Riga Mayor Vilnis Kirsis has instructed the city’s executive director, Janis Lange, to talk to the municipal forest management company Riga Forests about the possibility of buying some of the [..]
EU invests over €380 million to support the green transition
The Commission has granted today more than €380 million to 133 new projects across Europe under the LIFE Programme for environment and climate action. The allocated amount represents more than [..]
Swedbank, which is a leading bank in Lithuania, has approved a loan of EUR 20.7 million to the state-owned energy group Ignitis Group with a repayment schedule of seven years. [..]
Latvia ups its renewable energy target for 2030 to 60%
Latvia plans to increase the share of renewable energy in final consumption to 60 percent by 2030, according to the updated National Energy and Climate Plan (NECP) for 2021-2023. In [..]
Law to speed up development of offshore wind, solar parks in Estonia
The Estonian parliament on Tuesday passed a bill to amend the Building Code and other laws, initiated by the government, which is aimed at accelerating the deployment of renewable energy. [..]
While one of Estonia’s largest waste management companies, Eesti Keskkonnateenused, has been critical of the proposed waste reform, their competitor Ragn-Sells is not, affirming that the goal of the reform [..]
Estonian company Fibenol investing €700 million in biorefinery in Latvia
Estonian company Fibenol is investing €700 million in a biorefinery in Latvia. As recently as 2022, the company’s main shareholder Raul Kirjanen, had not ruled out the possibility of building [..]
Energy battery parks mark launch of New Generation Lithuania plan – PM
Lithuania’s four battery parks on Wednesday started providing the isolated operation reserve service at their full combined capacity of 200 megawatts (MW). Lithuanian Prime Minister Ingrida Simonyte says this electricity [..]