Ignitis Group Powers 13,000 Homes with New Solar Farm

• Ignitis Grupe AB shines bright with new 22-MW solar farm in Lithuania, powering 13,000 homes and advancing towards 4-5 GW goal by 2030.

Ignitis Grupe AB has completed the commissioning of a 22-MW solar farm in Lithuania, located next to an existing wind farm in Taurage. The solar project is expected to generate enough clean electricity to meet the needs of approximately 13,000 households annually, in addition to the power generated by the 25 MW wind capacity on site. The construction of the solar farm, which began in August, required an investment of around EUR 14 million, lower than the initial estimates.

This new solar farm brings Ignitis' total installed renewables capacity to 1.4 GW, as the company works towards its goal of reaching 4 GW to 5 GW by 2030. The completion of this project marks a significant step towards increasing renewable energy production in Lithuania and reducing carbon emissions in the region.

How does Ignitis Grupe AB's new 22-MW solar farm impact Lithuania's renewable energy goals?

• The 22-MW solar farm in Lithuania, completed by Ignitis Grupe AB, is expected to generate enough clean electricity to meet the needs of approximately 13,000 households annually.
• The solar farm is located next to an existing wind farm in Taurage, adding to the renewable energy capacity in the region.
  
• The construction of the solar farm required an investment of around EUR 14 million, lower than the initial estimates, showcasing the cost-effectiveness of solar energy projects.
  
• Ignitis Grupe AB's total installed renewables capacity now stands at 1.4 GW, with plans to reach 4 GW to 5 GW by 2030, contributing significantly to Lithuania's renewable energy goals.
• The completion of this project marks a significant step towards increasing renewable energy production in Lithuania and reducing carbon emissions in the region, aligning with the country's commitment to clean energy transition.