Baltic state's largest solar park under construction in Estonia
Renewable energy producer Sunly has begun constructing a 244-megawatt solar park near Risti in Lääne County – the largest in the Baltic States.
Sunly CEO Priit Lepasepp said the park is expected to be operational by the summer of 2026.
The €125 million project is being financed entirely through private capital.
Under the agreement, 0.6 percent of the solar park's annual revenue from energy sales will be allocated to Lääne-Nigula Municipality.
A wind park and a battery storage facility for the renewable energy produced will also be built on the site in the future.
"When it comes to investment decisions, I would say that next year we can consider an investment decision for the battery, while the wind park depends on how the planning process proceeds in the municipality. I think a decision on the wind park investment could be made by 2026," Lepasepp said.
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Editor: Merili Nael, Helen Wright
Source: Aktuaalne kaamera
