Merus Power Launches 20 MW Battery Project in Latvia with Nordes Būve
Merus Power initiates its first project in Latvia with a 20 MW energy storage system, enhancing its market presence in Europe. This collaboration with Nordes Būve marks a strategic expansion for the Finnish company into the Baltic energy sector.
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Merus Power has contracted with Nordes Būve to install two energy storage facilities in Riga, totaling 20 MW and 40 MWh. This project is significant as it represents Merus Power's initial entry into the Latvian market and the Baltic region.
The collaboration aims to meet Latvian grid requirements while establishing the company's reputation in Europe. The project is backed by Latvenergo, indicating governmental support for renewable energy initiatives. This venture may open further opportunities for energy storage solutions in similar markets.
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