PURPLEGREEN Energy C
PURPLEGREEN Energy C is a company registered in Latvia, specialising in the development and implementation of renewable energy projects, with a focus on the production of green hydrogen end products, such as green ammonia, methanol, and sustainable aviation fuel (SAF). The company is currently developing a green ammonia production plant project within the territory of the Freeport of Ventspils. A long-term building rights agreement has been concluded with the Freeport of Ventspils as part of the project. Meanwhile, the environmental impact assessment is now underway. The intended amount of project investments exceeds EUR 1.3 billion.
PURPLEGREEN is a brand that unites a group of local capital companies specializing in the development and implementation of renewable energy projects. The group’s companies are developing solar and wind farm projects, including innovative production facility projects for green hydrogen end products – green ammonia, methanol, and sustainable aviation fuel (SAF). The goal of PURPLEGREEN is to promote the production of sustainable and environmentally friendly energy, thereby helping Latvia become cleaner and greener, as well as strengthening the country's economic development.
Contact details:
Office address; Ropažu iela 7, Riga, LV-1039, Latvia
Registered office: Republikas laukums 2A, Riga, LV-1010, Latvia
Telephone: +371 26868500
e-mail: i[email protected]
Website: www.purplegreen.eu
LinkedIn: PurpleGreen
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.”
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