Lithuania has received approval from the European Commission (EC) to allocate EUR 122 million (USD 132.8 million) in state aid to AB Achema, a Baltic fertiliser…
Browsing: Lithuania
Lithuanian energy firm Ignitis Grupe AB announced today the operational launch of its 22-MW solar project situated next to an existing wind farm in Taurage, Lithuania.…
Nordex has secured a significant order to supply turbines for a 42 megawatt (MW) wind project near Kaunas, Lithuania. The contract, signed with E energija group,…
The European Union has announced a significant financial commitment of nearly €3 billion through its Modernisation Fund, aimed at advancing renewable energy projects across 10 Member…
Lithuania’s INVL Asset Management, through its Renewable Energy Fund I, has finalized a EUR 17.5 million (USD 18.7 million) loan agreement to advance the acquisition and…
Green Genius, a Lithuanian renewables developer, has finalized EUR 87 million (USD 93.5 million) in debt financing to commence construction on Latvia’s largest standalone photovoltaic (PV)…
Sun Investment Group (SIG), a prominent player in European renewable energy, has secured a substantial debt facility aimed at bolstering its ambitious solar photovoltaic projects in…
Danish wind turbine manufacturer Vestas has announced a significant order for a wind energy project in Telsiai, Lithuania. The order, totaling 124 megawatts (MW), was placed…
Latvenergo, the state-owned electric utility company of Latvia, has completed the acquisition of Utilitas Wind’s 124MW Telšia wind farm in Lithuania, securing 100% ownership. The wind…
Citadele Bank, based in Latvia, has provided EUR 19.8 million (USD 21.5 million) in debt financing to facilitate the development of a portfolio of solar parks…
Ignitis Group AB, the Lithuanian energy company, has reported a notable increase in adjusted EBITDA for the first quarter of the year, driven by growth across…
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…
