Žvejų g. 14,, LT-09310 Vilnius, Lithuania
Ignitis Group is a state-controlled energy company in Lithuania. As an international energy company, Ignitis is a leader of the energy transition in the Baltics. The company invests into large-scale solar and wind energy sites.
Ignitis Renewables, daughter company of Ignitis, agreed to purchase a 200MW hybrid wind and solar project which is under development in Latvia. Constructions are planned to start between 2025 and 2026 and the project is expected to be operational by 2027 or 2028. The purchase of this project will help Ignitis reach its goal to achieve an installed renewables capacity of 4GW in operation by the year 2030.
Lithuanian energy company Ignitis Group will acquire a large onshore wind project that is currently being developed in Lithuania. Once operational, the wind farm is expected to have a capacity of up to 300MW. The project is expected to become operational in 2025.
Picture Source: Unsplash, 19.03.2021