“With this transaction, we are strengthening our presence in the domestic market in Lithuania and expanding our green generation capacity, accelerating our progress towards the Group’s ultimate goal of achieving 4 GW of installed green generation capacity by 2030,” said Thierry Aelens, CEO at Ignitis Renewables.
The project is at an early development stage. The company, which is developing a wind park, has already started the environmental impact assessment of the project. It is planned that commercial operations could start in a period of 2026 – 2030. With this project, Ignitis Group’s portfolio of green generation projects in operations, construction, and development reaches 4.8 GW, of which 1.2 GW is in operation and 3.5 GW is under construction or development. Out of a total pipeline under construction and development, approximately 2.2 GW is in Lithuania.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Autumn 2022 issue
The Autumn 2022 issue of Energy Global hosts an array of technical articles focusing on wave & tidal, waste-to-energy, energy storage, solar technology, and more. This issue also features a regional report outlining how green hydrogen is playing a key role in the renewable transition across Europe .
