 2025
We live in a sailboat and travel the world full-time… but our lifestyle isn’t as glamorous as you’d think – Daily Mail

Living Full-Time on a Sailboat and Traveling the World: The Reality Behind the Glamour

October 21, 2025
3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

October 21, 2025
This Week in Navy Sports Presented by Navy Federal Credit Union – Naval Academy Athletics

Thrilling Moments from This Week in Navy Sports

October 21, 2025
New Land Cruiser “FJ” Makes World Premiere – トヨタ自動車株式会社 公式企業サイト

Unveiling the All-New Land Cruiser “FJ”: A Bold and Exciting World Premiere

October 20, 2025
World economy resilient but underwhelming, says IMF chief – African Business

Global Economy Proves Resilient Yet Growth Falls Short, Warns IMF Chief

October 20, 2025
Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

October 20, 2025
Proteases in intestinal health and disease – Nature

The Vital Role of Proteases in Intestinal Health and Disease

October 20, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (878)
  • Economy (899)
  • Entertainment (21,770)
  • General (17,713)
  • Health (9,940)
  • Lifestyle (912)
  • News (22,149)
  • People (900)
  • Politics (909)
  • Science (16,110)
  • Sports (21,399)
  • Technology (15,879)
  • World (882)

Recent News

Revisiting Pope Francis’ Call for ‘Ecological Conversion’ – Sojourners

Pope Francis’ Urgent Call for an ‘Ecological Conversion’: A Fresh Perspective

October 21, 2025
PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

October 21, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version