Ignitis Group, through its subsidiary Ignitis Renewables Projektai, has been awarded a grid connection capacity by domestic transmission system operator Litgrid AB for its 252 MW solar photovoltaic project located in Jonava, Lithuania.
The project has an estimated total investment of EUR200 million (US$200.29 million). The final investment decision for the project is expected to be concluded once the final permit from the National Energy Regulatory Council (NERC) is secured.
The solar farm is targeted for commercial operation by 2025 and will operate under market conditions.
Country updates
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June 09, 2022
Ignitis secures approval for 22 MW solar project with a 10 MW wind farm in Taurage
Ignitis Renewables has received approval from the State Energy Regulatory Council to build a solar park in the Taurage district, Lithuania. The developer plans to combine a new 22 MW solar project wi...
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May 31, 2022
BaltCap begins construction of 30 MW wind project in Zvirgzdaiciai
BaltCap Infrastructure Fund has begun work on a 30 MW wind project in the town of Zvirgzdaiciai in Lithuania’s Sakiai district. The EUR42 million (US$45 million) wind project comprises six...
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January 17, 2022
Enefit closes EUR80mn funding for 138 MW wind projects in Lithuania and Estonia
Enefit Green AS has closed a EUR80 million (US$91 million) debt financing to support the construction of wind farm projects in Lithuania and Estonia. Nordic Investment Bank (NIB) has awarded th...
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October 13, 2021
Enefit Green closes final investment decision for 75 MW Akmene wind project
Enefit Green AS, a subsidiary of Eesti Energia, has made the final investment decision for the development of the 75 MW Akmene wind farm project in Lithuania. The developers have also s...
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July 28, 2021
INVL Asset Management launches INVL Renewable Energy Fund I (REFI)
INVL Asset Management, one of the leading asset management companies in Lithuania, has established INVL Renewable Energy Fund I (REFI), which will invest in renewable energy facilities in the European...
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