M1 ENERGY · MANNHEIM & RĪGA

Energy.
New perspectives.

Welcome to M1 Energy. Let’s get to know each other and talk about your project.

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M1 Energy
M1 ENERGY / m1energy.euMANNHEIM · RĪGA

01 / FOCUS

A focus on energy.

Topics for the future of energy. Content for each area is currently being prepared.

01

Wind energy

Wind as a renewable energy source.

02

Solar photovoltaics

Electricity from sunlight.

03

Biogas

Renewable energy from organic residues.

04

Innovation

New ideas for the future of energy.

02 / EXPERTISE

Our expertise.

COMING SOON

A detailed overview of our services is being prepared. Please contact us directly to discuss your plans.

Get in touch

03 / PROJECTS

Our projects.

Wind energy and battery storage for Latvia’s energy future.

VENTSPILS · LATVIA

Užava Energo

CONSTRUCTION PLANNED TO START IN 2027

For Užava Energo in Ventspils, Latvia, we plan to start construction in 2027. The project envisages up to 15 wind turbines rated at 7 MW each and a battery energy storage system (BESS) with 100 MW of power.

Schematic illustration of the project concept. It does not depict the actual site or final turbine layout.
Wind turbinesup to 157 MW each
Wind capacityup to 105 MW
BESS power100 MW
Electricity per year≈ 322 GWhpreliminary estimate

Annual electricity generation: illustrative calculation

At the full 105 MW build-out, the wind farm could generate around 322 GWh of electricity per full operating year. The battery system can store part of the output for delivery at a later time.

Discuss the project ↗
30 %
276 GWh
35 %
322 GWh
40 %
368 GWh

Assuming a 30–40% capacity factor gives a calculated range of approximately 276–368 GWh per year.

Calculation assumption: 105 MW × 8,760 hours × 35% capacity factor ≈ 322 GWh/year. This is not a site-specific yield forecast or a forecast for the 2027 construction year. Actual output depends on wind conditions, turbine layout and losses, among other factors. Storage capacity in MWh has not yet been specified.

04 / TEAM

Here for you.

Initiative, project development and financial oversight in the energy sector.

Mindaugas Navickas
M1 ENERGY

Mindaugas Navickas

Initiator of M1 Energy

Mindaugas Navickas is the initiator of M1 Energy. He focuses on developing renewable energy projects in Lithuania and Latvia. In 2023, he founded M1 energy SIA in Latvia with a focus on wind energy.

He leads strategic project management, financing structures and communication with banks and investors. He also coordinates project partners, authorities and external advisers.

mn@m1energy.eu ↗+49 175 444 5111
Donatas Šiurna
M1 ENERGY

Donatas Šiurna

Auditor · Finance and controlling

Donatas Šiurna is the team's auditor. He brings experience in accounting, cash management and the financial structuring of energy projects.

His focus is on financial oversight, liquidity planning, cost structures and improving internal processes. He complements project development and financing coordination with clear financial organisation.

05 / PARTNERS

Our partners.

Space for collaboration and shared perspectives.

COMING SOON

Our partners will be introduced here.

Interested in working with M1 Energy? We look forward to hearing from you.

Discuss a partnership

06 / CAREERS

Working at M1 Energy.

Information about career opportunities will be added here. If you are interested, contact us directly.

Express your interest

07 / LOCATIONS

Where to find us.

Our addresses in Germany and Latvia.

08 / CONTACT

Good ideas begin with a conversation.

Your contact: Mindaugas Navickas.