Estonian energy group Alexela reported revenue of more than EUR 620mn in 2022, which was up almost 70% from around EUR 368mn in 2021, ERR reports. The group’s annual profit amounted to EUR 14.6mn, which was up 75% from EUR 8.3mn a year earlier. Alexela attributed the rise in profit to an increase in the…
The Estonian company, Biometaan, has signed an agreement with Finland’s Convion to start selling mobile power plants running on fuel cells in the Baltic States, ERR reports. The solid oxide fuel cell power plant will generate energy from biomethane produced from cow slurry at the Mangeni PM dairy farm in the village of Koksvere in…
New electricity distribution tariffs came into force in Latvia on 1 July 2023, LSM reports. Ahead of the change, distribution system operator Sadales Tikls (ST) urged consumers to change the tariff plan for facilities with low electricity consumption. However, ST’s client portal was unavailable due to technical maintenance on 29-30 June 2023. ST said that…