In recent years, Baltic countries have experienced a solar power boom, and the region hopes to achieve two goals with one stone. Amidst growing security concerns, these countries aim to break free from years of energy dependence on Russia while continuing to prioritize the transition to green energy.

The outbreak of hostilities in Ukraine has sounded the alarm for the Baltic States, indicating their urgent need to change energy policies.
The Baltic countries of Latvia, Lithuania, and Estonia have learned a lot from Ukraine's unfortunate experience, as they also have to live in the shadow of their belligerent eastern neighbors.

Most European countries used to rely to some extent on Russia's energy, but for Baltic countries, this issue is different. These three countries still belong to the "BRELL" line of the Soviet era, and Russia and Belarus rely on Russian operators to control frequency and balance supply and demand.

In 2018, Latvia, Lithuania, and Estonia finalized a plan to leave BRELL and join the EU grid by the end of 2025. The events in Ukraine have forced these countries to reconsider their schedules and accelerate the transition. Other measures need to be taken to improve the safety of its power grid.

In addition to political reasons, with the soaring energy costs in the Baltic region, Baltic investors have gained a strong economic motivation to invest in solar energy. At the height of the energy crisis in Europe in 2022, the bills of electricity consumers increased nearly seven times compared to the previous year.

In this context, the growth of solar power generation in the Baltic Sea region from 2022 to 2024 even exceeded the most optimistic predictions.
Estonia has indeed made significant progress in the development of photovoltaic power generation. Mikel Anus, President of the Estonian Renewable Energy Association, stated that installed capacity doubles every year. In just five years, as of the end of 2023, the total installed capacity of solar energy has increased from 39.6 MW in 2018 to 812 MW.
According to data from the Lithuanian Energy Agency (LEA), Lithuania exceeded its target of 1.2 gigawatts of solar power generation by 2025 in 2023. In the past few years, the country has generated nearly 300 megawatts of new electricity.
Anna Roz ī te, Business Development Director of AJ Power Group, stated that as of January 2024, Latvia's solar installed capacity is approximately 300 megawatts. Since May 2023 alone, this number has increased by about three times.
Due to market participants mainly choosing solutions that can be implemented as soon as possible, solar energy has ushered in an investment boom in Latvia and other Baltic countries.