September 17 (Renewables Now) - Swedish firm Eolus Vind AB (STO:EOLU-B) will not get state support for its 51-turbine wind farm in Latvia, a government spokesperson told LETA.
The plant, to be situated in the Dobele and Tukums regions of western Latvia, will be the largest wind park in the Baltic country. Its output will be sold on the wholesale market as the Latvian government has not issued mandatory procurement component rights to Eolus, said Evita Urpena, a spokeswoman for the Economy Ministry. Such rights have not been granted since 2012.
Construction on the EUR-250-million (USD 290.9m) wind farm will start at the end of this year or early in 2019, while completion is scheduled for 2022, Eolus board member Gatis Galvins told the local news agency. The wind project developer is currently busy with the environmental impact assessment and is determined build the facility regardless of Latvia’s renewable energy support policy in the future, he added. Construction contractors and equipment suppliers will be selected in the near future.
The proposed wind farm’s output is expected to be around 0.7 TWh, or as much as is needed to meet around 10% of Latvia’s total power consumption.
(EUR 1.0 = USD 1.163)