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Ignitis Group invests EUR 35 million in 107 MW Latvia battery storage project

PUBT·07/21/2026 13:00:27
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Ignitis Group invests EUR 35 million in 107 MW Latvia battery storage project
  • Ignitis Group made a final investment decision on the 107.2 MW Tume battery energy storage system in Latvia, sized at 214.5 MWh.
  • Total investment estimated at about EUR 35 million; construction expected to start in 2026 with commercial operation targeted for 2028.
  • The battery will be paired with the 173.6 MW Tume solar farm under construction, sharing the same grid connection.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ignitis Grupe AB published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607210900HUGIN___UKPR_REG_GNW1001213742-en) on July 21, 2026, and is solely responsible for the information contained therein.