How many solar panels are installed in Latvia?

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.

How many solar farms are there in Latvia?

Expanding portfolio of solar projects Ignitis Renewables’ portfolio of solar farms in Latvia currently consists of two solar farms already under construction – the 94 MW Vārme solar project in Kuldīga municipality and the 145 MW Stelpe solar project, which consists of two separate sites in Stelpe and Bārbale parishes in Bauska municipality.

How long do solar panels last in Latvia?

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?

Is ignitis renewables expanding its operations in Latvia?

Ignitis Renewables, an international green energy company, is expanding its operations in Latvia. The investment decision foresees an investment up to EUR 106 million in the development of the 174 megawatt (MW) Tume solar farm, which will be one of the largest of its kind in the Baltics.