WT Terminal, an active company within the Port of Riga, recently launched a solar panel park to partially meet its electricity needs with renewable energy.
Located on the Latvian terminal’s warehouse roof, this solar park includes 480 panels with a capacity of 220.8 kW. Initiated in 2023 with ALTUM support and financing from Citadele Bank, the project aims to reduce energy costs and mitigate market electricity price volatility.
Given WT Terminal’s energy-intensive operations, especially in timber processing, the shift to self-generated power aligns with its focus on cost-efficiency and sustainability.
In line with its green development policy, WT Terminal plans to install an electric-powered hydraulic crane next year.
Supported by a new transformer substation and berth power supplies, this crane will increase operational efficiency and reduce emissions, marking a step forward in the company’s environmental commitments.
In addition, sustainable practices are gaining momentum across the Port of Riga, where green energy production is becoming a competitive necessity. Companies like Kronospan Riga and Baltic Container Terminal are already using solar power, while Rīgas Universālais Termināls and TFS Trans logistics are investing in new solar and geothermal energy projects.
WT Terminal, among the port’s top cargo handlers and second largest for timber, has seen consistent growth in recent years, with a record 0.76 million tonnes of freight in 2023. The terminal’s strategic investments in green infrastructure and technology further reinforce its leadership in sustainable operations.