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Lithuania Powers Ahead: Renewables, Storage, and Grid Upgrades Transform Energy Future
In October 2025, Lithuania continued to make significant strides in its energy transition, focusing on expanding renewable generation, energy storage, and grid resilience. The country has been actively developing large-scale battery energy storage systems, with projects such as the 291 MW installations at Kelmė, Mažeikiai, and Kruonis, alongside private initiatives like the 70 MW project in Šalčininkai.…
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Lithuania’s Renewable Energy Boom: Record Growth and the Path to Unlocking Its Full Potential
Written for The Voice of Renewables by Renwise. Lithuania’s renewable energy capacity is growing impressively, but faces a reality that is holding back projects: only a fifth of the projects that reserved the grid have reached FID Recently, Litgrid announced that more than 5,400 MW of installed capacity of solar (2,936 MW) and wind (2,467…
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Enery acquires Slovakia’s largest operational solar PV portfolio from ContourGlobal
Enery, a leading independent green power producer in Central and Eastern Europe, has announced the acquisition of Project Lassie—a portfolio comprising 32 operational photovoltaic (PV) power plants across Slovakia with a combined capacity of 34.6 MW. Formerly owned by ContourGlobal (51%) and Energy Infrastructure Partners (49%), the portfolio represents the largest operational solar portfolio in Slovakia.…
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Greenvolt secures €35 Million financing for Large-Scale hybrid project of over 150 MW in Denmark
The Greenvolt Group, through Greenvolt Power, has signed a €35 million project finance agreement with Ringkjøbing Landbobank to finance the construction and operation of a large-scale hybrid project in Høegholm, Denmark, combining solar photovoltaic generation and battery energy storage (BESS). The project integrates 97.36 MW of solar generation with a 55–60 MW / 110–120 MWh battery energy storage system, designed to…
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INVL Renewable Energy Fund I-managed REFI Sun raised more than EUR 5 million in public bond offering
REFI Sun, a company owned by INVL Renewable Energy Fund I, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, raised more than EUR 5 million euros in a public offering of bonds. The money, which was raised from investors in the Baltic countries, will be used to finance…
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EnBW Opens First Fast-Charging Site with an Integrated Photovoltaic Park
EnBW Energie Baden-Württemberg AG (EnBW) – one of Germany’s and Europe’s largest fully integrated energy companies, and the leading provider of fast-charging infrastructure in Germany – has commissioned a pioneering new fast-charging park in Klipphausen, Saxony. The covered charging park is located directly off the A4 motorway and connected to an adjacent 12,000 m² solar…
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Saras completed the sale of SarHelianto S.r.l. to PLT energia
Saras S.p.A. announces that Sardeolica S.r.l. has sold its subsidiary SarHelianto S.r.l., to PLT energia S.r.l., a leading Italian operator in the renewable energy sector. SarHelianto S.r.l. owns and operates the photovoltaic plant located in Cagliari – Sardinia – in the Macchiareddu area which, with an installed capacity of 79 MW and an estimated production…
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Lithuania Boosts Renewable Energy Output by 16% in Q3 2025 — Local Generation Covers 70% of Electricity Demand
Lithuania’s electricity transmission system operator “Litgrid” has published the country’s electricity system indicators for July–September 2025. In the third quarter of this year, electricity production in Lithuania increased by 16% compared to the same period last year. Local generation covered 70% of Lithuania’s electricity demand, with renewable energy sources accounting for 73% of total domestic production. In the third quarter of 2025, 2.135 TWh of electricity was produced in Lithuania — 16%…
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European Energy divests combined solar and battery park in Latvia to Sampension
European Energy sells 50% of its 111 MW Saldus solar and battery project in Latvia to Sampension, one of Denmark’s largest pension funds. The project combines a 65 MW solar PV plant and a 46 MW battery energy storage system, supporting Latvia’s renewable energy and grid flexibility goals. The transaction strengthens the partnership between European…
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Estonia Estonia Backs Stronger EU and NATO Cooperation with Azerbaijan, Highlights Energy and Digital Partnership Opportunities
Foreign Minister Margus Tsahkna is visiting Azerbaijan with an Estonian business delegation to strengthen economic and digital cooperation between the two countries. The delegation includes 15 companies from various sectors, and the visit will feature a meeting with Azerbaijan’s President Ilham Aliyev and Foreign Minister Jeyhun Bayramov. “As a member of both the European Union…
