Danish company Nordic Solar A/S marked a significant milestone on Thursday with the inauguration of a 100-MWp solar farm in Moletai, Lithuania, marking its debut investment in the Baltic nation.
Moletai now hosts the largest solar farm in both Nordic Solar's portfolio and Lithuania's solar energy landscape, the Danish firm confirmed.
“This investment is not the only Nordic Solar investment in Lithuania. We have already started the construction phase for an 80 MWp plant, and we also plan to construct an even larger plant in 2026-27,” remarked Nikolaj Holtet Hoff, CEO of Nordic Solar.
Equipped with bifacial solar panels, the newly operational plant is already connected to the grid and boasts the capacity to cater to the annual energy needs of approximately 28,000 European households. Nordic Solar has previously inked a balancing agreement with Estonia's Enefit Green AS (TAL:EGR1T), securing the purchase of all electricity generated by the Moletai facility.
“We are happy that after the start of electricity production in the Moletai, Svencionys and Jonava solar parks of Nordic Solar, the national installed capacity of solar power plants will increase by as much as 9 percent, and renewable energy will be able to reach more than 200,000 households,” Lithuania's deputy minister of energy Daiva Garbaliauskaite commented.
