Latvia is set to enhance its renewable energy capacity as energy company Sunly secures nearly €85 million in international financing, marking a significant step forward in the country’s solar power ambitions. The substantial investment, facilitated by Strategic Energy Europe, aims to accelerate the development of solar projects across Latvia, supporting the nation’s transition to cleaner and more sustainable energy sources. This influx of capital not only underscores growing global confidence in Latvia’s green energy sector but also aligns with broader European efforts to reduce carbon emissions and bolster energy independence.
Latvia Strengthens Renewable Energy Sector with Major International Investment
Latvian energy company Sunly has secured a landmark international financing package worth nearly €85 million, aimed at exponentially expanding its solar power infrastructure across the country. This substantial investment is part of a broader drive to accelerate…
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Author : William Green
Publish date : 2025-08-04 17:01:00
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