Estonia-based renewable energy developer and producer Sunly has initiated connection installations and other preparatory works ahead of the start of construction of three solar projects in Latvia with a combined capacity of 225 MW.
Image by: Sunly AS.
All three schemes were developed as hybrid parks, combining solar and wind energy along with a battery energy storage system (BESS), a press statement says.
The portfolio comprises a 54-MW site near Matisi village in Valmiera, a 90-MW facility in Dagda Parish in Kraslava Municipality, and a solar farm of 81 MW situated near the village of Barkava in the Madona region. Once commissioned, they will produce enough clean electricity to meet the annual power needs of more than 118,000 homes.
The three projects are part of Sunly’s long-term strategy in the Baltic region and Poland, where the company secured EUR 300 million (USD 326.4m) in funding from Rivage Investment and Copenhagen Infrastructure Partners, with the participation of Norway’s largest pension fund, Kommunal Landspensjonskasse.
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