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Lithuania Launches New Financing Round for Standalone Energy Storage Projects

As of November 6, legal entities are invited to apply for financing for standalone energy storage parks connected directly to the electrical grid.

📢 The Ministry of Energy, together with the National Development Bank INVEGA (ILTE Lietuva), continues the implementation of the measure “AEI Loan for Legal Entities.”

Companies developing energy storage parks not linked to wind or solar power plants will be eligible for loans covering the purchase and installation of these systems.

💬 “The opportunity to finance individual energy storage systems paves the way for an even faster expansion of balancing capacities and strengthens the stability of the electricity system—not only in Lithuania but across the entire region,” said Minister of Energy Žygimantas Vaičiūnas.

EVENT ALERT: LITRES – LITHUANIAN RENEWABLE ENERGY CONGRESS

DMVR

ABOUT THE AUTHOR

Derek Michalski

The Voice of Renewables editorial team reports on the policies, projects, technologies and people shaping the global energy transition.

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