Green Genius: 200MW Solar Power Plants Planned in Baltics
- Green Genius to build two solar power plants in Lithuania and Latvia with combined capacity of 200 MW. €179m investment to help decentralise energy sources and strengthen energy independence. Construction planned to start in 2024 and be operational in 2025.
Green Genius has obtained permits to build two solar power plants in Lithuania and Latvia with a combined capacity of nearly 200MW. Construction of the 78MW project in Seduva, Lithuania and the 121MW project in Jekabpils, Latvia is planned to start in 2024 and be operational in 2025. Green Genius will invest €70m in the Seduva project and €109m in the Jekabpils project. This is Green Genius' first foray into the Baltic region and is intended to help decentralise energy sources and strengthen the energy independence of the region.
How Will Green Genius Decentralize Energy in Baltic Region?
- Green Genius will utilize the Harvard University researchers' novel liquid-based encapsulation platform to protect energy devices from water.
- The polymer matrix containing hydrophobic oils will fill-in and reduce coating layer's defects, thus blocking water molecules from passing through.
- Green Genius will be able to replenish the hydrophobic oils to extend the lifetime of the enclosed materials.
- This new technology will offer advantages such as water protection, flexibility, optical transparency, and self-healing.
- By utilizing this technology, Green Genius will be able to safely decentralize energy in the Baltic region.
- This decentralized energy will be able to provide reliable and sustainable energy to the region, while providing an additional source of income to local communities.