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plans for the largest solar farm to date in the Baltics located in Anyksciai, Lithuania. It will have a capacity of 65MW and be connected to the grid in Q4 2023. The

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

Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has secured a EUR 25 million loan from infrastructure lender Kommunalkredit Austria AG

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.

Genius carried out a varied series of solar energy projects in Lithuania, Ukraine, Poland as well as Belarus, according to its internet site.

team of chemists from Kaunas University of Technology in Lithuania has developed a novel material for perovskite solar cells, which can improve their stability and

actually prepared a financial agreement to develop eight solar PV projects in Lithuania with a complete capacity of 65.7 MW. The solar farms are arranged to be built

was signed with PV Energy Projects Sp zoo, an unique purpose vehicle had by Lithuanian closed-end investment fund UAB Atsinaujinancios Energetikos Investicijos,

park in Poland. JSC runs 68.1 MW of solar energy plants in Poland as well as Lithuania. It also co-owns a 185.5 MW wind power plant portfolio in Lithuania

countries are Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia. Greece, Portugal, and Slovenia are set to

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

Renewable Energy Fund I, managed by Lithuania's INVL Asset Management, has raised EUR 4.5 million (USD 4.8 million) from its maiden public bond sale in

has actually safeguarded grid connection for a 252MW solar project in Lithuania's Jonava area. Ignitis Renewables Projektai, a subsidiary of Ignitis

with continental Europe's with a connector in between Poland and also Lithuania, the Harmony Link project. Lithuania is additionally undertaking large

include Bulgaria, Croatia, Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Montenegro, Poland, Romania, Serbia, Slovak Republic and also