PROJECT B

Key characteristics

Situated in Latvia, ca 200 km east of Riga, 520 MWp Project benefits from an attractive insolation profile

The Project is located on a 1 216 ha total acreage (with two landowner groups) The lease agreements are valid for over 30 years at 950 1 350 EUR/ha Land is organized in 10 sub plots with individual PV construction permits for each

The internal interconnection cable length from PV plants to grid substation per sub plot (included in construction permit) is ca 8 km with a total grid length of 170 km The new grid connection sub stationwill be located under a 330 kV grid line

Expected grid connection cost is ca 80 k EUR/MWp, while development CapEx (excl grid deposit) until RTB stage is planned ca EUR 4 1 m

520 MWp of planned installed capacity

Potential to expand by creating solar-wind hybrid park

608 GWh annual electricity production

Attractive economics of the Project

Already secured permit from MoE2

ca. 200 kWh / m2 yearly in-plane irradiation

Dedicated team responsible for project delivery

Attractive financial profile

LLAs1 Grid
connection

Permit from
MoE

Grid connection
reservation

Grid
deposit

Design
task

Substation
design

Construction
permit

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SUSTAINABLE FUELS

A substitution for fossil fuels that the world will not be imaginable without

The implementation of alternative sustainable fuels into everyday life will change the perception of infrastructure and transportation, also helping to reach carbon neutral goals together. PurpleGreen has thought about every part of this cycle.

POWER GRID

The fundamentally necessary infrastructure to PurpleGreen value chain

Power grid network transmits the electricity produced by PurpleGreen projects:
A) For production of Hydrogen (H2);
B) Into batteries for storage;
C) For end use (households, production facilities, public infrastructure, transportation).

BATTERIES

Works like a regular battery, but with much more power to it

With the implementation of batteries, grid network balancing and electricity trading is provided by PurpleGreen, expanding the range of our services.

AMMONIA

Hydrogen (H2) in combination with Nitrogen (N2) produces Ammonia (NH3)

Ammonia (NH3) is used for end use (alternative fuel, production of fertilizers). Ammonia (NH3) can be transported through EU H2 pipeline or cargo ship for further destinations, as well as transported with cargo trucks to nearest H2 stations.

SOLAR & WIND PARKS

From electrolysis process Hydrogen (H2) is produced

We use agricultural land plots for installing solar and wind farms. Land plots left out are used for agricultural purposes. With PurpleGreen projects, landowners and farmers get paid for land lease as well as harvested products.

Produced electricity is:
A) transmitted to grid network;
B) stored in to batteries, later transmitted to grid network;
C) in combination with added water used for electrolysis process.

HYDROGEN (H2)

From electrolysis process Hydrogen (H2) is produced

Hydrogen (H2) can be transported through EU H2 pipeline or Provaris H2 cargo ship for further destinations, as well as transported with cargo trucks to nearest H2 stations.