Lithuania

European Energy began installing a BESS at its 78.5-MW Anykščiai solar park, adding multi-hour flexibility to Lithuania’s rapidly greening power system.

Rolls-Royce Power Systems will deliver 291-MW/582-MWh of battery storage to Ignitis Group, its largest BESS order yet, supporting Baltic grid reliability and renewables.

Green Genius secures EUR 36.66M for a 78-MW solar-plus-storage project in Lithuania, aiming to slash 60,457 tonnes of CO2 annually by 2027.

Lithuania’s Ignitis Group will invest €130 million to install 291 MW/582 MWh of battery storage at wind and hydro sites, targeting grid flexibility by 2027.

Green Genius secures EUR 48.9M for 89.7-MW solar parks in Lithuania, boosting green energy with 100,000 MWh annually.

Nordic Solar A/S secures major funding to power Lithuania's green future with an 80-MWp solar project, boosting Baltic renewable energy ambitions.

Electrum’s new 22-MW solar farm in Lithuania is now operational, showcasing cutting-edge renewable energy solutions while powering the future of sustainable innovation in the Baltics!

Electrifying Lithuania's future! Elektrum Lietuva breaks ground on three solar parks, boosting renewable energy with a powerful 176 MW capacity by September 2025.

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 A/S secures DKK 245 million to power Lithuania’s largest solar park, advancing renewable energy and supporting 28,000 households. A bright future for sustainability!

Lithuanian researchers have developed a new material, tin zirconium titanium selenide, that could significantly improve the efficiency of silicon solar cells by converting previously unused light into extra energy.

Modus Asset Management secures EUR 14 million from SEB Bank to finance the purchase of a solar portfolio in Lithuania with bifacial photovoltaic panels and single-axis trackers. This acquisition brings Modus' solar portfolio up to 76 MW and is expected to generate 26 GWh of electricity annually.

Green Genius & Citadele Bank join forces to power Svyturys-Utenos alus brewery - 100% Renewable Energy. A 6.9 million euro financing agreement to install solar power plants & energy-as-a-service solution to meet electricity needs. 2.6 million euro funded by European Climate, Infrastructure & Environment Executive Agency.

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.

Polish lender Bank Pekao (WSE: PEO) will extend PLN 105 million (USD 24.5 m/EUR 22.4 m) in debt financing to back the building of 67.8 MW of solar photovoltaic (PV) plants in its home country, it claimed previously this week.