Illustrative view: battery storage containers beside a substation, with a misty lake and hills in eastern Latvia

Project Helios

The project
A 300 MW standalone battery at a 330 kV substation in Eastern Latvia.

Daugavpils, codename Helios, is one of four standalone projects in Project Prometheus, Kodo GE’s 1.2 GW battery storage platform in Latvia. The site borders an existing 330 kV substation in Latgale, anchoring the eastern grid at Latvia’s south-eastern edge.

 

In February 2025 the Baltic states disconnected from the Russian BRELL grid and synchronised with Continental Europe. For the first time, Latvia must balance its own frequency, which creates structural demand for fast, flexible capacity. Helios is held in its own project company, so a partner can take this site alone or scale into the full platform.

Main info
Location: Daugavpils, Latvia
Region: Eastern Latvia (Latgale)
Platform: Project Prometheus
Category: Standalone BESS
Status: Development
Specifications
Capacity (planned): 300 MW
Grid: Next to an existing 330 kV substation
Land: Secured
Structure: Own project company

Land is secured. The immediate focus is aligning development expenditure (DEVEX) funding, while permitting and grid-connection work continue; connection capacity is not reserved.

Why this site

Next to 330 kV
The site borders an existing 330 kV substation anchoring the eastern Latgale grid. Sitting next to the substation removes the dedicated grid-connection transformer that off-substation projects must build.

 

A structurally short market
Since Baltic desynchronisation, Latvia balances its own frequency. Fast battery capacity is needed before the market saturates.

Four revenue layers
Frequency restoration (mFRR) and containment (FCR) services, energy arbitrage on Nord Pool, and capacity and grid-stability payments.

 

Modular entry
Each Prometheus site is a separate project company with its own connection and permits. Take one site, or scale into the full 1.2 GW platform.

Development pathway

Updated October 2026. Current work and the milestones ahead. Activities may run in parallel; future stages are subject to project-specific approvals and agreements.
Land secured
Land secured for the Daugavpils site.
DEVEX alignment
Align development expenditure funding with the participating counterparties.
Engineering & approvals
Progress technical definition, permitting and grid-connection arrangements.
Definitive agreements
Finalise EPC, tolling and project-financing terms.
Construction & operation

Discuss Project Helios
with Kodo GE

Participation may include acquisition, development funding or equity investment, depending on the project. Request an introductory overview; detailed technical and commercial information is shared subject to an NDA where required.
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