Posts Tagged ‘Estonia’
Mirova and Evecon’s Baltic Renewable Energy Platform (BREP) launches Estonia’s largest solar‑plus‑storage hybrid project, signs first-of-its-kind Flexibility & Power Purchase Agreement in the Baltics with Pure Energy, and secures long-term financing from Swedbank
Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, and Evecon announce a series of major milestones supporting the acceleration of Estonia’s energy transition, through their jointly owned Baltic Renewable Energy Platform OÜ (“BREP”):
- Hybridization of the 77.5 MWp Kirikmäe Solar Photovoltaic (PV) plant with a 55 MW / 250 MWh Battery Energy Storage System (BESS),
- Execution of the first Flexibility & Power Purchase Agreement (FPPA) ever signed in the Baltics, with Pure Energy GmbH, and
- Completion of a new c.€85 million long‑term financing package from Swedbank.
Together, these developments demonstrate how combining renewable generation with energy storage and long term optimization tools can unlock new value for the Baltic energy market and support Estonia’s long term energy independence.
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Originally published on 16 Feb
Read MoreKeeping up with the Nordics Baltics staying the course against corruption
When it comes to corruption rankings, there are the Nordics and then there is everyone else. Again this year, Denmark, Finland, Norway and Sweden ended in a log jam at the top of the Corruption Perceptions Index, an annual ranking of perceived corruption in the public sector. Germany rounded out the top 10. The Baltic states (Estonia: 12; Lithuania: 28th; Latvia: 37) are showing that despite some setbacks (including the resignation of Lithuania’s prime minister last year amid a corruption scandal), that they, too, take corruption seriously.
Transparency International, which has produced the report each year since 1995, cautions against easing up against corruption, even in the Nordic countries, but, in the Baltic region, the trends at least are with them: countries with the best records are generally democratic and highly digitalised.
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That will show the path for Poland (52). To be sure, it has shown improvement since PiS, an illiberal regime that dismembered the country’s civil-society infrastructure, was voted out of office in 2023, and it finds itself solidly in the top third of the table.
Progress, though, has been modest, due to what has been deemed insufficient efforts to undo the damage done by PiS. Russia (157) finished level with Chad, Honduras and Zimbabwe. An outlier in a sea of outliers.
Estonian defence companies secure key partnerships at World Defence Show 2026
Estonia’s defence sector is making rounds even beyond Europe, and this week has demonstrated its digital capabilities at the World Defence Show in Riyadh. According to the official press release, the delegation members have secured three memoranda of understanding with regional and international partners.
The agreements, signed during the 13 February 2026 event, included partnerships between Threod Systems and Saudi Arabia’s First Shield, DefSecIntel Solutions and Oman’s The Armored Group, and Frankenburg Technologies and South Korea’s Hanwha. The deals cover autonomous systems, surveillance, counter-unmanned aircraft systems (counter-UAS), and digitally integrated defence technologies.
Read full announcement (external link)
Originally published on 13 Feb
Read MoreNIB finances Estonian Drone Technology Infrastructure
The Drone Technology Unit is designed to focus on R&D in unmanned aviation, communications, navigation, flight physics, and hardware security. It will consist of laboratories designed to validate and industrialise unmanned systems across the air, ground, and maritime domains.
The unit is part of the recently established Applied Research Centre in Estonia and is planned to become fully operational during summer 2027.
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Originally published on 6 Feb
Read MoreGerman energy group Danpower invests in Estonia, citing good business climate
German energy company Danpower Group is acquiring a majority stake in SW Energia OÜ, one of Estonia’s leading district heating providers, says the official press-release. Danpower Group is a Potsdam-based energy company specializing in district heating and renewable energy solutions for municipalities, industries, and residential areas across Germany and now Estonia.
The deal, signed on January 27, awaits approval from the Estonian Competition Authority and aims to accelerate the transition to renewable energy in Estonia’s heating sector.
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Originally published on 5 Feb
Read MoreEstonia launches Defence Business Lab for startups
To secure the status of Europe’s frontier DefenceTech destination, Estonia is moving fast, and is now building a pipeline for defence startups to win major international funding. Estonia’s Ministry of Defence, in collaboration with the Ministry of Economic Affairs and Communications, has established a pre-accelerator programme called the Defence Business Lab, according to the official press release.
