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Green Genius to build a 100 MW solar PV project in Latvia

Renewable energy company Green Genius, operating in 8 European markets, is about to build a 100 megawatts (MW) solar PV project in Latvia. It is the first Green Genius project of this scale in Latvia, which enables further development in this Baltic country.

“Latvia has very good potential with attractive terms and reasonable regulation for solar PV development. We’ve been looking into it for quite some time now. I’m happy to announce a stepping into the project that will definitely have a tangible impact on Latvia’s sustainability and energy independence”, said Simonas Šileikis, Head of Solar Business at Green Genius.

The 100 MW project is located in Jekabpils, Central-East of the country. It will be one of the biggest Solar PV power plants in the Latvian market, taking over 151 hectares of area. The power plant shall be fully authorised and ready for construction by June of this year.

The total planned investment into this solar project is around 90 million euros and it will save 100,000 tons of CO2 yearly – as much as 2 million young trees processes per year. This electricity would be enough for about 41,000 households.

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