Will there be a solar panel Park in Latvia?

Work has already begun on the assembly of the panel structure to prepare for the laying of the panels," Bērziņš said. Merito, which is the owner of Kalkūnes SES, will have eight such solar panel parks in Latvia, said Māris Plūme, board member of the fund's cooperation partner, the company "Saules Energy" (Solar Energy).

Where is a 100 MW solar facility being built in Riga?

The 100 MW solar facility will be constructed on a 177.2-hectare site in Spilve Meadows, on the left bank of the Daugava River in Riga. This project is part of the Freeport's plan to transform the area into a hub for solar electricity production, energy storage, hydrogen, and alternative fuel production, as well as an industrial and logistics park.

How much will SNG solar invest in Riga?

Total investment is projected to be between €60 million ($66.8 million) and €80 million. Earlier this year, SNG Solar secured the land lease rights through an auction. The Freeport of Riga will receive 2.5% of the green energy generated, which will support port infrastructure and operations.

How will SNG solar benefit the Freeport of Riga?

Earlier this year, SNG Solar secured the land lease rights through an auction. The Freeport of Riga will receive 2.5% of the green energy generated, which will support port infrastructure and operations. The plant is expected to produce about 100,000 MWh of green electricity per year.

How are SunStrong notes secured?

The Notes are secured by the cash flow generated by the managing member interests owned by SunStrong Issuer in certain indirectly owned subsidiary project companies that own more than 37,500 residential solar leases originated by SunPower. The Notes are payable from these managing member interests.