At a media event hosted today by the Investment and Development Agency of Latvia, it was announced that the Slovenia‑based energy company NGEN Group is entering the Latvian market with a €50 million investment. According to information provided by investors, a deal has been concluded whereby NGEN Group has become the 100% owner of SIA “Liepāja ESS” to implement a stand-alone grid-connected battery energy storage project with a capacity of 100 MW and a storage capacity of 200 MWh in Grobiņa…
At a media event hosted today by the Investment and Development Agency of Latvia, it was announced that the Slovenia‑based energy company NGEN Group is entering the Latvian market with a €50 million investment. According to information provided by investors, a deal has been concluded whereby NGEN Group has become the 100% owner of SIA “Liepāja ESS” to implement a stand-alone grid-connected battery energy storage project with a capacity of 100 MW and a storage capacity of 200 MWh in Grobiņa parish, Dienvidkurzeme region, at the Grobiņa substation. Construction work is planned to be completed this year. "The development of such projects is a significant step in the development of Latvia's energy infrastructure. It will be the first energy…
