Energy

Pilot project of floating solar power plant in Kruonis PSHP receives funding

The Lithuania Tribune Experimental floating photovoltaic solar power plant project in Kruonis pumped storage hydroelectric power plant (PSHP), developed by Lithuanian state-owned enterprise Lietuvos Energijos Gamyba has received funding from the Lithuanian Business Support Agency […]

Astravyets NPP
Energy

Lithuania now has substantial legal arguments to deny access for electricity produced in the unsafe Astravyets Plant

On 7 February 2019, the Meeting of the Parties to the Convention on Environmental Impact Assessment in a Transboundary Context (Espoo Convention) in Geneva definitively concluded that during the construction of the Astravyets Nuclear Power Plant (NPP) in the vicinity of the Lithuanian border and Vilnius, Lithuania’s capital city, Belarus had infringed three articles of the Convention thus failing to justify the selection of the construction site and consult with the countries that are most likely to be affected. […]

Lietuvos energija
Energy

Lietuvos Energija calls for strategic partners to develop offshore wind energy projects

Lietuvos Energija, one of the largest state-owned energy companies in the Baltic States, announces international search for a strategic partner to develop offshore wind energy projects. Lithuanian company has initiated an Expression of Interest (EOI) process to select an experienced partner for the development of projects in the European Economic Area. […]

Kaunas hydropower plant battery
Energy

Lietuvos Energijos Gamyba initiates a unique pilot project in the Baltics – a battery energy storage system in the Kaunas hydropower plant

Lithuanian state-owned enterprise Lietuvos Energijos Gamyba, a part of Lietuvos Energija Group, has started preparations for 1 megawatt energy storage system installation in Kaunas Algirdas Brazauskas hydropower plant. Operating in synergy with the plant, the new storage system would become the first and the biggest innovation of this kind in the Baltic States, a press release from the group states. […]

Independence FSRU
Energy

Lithuania to purchase LNG terminal’s vessel amid cost cutting efforts

The Lithuanian government approved on Wednesday the legislation, opening doors for the buyout of the country’s liquefied natural gas (LNG) terminal’s floating storage and regasification unit (FSRU) which Lithuania currently leases. […]

No Picture
Energy

The biggest Lithuanian energy company expands in Poland

The Lithuanian state capital energy company group Lietuvos Energija moves forward with implementation group strategy LE 2030 by becoming prominent market player in Poland during the next two years. The group made strategic decision a step further and appointed a Regional manager for Poland in October. This position will be held by Ms. Diana Kazakevič, previously Director of the Business Development Department of one of the group’s companies Energijos Tiekimas, a press release from Lietuvos Energija states. […]

Energy

Eesti Gaas places order for the first LNG bunker vessel for North-East Baltic Sea

The leading Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas) bunker vessel with bunker tank capacity of 6,000 m3. The new vessel will provide mobile and efficient LNG bunkering for the growing number of LNG-fuelled vessels in the North-East region of the Baltic Sea and onshore clients. The vessel will be built by the Dutch shipyard Damen Group and will be delivered in September 2020, a press release from the Estonian company states. […]