lithuania

Lithuanian energy supplier Green Genius has secured €9.5 million (US$10.07 million) from investment and insurance company INVL towards building 500MW of renewables projects in Romania.

Renewables developer European Energy is to build a 65MW solar PV farm in the municipality of Anyksciai, Lithuania.

Arctech, a global PV tracker manufacturer, will supply its Skyline tracking solutions to a 78.8MW solar project in Lithuania, to be developed by Danish solar developer European Energy.

Solar electricity generation in the EU grew significantly last year thanks to a rise in adoption in major countries, according to a study conducted by energy think tank Ember.

Fast solar project completion times mean the Baltics are becoming increasingly attractive to developers compared with other European markets.

Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian developer with a 300MWp portfolio of solar PV.

Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian renewables company which is developing a 200MW wind and solar project in the country.

The European Union (EU) should set higher solar PV deployment targets and speed up the energy transition to phase out its energy dependency on Russia as soon as possible, according to five member states of the bloc.

As the European Union forges ahead with its green recovery and looks to meet new emissions reduction targets, member states should ensure they convey the benefits of solar power to citizens while also building partnerships with industry, according to a panel speaking at this week’s SolarPower Summit.