04/21/15 14:17

Energy Competence Centre establishes new subsidiary in Latvia

21 April 2015 | New subsidiary ECO Technology Group will be hub for Baltic Region Energy Competence Centre (ECC) further expands its international project business into Baltic Region.

From Balvi, a town in the Latgalia region of eastern Latvia, the new subsidiary ECO Technology Group will focus on development and management of wind projects in Latvia.

The new subsidiary has been founded in March this year and is already evaluating wind energy projects in the region. The first projects will be realised in the upcoming year. "A majority of Latvia's energy consumed is imported. Promoting wind energy offer the region a great chance for sustainable economic development and energy production independent from fossil fuels", says Maris Verjanovs, managing director of new subsidiary ECO Technology Group.