Ignitis Renewables makes final call on Latvia 107 MW Tume battery project, invests EUR 35 million

Reuters2026/07/21 13:00

By:Reuters

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Ignitis Renewables made a final investment decision on the 107 MW, 215 MWh Tume battery energy storage project in Latvia.
The system will share a grid connection with the 174 MW Tume solar farm under construction in Tukums municipality.
Construction is expected to start in 2026; commercial operations are targeted for 2028.
Total investment is about EUR 35 million; the decision does not change the group’s 2026 guidance for adjusted EBITDA or investments.

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: 202607210900OMX_____CNEWS_EN_GNW1001213742_en) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ignitis Renewables makes final call on Latvia 107 MW Tume battery project, invests EUR 35 million

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