AE Partner Liepājas Special Economic Zone SIA is implementing a solar power plant construction project that will generate approximately one third of the electricity required for the company’s production processes annually. The project is being carried out within the framework of the European Union Recovery and Resilience Facility “NextGenerationEU”, with support from the financial institution ALTUM.
By building the solar power plant, a reduction in greenhouse gas emissions of 20,860 tonnes of carbon dioxide (tCO₂) will be achieved. The project is implemented in line with AE Partner’s strategy to develop solutions that reduce the company’s environmental impact and CO₂ emissions.
The construction of the solar power plant began on 1 July 2023 and is scheduled for completion by 1 June 2024. The planned capacity of the solar power plant is 0.2 MW, while the total expected annual electricity production is 191.34 MWh, which accounts for approximately one third of AE Partner’s total annual electricity consumption. All generated electricity will be used for self-consumption, including to support the company’s production processes.
The total project investment exceeds EUR 210,500 (including VAT), with ALTUM providing 30% of the total eligible project costs (excluding VAT).
