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Green Genius and Luminor Bank have reached an agreement on a EUR20 million (US$20.1 million) loan for the development of 35 MW remote solar projects in Lithuania.
Green Genius will implement six solar power projects with the Luminor financing. These power facilities will annually prevent the release of 18,000 tons of CO2 into the atmosphere.
Green Genius will install its first solar farms this summer. The entire project will be finished by the end of 2022.
