Nordic Solar Announces 80-MWp PV Park in Lithuania

• Nordic Solar is revolutionizing Lithuania's energy landscape with an 80-MWp solar park, powering 26,000 homes and bolstering its capacity to 180 MWp by 2025!

Nordic Solar is set to launch an 80-MWp photovoltaic (PV) park in Lithuania by 2025, significantly expanding its operational capacity in the country. This project will bring Nordic Solar's total solar generation capacity in Lithuania to 180 MWp, following the recent inauguration of the Moletai solar farm, the largest in Lithuania, which has a capacity of 100 MWp.

Located in Svencionys, around 80 km north of Vilnius, the new solar park will utilize bifacial PV modules and is estimated to supply electricity to approximately 26,000 European homes annually. CEO Nikolaj Holtet Hoff highlighted the investment potential in Lithuania, which is keen on enhancing its renewable energy initiatives, particularly solar energy.

What impact will Nordic Solar's new PV park have on Lithuania's renewable energy landscape?

• - Increased Renewable Energy Capacity: The new 80-MWp photovoltaic park will nearly double Nordic Solar's solar generation capacity in Lithuania to 180 MWp, marking a significant milestone in the country’s transition to renewable energy sources.
• Contribution to National Goals: Lithuania aims to generate at least 45% of its electricity from renewable sources by 2030. The addition of this solar park will help the country inch closer to these ambitious targets, supporting the overall strategy to reduce carbon emissions and enhance energy security.
• Job Creation and Economic Growth: The construction and operation of the new PV park will likely create various job opportunities in the region, spanning fields from renewable energy technology to maintenance and operations, thus stimulating local economic growth.
• Technological Advancement: By utilizing bifacial PV modules, which are designed to capture sunlight from both sides, the project showcases modern solar technologies, potentially increasing efficiency and overall power generation compared to conventional systems.
• Energy Availability: With an expected output sufficient to power around 26,000 homes, the new facility will significantly contribute to energy availability, providing residents with a reliable source of clean electricity and reducing dependence on fossil fuels.
• Positive Environmental Impact: The PV park is expected to decrease Lithuania’s carbon footprint by reducing reliance on non-renewable energy sources, aligning with global efforts to combat climate change and promote sustainable practices.
• Encouragement of Future Investments: Nordic Solar's commitment to expanding its operations in Lithuania may attract further investments from both domestic and international players in the renewable energy sector, fostering a more robust marketplace.
• Promotion of Local Energy Autonomy: The addition of the PV park will empower Lithuania to harness local solar potential, enhancing energy autonomy and resilience against external energy supply fluctuations.
• Community Engagement and Awareness: Projects of this nature often promote community awareness and engagement in renewable energy initiatives, fostering a culture of sustainability and environmental stewardship among local residents.
• Infrastructure Development: The development of the PV park may lead to improvements in local infrastructure, including roadways and connectivity, as well as enhanced grid capacity to accommodate the influx of renewable energy sources.
• Potential for Energy Export: With increasing renewable energy production, Lithuania may have the opportunity to export surplus electricity to neighboring countries, contributing to regional energy cooperation and economic benefits.