Copenhagen, Denmark, October 23rd, 2025 – European Energy has agreed to divest 50 per cent of its Saldus project in Latvia to Sampension, one of Denmark''s largest pension funds. The
The project, expected to be fully operational and grid-connected by March 2027, will feature a new Padure 330kV substation linking to Latvia''s national grid via high-voltage lines.
European Energy has announced the successful securing of €37.9 million in long-term project financing from Luminor Bank to develop a hybrid solar and battery energy storage project in
Denmark-based European Energy will soon commence construction on its first solar farm in Latvia, a 148 MW facility featuring 240,000 solar panels near Targale in Ventspils County.
Energy storage systems are an essential element of Latvia''s path towards a sustainable and energy-independent future. The importance of these technologies is being recognized and
These developments highlight the country''s commitment to reducing reliance on fossil fuels, enhancing energy storage capabilities, and promoting innovation in renewable energy projects.
The 120.8 MW project, built by Lithuanian renewables developer Green Genius, is the largest single-site project in the Baltics. Work is currently underway on constructing a 50 MW/100
Spanning around 96 hectares in the municipality of Saldus, the project will accommodate a 65-MW solar park and a 92-MWh battery energy storage system (BESS). Construction works are
The BESS will support grid stability, balance electricity supply and demand, and enhance system flexibility, particularly following Latvia''s recent disconnection from the BRELL power network.
PEES Power Systems is a leading provider of advanced energy solutions in South Africa and Africa. We specialize in microgrid systems, solar photovoltaic (PV) power generation, BESS (battery energy storage systems), grid‑tied / hybrid / off‑grid inverters, PCS power conversion systems, EMS energy management systems, BMS battery management systems, lithium‑ion & LiFePO4 batteries, and modular energy storage systems. Our portfolio also includes energy storage containers, energy storage cabinets, containerised power stations, off‑grid power supply systems, backup emergency power, clean energy solutions, new energy storage systems, and green power systems. We offer battery cabinets with integrated BMS, outdoor all‑in‑one storage cabinets, commercial & industrial storage, communication battery cabinets, server racks, and transformer capacity expansion services. Whether you need a small off‑grid system or a zero‑carbon factory solution, our products deliver reliability and performance.
Our modular energy storage solutions range from 20ft/40ft mobile containers to outdoor all‑in‑one energy storage cabinets. We are a leading manufacturer of battery cabinets with BMS, offering communication battery cabinets for telecom, server racks for data centers, and energy storage battery BMS systems. We utilize lithium‑ion energy storage batteries and LiFePO4 batteries for optimal safety and lifecycle. Our stackable design allows flexible capacity expansion, while our grid‑forming technology ensures stable microgrid operation. Whether for distributed PV systems, off‑grid power supply, backup emergency power, or large zero‑carbon parks, our products feature advanced thermal management, PCS and EMS integration, and compliance with South African and international standards. We also provide professional energy storage system installation and after‑sales support, and we help clients navigate energy storage subsidies where applicable.