Chairman of the Board of Kurzemes Granulas Māris Petrovskis:

–         Together with its parent company Kurekss Ltd, Ventspils has established a full-cycle wood recycling process without residues. Ventspils has the advantage of being close to the port, which provides ample opportunities for both exporting products and importing raw materials.

Māris Daniševskis, Head of the PtX Department at SIA PurpleGreen Energy C: “We believe Latvia has strong potential to become an exporter of renewable energy. One of the most effective ways to export this energy is by converting it into molecules – such as e-methanol or green ammonia – and then transporting it using the infrastructure available at the Freeport of Ventspils. We highly appreciate the support provided so far by the Freeport of Ventspils Authority and the positive start to our collaboration, and we are working with great optimism to bring this project to life.”

Uldis Ālītis, Head of Project Development and Innovation at SIA PurpleGreen Energy C: “This project is of strategic importance not just for Latvia, but for the entire European Union in reaching the goal of net zero emissions by 2050.

The planned facility will operate with an installed power capacity of 550 MW, enabling the annual production of around 550,000 tonnes of green ammonia. The project could increase Latvia’s total electricity consumption by 65–70%. Additionally, this project is expected to provide a significant contribution to the national budget – approximately EUR 66.4 million in taxes annually.”