Lithuanian asset management firm Modus Asset Management’s Clean Energy Infrastructure Fund will acquire Estonian renewable energy company Evecon’s solar farm portfolio in Latvia for an undisclosed sum, The Baltic Times reports. The portfolio consists of ten ground-mounted solar farms with bifacial solar panels and a total installed capacity of 55 MW. The portfolio is close…
Estonia and Latvia have put their national interests ahead of regional projects in regard to the synchronisation of the Baltic power grids with the contintental European system, Lithuania’s former energy minister, Arvydas Sekmokas, stated. Speaking in an interview with LRT, Sekmokas noted that Estonia seemed to want to postpone the synchronisation project to 2025 and…
Joint policy coordination among the three Baltic States was crucial in the current geopolitical situation, Latvian President Edgars Rinkevics stated, LETA reports. Speaking during an official visit to Lithuania, Rinkevics noted that Latvia and Lithuania shared common interests in terms of EU and NATO policy, strengthening security and defence capabilities, ensuring energy security and independence,…
Coordinated action by the Baltic States was essential to synchronise their power grids with the continental European system, Latvian President Edgars Rinkevics stated, LETA reports. Rinkevics discussed the synchronisation project with Climate and Energy Minister Raimonds Cudars. Earlier, Lithuanian President Gitanas Nauseda urged Rinkevics to speed up the synchronisation project, LETA reported. Speaking after a…
The Latvian Olympic Committee (LOK) has elected Janis Buks, president of the Latvian Volleyball Federation (LVF), as acting LOK president, LETA reports. Buks will head LOK until the committee’s next annual assembly. He is chairman of the supervisory council of the Latvian pharmaceutical company, OlainFarm. The previous LOK president, Zorzs Tikmers, resigned in May 2023…
The Estonian government wants to bring forward Estonia’s EU presidency, now slated for 2031, BNS reports. The government argues that organising the EU presidency would be difficult as Estonia will hold parliamentary elections that year. Estonia is due to preside over the EU Council for the first half of 2031. The government suggests switching the…
The Estonian Centre for Defence Investment (RKIK) of the Ministry of Defence has called for tenders for the purchase of mobile field hospitals for an estimated EUR 150mn, BNS reports. Under the eight-year contract, RKIK will procure mobile bandaging stations, mobile field hospitals, individual modules and spare parts, repair, maintenance, and development services, and user…
The total area of agricultural land in Estonia has remained almost unchanged in 2023, according to Statistics Estonia’s preliminary data, The Baltic Times reports. Meanwhile, the area of arable land out of use for one year or more amounts to 28,200 hectares, which is 2.5 times more than in 2022. The area of land used…
Latvia’s Prime Minister, Krisjanis Karins, and Italian Prime Minister Giorgia Meloni met in Riga on 10 July 2023, The Baltic Times reports. The two prime ministers stressed the need for cooperation in strengthening the EU’s external borders and controlling external migration. Karins noted that Italy and Latvia were developing a similar understanding on migration and…