Lithuania prepares large-scale battery storage space for grid switchover
Government of Lithuania reportedly plans to build among the world's biggest battery parks as it detaches from the Russian-controlled power grid. Reuters reported
Oct 12, 2020 // Storage, Grids, Europe, Lithuania, ignitis group, Zygimantas Vaiciunas
Customer system for buying remote solar in Lithuania
solutions. Promoted as a globe initially, an on-line system released in Lithuania is providing individuals the possibility to buy remote photovoltaic panels
Mar 26, 2020 // Residential, Markets & Finance News, Europe, Lithuania, covid-19, Deividas Varabauskas, Sun Investment Group
Lithuanian energy ministry issues timeline for renewables auctions
Lithuania is set to hold technology-agnostic renewable energy auctions. After plans announced in April secured EU approval, the country’s Ministry of Energy has now issued a timeline for the exercise. Lithuanian energy minister Žygimantas Vaičiūnas said annual auctions, each for 700 GWh of renewables generation capacity, will be held from next year to 2022. A first auction was announced by the State Energy Regulatory Authority on September 2, said a statement from the ministry. The proposed tender timeline is yet to be approved by the government. “Lithuania has set ambitious targets for the development of renewable energy and a clear plan for achieving them,” said Vaičiūnas. “It is our ambition to have as much clarity and transparency as possible for those investing in green energy in Lithuania and to maximize the number of bidders and competition. The approved auction schedule will allow investors to evaluate their options and prepare properly for all auctions.” The plan to attract investors includes action from electricity distribution and transmission system operators which are ordered to publish details online of spare capacity in their networks. Such information will show investors which regions have capacity immediately available and which areas will involve a wait for new infrastructure. Import dependency Lithuania plans to reduce electricity imports and achieve 38% energy independence by 2025. The government assumes it will need around 5 TWh of electricity generation capacity to achieve that goal. In the announcement in April, the government disclosed it would provide a 12-year feed-in premium tariff. “The key criterion that will determine new auction winners will be the lowest premium [offered by the bidders] … to the hourly electricity market price in the day-ahead Nordpool spot,” the government said. Lithuania’s installed renewable energy capacity totaled just 832 MW last year, of which 86 MW were PV. The country’s regulatory framework only supports residential and commercial systems, through a net metering scheme. The government has put aside €385 million to stage the tenders which form part of a bid to eliminate power imports by 2050. By 2030 the administration aims to halve imports, with two-thirds of its electricity consumption to be produced domestically. The government calculates around 35% of Lithuania’s power demand can be met by domestic generation by next year.
Sep 10, 2019 // Markets & Finance News, Europe, Lithuania, Žygimantas Vaičiūnas
Last call for responses on EU guidelines for renewables financing
and also joint tasks. For example, Luxemburg has signed contracts with both Lithuania and Estonia where excess electrical power created in the latter two countries
May 28, 2020 // Markets & Finance News, Europe, Kadri Simson
Fluence, Siemens supply Baltic battery pilot
connected to the transmission system in the Baltics. The pilot with Litgrid, Lithuania's transmission system driver (TSO), will deploy a 1MW battery at an area near
Apr 7, 2021 // Storage, Europe, Lithuania, Siemens, Fluence, Manuel Perez Dubuc, LITGRID
A CIGS perovskite tandem solar cell with potential for 27.5% efficiency
at the Lithuania Kaunas University of Technology claim to have improved on the previously announced 23.26% efficiency of a perovskite-based copper indium
Jan 8, 2020 // Technology, Japan, Europe, Asia, solar cell, perovskite, Lithuania, CIGS, Kaunas
Tandem Solar cell Shows 29.15% Performance
Germany as well as the Center for Physical Sciences as well as Technology in Lithuania. The product, called 2PACz and also MeO-2PACz, will certainly quickly show up
Feb 14, 2020 // Technology, Europe, solar cell, perovskite, Lithuania, Kaunas, Vytautas Getautis
Australia's very first digitized PPA
$10 million PPA different from others is its hidden innovation developed by Lithuania-based blockchain start-up
Jun 5, 2020 // Plants, Large-Scale, Commercial, PPA, Australia, Oceania, Robinvale Solar Farm, Zeight Gao, Lorita Chen
Finnish solar supplier promotes self-charging auto offer as EUR3.5 m fundraising ticks down
repayment for the tortuous purchase of a high-efficiency cell assembly line in Lithuania did not pivot only on the exchangeable bond issuance yet failing of the
Mar 12, 2020 // Manufacturing News, Markets & Finance News, Germany, Europe, Lithuania, Finland, Valoe Corp, Likka Savisalo
Ignitis Group gets 170MW Polish solar portfolio
it revealed strategies to wage an initial public offering (IPO) in Vilnius, Lithuania, and also London in October. The firm intends to have a totally free float of
Sep 18, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, IPO, Europe, Lithuania, Deividas Varabauskas, Sun Investment Group, ignitis group, sig
Google bets on cheap solar via ‘biggest’ clean energy buy to date
– the resulting 5.4GW portfolio could power entire countries such as Lithuania or Uruguay, Pichai added. Even before this week’s major procurement
Sep 20, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Amazon, Chile, solar pv, South america, Europe, North America, Facebook, Google, Denmark, corporate ppa, Sundar Pichai
A 2nd life for obsolete components as well as EV batteries
BFH, there are likewise Lund University (Sweden), Imec (Belgium), Soli Tek (Lithuania), SNAM (France), CEA Liten (France), Ecopower cvba (Belgium), PV Cycle aisbl
Mar 20, 2020 // Manufacturing News, Germany, pv modules, Europe, recycling, Switzerland, Belgium, Stefan Grösser
Finnish solar maker obtains Lithuanian manufacturing facility acquisition over the line
the cash required to finish acquisition of the manufacturing facility from Lithuanian solar firm Solitek and also its moms and dad Global BOD with a EUR3.5 million
May 7, 2020 // Manufacturing News, Markets & Finance News, Policy, USA, Sweden, Europe, North America, Denmark, Lithuania, Norway, Finland, covid-19, ICELAND, Valoe, Iika Savisalo
tag | search (Libya) Liechtenstein tag | search (Liechtenstein) Lithuania tag | search (Lithuania) Luxembourg tag | search
Apr 28, 2020
Solar PV capacity by country
(2017) Cyprus 5 70 14 84 21 105   113 3.3%
Apr 29, 2020