European Energy selects Capalo AI for optimisation of two Baltic hybrid projects

Partnership will provide optimisation and trading services for two European Energy hybrid projects in Lithuania and Latvia, combining more than 140 MWp of solar capacity with 71 MW / 170 MWh of battery storage.

– Partnership with Capalo AI covers optimisation and energy trading of European Energy’s hybrid solar and battery assets in Lithuania and Latvia.

– The two projects combine more than 140 MWp of solar capacity with 71 MW / 170 MWh of battery storage.

– The partnership supports European Energy’s continued expansion of battery storage and hybrid renewable energy projects across the Baltic region.

Copenhagen, Denmark, 26th of August, 2026 – European Energy has entered into a partnership with Capalo AI to optimise and trade on two hybrid solar-and-battery energy storage projects in Lithuania and Latvia.

The partnership covers European Energy’s Anykščiai hybrid park in Lithuania and Saldus Hybrid Park in Latvia and forms part of European Energy’s continued expansion of battery storage and hybrid renewable energy projects across the Baltic region.

At Anykščiai, a 25 MW / 65 MWh battery energy storage system is co-located with an existing 78 MWp solar park. The hybrid facility entered operations in June 2026, with Capalo AI providing optimisation and trading services for the asset.

The Saldus Hybrid Park in Latvia combines a 46 MW / 105 MWh battery with a 65.7 MWp solar park. The battery is co-located with a solar facility, enabling electricity generation and storage to be managed together and allowing the project to respond more flexibly to changing conditions in the electricity system.

Combining solar generation with battery storage allows renewable energy assets to respond more effectively to electricity market conditions and grid needs. Electricity can be stored when appropriate and supplied to the grid when it is most needed, with hybrids able to balance themselves more effectively behind the meter and participate in ancillary services that help the system operator keep the lights on.

“Battery storage and hybridisation of energy parks is becoming an increasingly important part of European Energy’s renewable energy portfolio. The Baltic countries are particularly interesting markets for this development, and the partnership with Capalo AI gives us access to the optimisation and trading capabilities needed to operate these assets more efficiently across several electricity markets,” said Jens-Peter Zink, Deputy CEO of European Energy.

“We’re proud to partner with European Energy, one of the most ambitious drivers of the green transition globally, with a development portfolio of over 30 GW across Europe. Their Anykščiai and Saldus hybrid parks will be major providers of clean energy and flexibility in the Baltics. We look forward to realizing these assets’ full potential across all balancing and wholesale markets with our AI-driven trading and optimization,” said Henri Taskinen, CEO of Capalo AI.

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Ming Ou Lü

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miol@europeanenergy.com