Article
Changes To Natural Resources Tax For Solar And BESS Projects In Latvia: Planned Reduction Of The BESS Rate And Extension Of The Exemption
Latvia is set to significantly reform its natural resources tax framework for renewable energy projects, introducing a substantial reduction in the BESS tax rate from EUR 17.03/kg to EUR 2.00/kg and expanding exemption eligibility beyond solar installations. The amendments will eliminate the current 1 MW minimum capacity threshold and remove supplier guarantee exemptions, while establishing new procedures for waste management compliance across all battery storage systems.
TEGOS (Formerly TGS Baltic)