PV Station, Latgalia

The project consists of acquired land in Kraslava novads (176.36h) and instalment of a PV Station system of 123MW

Land acquisition (€)

PV Station Construction (€)

Equity

Leveraged IRR

Yield Production

About the project

The solar energy power station with maximum output of 93’600KW would generate an average ~10MEUR per year of revenues by selling to the grid such as Nordpool. The project is calculated based on 20year lifespan, and significant capex investment on the 10th year, to maintain solar power efficiency, even without its manufacturer guarantee of 25 years. Potential of early exit by selling the project to a green energy fund. The Solar Energy Park location is Krasvala, Latgalia, almost bordering with Lithuania, thus giving easier access to sale to neighbouring countries. The park itself would be located in the right spot in terms of infrastructure having near by a 330V line to connect too. 

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