European Energy to develop 65MW solar PV plant in Lithuania

Facebook
Twitter
LinkedIn
Reddit
Email
European Energy plans to invest €1.6 billion in renewable projects in Lithuania. Image: European Energy

Renewables developer European Energy has revealed it is building a 65MW solar PV farm in the municipality of Anyksciai, Lithuania.

The project is expected to be connected to the grid during the fourth quarter of this year and will have more than 140,000 solar panels installed which are mounted on tracker systems.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The Danish developer plans to build two more projects – located in Jonava and Skuodas – in Lithuania, and these are expected to reach commercial operation by 2026.

European Energy has so far invested more than €460 million (US$497 million) in renewable projects in the country and expects to invest more than €1.6 billion in solar and wind projects with a combined capacity of 1.6GW. The company is also investing €250 million in a power-to-X plant in Lithuania to produce green hydrogen and e-methanol.

Increased interest in the Baltics, despite a lower solar irradiation level than its Southern European counterparts, is mainly due to faster development of solar PV projects in the region despite having less land available for solar PV.

Lithuania updated its national energy and climate plans (NECPs) earlier this year and plans to reach 5.1GW of solar PV by 2030, up from 800MW in the 2019 NECP submitted to the European Commission. Most of the capacity is expected to be installed in the coming years until 2026.

“It is a milestone for European Energy to have reached so far in pushing the renewable energy development in Lithuania. We are happy that together with the help of our local partners in Anyksciai and the Lithuanian government, we can implement this”, said Tadeusas Konkovskis, country manager of Lithuania at European Energy.

Once completed, it will be the largest solar PV project in the region, according to European Energy. However, the Danish developer recently unveiled a 115MW solar PV project in Latvia which is expected to be grid connected in 2025.

PV Tech publisher Solar Media will be organising the third edition of Large Scale Solar CEE in Warsaw, Poland during 14-15 November. The event will focus on Eastern Europe with a packed programme of panels, presentations and fireside chats from industry leaders responsible for the build out of solar and storage projects in Poland, Bulgaria, Romania, Greece and Hungary. More information, including how to attend, can be read here.
26 November 2024
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

June 20, 2024
European Energy is seeking Queensland government approval to pursue a 1.3GWp (1.1GWac) solar PV project in Australia.
June 13, 2024
The European Bank for Reconstruction and Development (EBRD) has formed a joint venture with German energy company Goldbeck Solar Investment to develop up to 500MW of solar PV in Ukraine.
June 6, 2024
Investment in solar PV is expected to surpass all other generation technologies combined with over US$500 billion, according to a report from the International Energy Agency (IEA).
May 20, 2024
A win by the US Republican Party in this year’s election could decelerate the country’s energy transition and reverse decarbonisation policies.
Premium
May 13, 2024
Despite Ukraine’s ongoing conflict with Russia, the country’s solar sector continues to develop. Lena Dias Martins reports on the opportunities solar developers are finding amid the horrors of war.
May 3, 2024
Danish solar developer Nordic Solar has powered a 100MW PV plant in Lithuania, the country’s largest operational solar project.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA
Solar Media Events
October 15, 2024
Santiago, Chile