Vārme solar farm

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94 MW Vārme solar farm in Latvia reaches the commercial operation date
Globenewswire· 2025-07-30 06:05
Core Points - The Vārme solar farm, controlled by Ignitis Renewables, has reached its commercial operation date (COD) [1] - The solar farm is located in Kuldīga municipality, Latvia, covering 110 hectares with 156,000 solar panels and a total installed capacity of 94 MW, capable of supplying electricity to over 40,000 households [2] - Total investments in the solar farm amount to EUR 66 million [2] - With the COD of Vārme solar farm, the Group's installed Green Capacities have increased to 1.8 GW from 1.7 GW [3] - The Group aims to increase its Green Capacities from 1.4 GW in 2024 to 4–5 GW by 2030 [3] - The announcement does not affect the Group's Adjusted EBITDA and Investments guidance for 2025 [3]