Designed to help local companies compete more effectively in major international defence funding competitions, the programme aims to prepare early-stage development teams for successful applications to NATO DIANA (Defence Innovation Accelerator for the North Atlantic) and the European Defence Fund (EDF), two significant sources of defence funding.
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Originally published on 2 Feb
Read MoreEstonia, Latvia, Lithuania and Germany renew a four-party agreement in Tallinn to strengthen strategic communication and media literacy
Today, 29 January, the Secretary General of the Estonian Ministry of Foreign Affairs, Jonatan Vseviov, the State Secretary of the German Federal Foreign Office, Bernhard Kotsch and the Vice-Minister of Foreign Affairs of Lithuania, Vidmantas Verbickas, signed a four-party cooperation memorandum in Tallinn aimed at strengthening ties between the countries in the fields of strategic communication and media literacy. The agreement was signed ahead of the meeting also by the Latvian State Secretary Andžejs Vilumsons, with Latvia represented at the meeting by the Inspector General of the Latvian Ministry of Foreign Affairs, Ilgvars Kļava. The agreement is an updated version of the cooperation memorandum first concluded between the foreign ministries of the four countries in 2015.
Secretary General Vseviov emphasised that in the context of growing foreign influence activities, disinformation and hostile propaganda, it is crucial to strengthen societal resilience. He noted that closer cooperation between like-minded countries is key to protecting and developing the democratic information space.
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Originally published on 29 Jan
Read MoreSödra’s divestment of its forest holdings in the Baltics is now completed
The agreement between Södra and the Ingka Group’s investment company, Ingka Investments, regarding Södra’s forest holdings in the Baltics has now been approved and finalised.
With the aim of doing what is best for the forest estate and for Södra’s long-term competitiveness, Södra decided in early 2025 to divest all its forest holdings in Latvia and Estonia. Since the agreement with the buyer in October 2025, a competition review and approvals from local authorities have been underway – a process that has now been concluded. The transaction, with a purchase price of 720 million euros, is therefore complete.
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Originally published on 30 Jan
Read MoreairBaltic Celebrates 30 Years of Connecting Riga and Tallinn
Riga/Tallinn. At the beginning of 2026, the Latvian airline airBaltic marks 30 years of operations on the route between its home base, Riga and its base in Tallinn. The first airBaltic flight from the Latvian capital to the Estonian capital took place on January 30, 1996, thus marking an important milestone in the airline’s early network development and strengthening air connectivity within the Baltics and between Estonia and the wider region.
Mantas Vrubliauskas, Vice President Network Management at airBaltic: “For three decades, our operations between the two capitals have contributed to stronger connectivity for Estonia, supporting both business and leisure travel. Over the years, airBaltic has steadily grown its presence in Tallinn, and today we offer a strong and competitive network of direct routes from the city. As the leading airline in the Baltic region, we remain committed to providing reliable connectivity for our passengers while continuing to explore new opportunities to further strengthen links across the Baltics. We also extend sincere thanks to our long-standing partners, RIX Riga Airport and Tallinn Airport, for their continued cooperation and support in airBaltic’s development.”
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Originally published on 30 Jan
Read MoreEstonia entrusts the development of e-resident biometric solutions to Latvian company
X Infotech, a Latvian software provider, has won a procurement for creating a technical solution for collecting e-residents’ biometric data via mobile devices, the Estonian Ministry of the Interior’s Information Technology and Development Centre (SMIT) has announced. The application to be developed will enable applicants for e-Residency, starting in 2027, to verify their identity securely via a smartphone application.
Submitting biometric data through a mobile app will make the e-Residency application process more convenient and faster, and is a prerequisite for eventually replacing the current physical card–based e-resident digital identity entirely with a mobile solution. The solution being developed must also meet the European Union’s eIDAS regulation’s stringent security requirements, ensuring that the e-resident digital ID remains usable for authentication and for providing electronic signatures equivalent to handwritten signatures.
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Originally published on 29 Jan
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