Port of Riga opens new solar panel park
The new solar park was inaugurated on 6 September in the presence of BCT shareholders from the Maltese company “Mariner” and
As of June 2023, the number of solar panels installed by the Latvian population and connected to AS "Sadales tīkls" reached 15,000 units, and their total capacity exceeded 120 MW - about 15% of the total electricity consumption in Latvia on a sunny day. Solar panels have a lifespan of more than 25 years.
The most recent update regarding BESS installations is that in Tume and Rēzekne, Latvia's transmission system operator “Augstsprieguma tīkli” (AST) in June 2025 installed battery energy storage systems with a combined capacity of 80 MW and 160 MWh, which will undergo testing until October 2025.
Solar panels require almost no maintenance during their lifetime. In addition, rain cleans the surface of the panels well. The payback period for correctly adapting to the consumption of solar panels is 4-7 years. Why are more and more people in Latvia installing solar panels and inverters?
Hydroelectric power is the main source of renewable electricity in Latvia, followed by solar, wind and biomass cogeneration plants. In 2024, solar power in Latvia grew over 3.1 times to 6.7% of total electricity, becoming the third-largest source, while wind reached a record 38 GWh and hydropower, despite a 16% drop, still provided 54%.
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