Latvia Approves €26.8 Million Grant for Solar and Energy Storage

Latvia is doubling down on its commitment to renewable energy, with the Ministry of Climate and Energy greenlighting a substantial €26.8 million (approximately $31.5 million) grant program. This new initiative is strategically designed to accelerate the adoption of solar power, energy storage systems, and heat pumps across the country, marking another significant step in Latvia’s green transition.

Diving into the Details of the Latvia solar grant Program

Announced in February 2026, this funding is specifically aimed at broadening the accessibility of clean energy technologies beyond individual homeowners. The program will provide crucial financial support to several key groups:

• Residents of apartment buildings: This opens up opportunities for multi-family dwellings to invest in collective solar installations and reduce their carbon footprint and energy costs.
• Local governments: Municipalities can leverage these funds to power public buildings and infrastructure with renewable energy, leading by example.
• State agencies: Government bodies are also encouraged to adopt solar PV and battery storage, furthering the nation’s energy independence goals.

The grant covers a trifecta of modern energy solutions: solar PV installations for electricity generation, battery energy storage systems to ensure power reliability, and heat pumps for efficient, electrified heating. By bundling these technologies, the program promotes a holistic approach to decarbonization at the community and state level.

A Broader Push with the Latvia solar grant

This €26.8 million grant is not an isolated effort but part of a larger, successful strategy that is already yielding impressive results. Latvia’s solar sector experienced remarkable growth in 2025, adding 258 MW of new capacity to bring its cumulative total to 920 MW.

The new program complements existing support schemes that have been instrumental in this expansion. A grant program for individual households has been extended through 2029 and was updated in late 2024 to include support for battery storage. The impact of this policy is clear: the number of micro-solar installations equipped with batteries surged from 1,500 to 2,400 in 2025 alone. Experts anticipate that these household-focused schemes will continue to drive stable growth of 10-15 MW annually.

Future Outlook: Surpassing National Targets with the Latvia solar grant

With robust support mechanisms in place for both residential and public sectors, Latvia’s solar future looks exceptionally bright. Projections for 2026 are highly optimistic, with large-scale projects expected to contribute as much as 500 MW of new solar capacity.

This rapid pace of development puts Latvia on a trajectory to not only meet but significantly exceed its end-of-decade renewable energy targets. The initial goal of reaching 1.3 GW of solar capacity could be achieved well ahead of schedule, positioning the Baltic nation as a leader in the region’s energy transition. The latest grant program is a testament to the government’s proactive approach, ensuring that the benefits of clean energy are distributed widely across society while accelerating the country toward a sustainable and secure energy future.