Working together with the largest Latvian private energy group AJ Power, this summer SIA Lyngson installed the largest solar panel park in Latvia. Within the project, 1580 solar panels with the total capacity of 489 kW were installed on the roof of the production building. Currently, it is the largest installed solar panel park in Latvia, and it will generate almost 500,000 kWh of green energy annually. Over a span of one year, SIA Lyngson solar panels will cover 30% of the company’s own power consumption on the average exceeding 50% during summer season. Green energy will be used for the production needs cutting CO2 emissions by 141,000 kg annually.
SIA Lyngson manufactures water heating radiators. The company has been working in Latvia for 16 years. Its largest target market is Scandinavia where it exports 95% of its products. So far, it is the first implemented phase of the SIA Lyngson solar panel project. Soon the second phase of the solar park construction is expected to commence with another 100 kW of capacity to be installed. The total solar park capacity will reach almost 600 kW.
‘Such a significant solar panel project implementation in Latvia is a great example that solar energy has a future and that energy-intense production companies can cover a sufficiently large portion of their energy consumption by using solar energy. These companies are committed to sustainability and seek ways to cut their energy costs. We at AJ Power are happy to be part of this historic and impressive project and, at the same time, this is our largest solar panel project implemented so far. We started to offer installation of solar panels five years ago and then our greatest challenge was to convince our clients that solar energy had a potential in Latvia, and it is a worthwhile investment. Now the situation has changed, and a growing number of companies are realising that solar energy is the future, and it is worth investing in while improving competitiveness of their business,’ said Roberts Samtiņš, CEO of AJ Power.
‘We are a green-thinking Scandinavian company and to us it is important that this way we can contribute to cutting CO2 emissions, adopt sustainable manufacturing principles and improve our business growth opportunities in the long run. We actively seek energy-efficient solutions that may help us cut our costs. We have invested in both lighting and production equipment upgrades, so investing in green energy was only a logical next step. Solar panels are an investment in future which will start paying back straight away and it is important that it gives the company greater independence from fluctuating electricity prices’ added Uldis Benhens, SIA Lyngson Managing Director.
SIA Lyngson investments in the project reached EUR 295,210. Thanks to the installed solar panel park, the company will save more than EUR 44,500 annually on energy costs.
About AJ Power Group:
AJ Power, the largest Latvian private energy group, was established in 2014. AJ Power offers integrated energy services: sales of electricity and natural gas, implementation of energy efficiency and solar panel projects, as well as a system for managing the Natural resources tax. With its energy and waste management solutions, AJ Power gives businesses an opportunity to join circular economy. In 2019, the turnover of AJ Power group was EUR 83 million.
About SIA Lyngson:
SIA Lyngson is a modern Scandinavian company manufacturing water heating radiators. The company’s production site is in Olaine Municipality, Latvia. The company actively seeks energy-efficient solutions to enable it to cut its CO2 emissions and adopt sustainable manufacturing principles. The company’s turnover in 2020 reached EUR 13 million.Solar energy for business