Rolls-Royce has received an order from the Latvian transmission system operator Augstsprieguma tikls (AST) to supply an mtu large-scale battery storage system to secure the Latvian power grid. Similarly to solar energy and electromobility, this is a strategically new business area for Latvenergo, which is aiming to. ENGYcell, a Riga-based energy management startup, has secured €450,000 in funding, combining a €250,000 pre-seed investment from Change Ventures with a European Union grant. In news from Europe's Baltic Sea region, Latvia's first utility-scale battery storage project has been commissioned, while Fotowatio Renewable Ventures (FRV) has entered the Finland market. Let's dive into why this.