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Ignitis Group, the Lithuanian energy conglomerate whose shareholders include the country’s Finance Ministry, is replacing nearly all of its senior leadership within about a year. The chief…
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Lithuania has rapidly become one of the most dynamic markets in Europe for energy aggregation, driven by its fast-growing renewable energy capacity, advanced smart-metering infrastructure, and regulatory…
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Ignitis Renewables has confirmed that it will fully implement the recommendations issued by the National Audit Office following its assessment of Curonian Nord, Lithuania’s flagship commercial offshore wind…
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Ignitis Group, a renewables-focused integrated utility, has secured EUR 318 million in non-recourse project financing from a strong group of lenders, comprising both institutional and commercial banks,…
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Lithuania is rapidly emerging as a frontrunner in Central and Eastern Europe for battery energy storage deployment, with a string of large-scale projects designed to stabilise the…
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Ignitis Group has signed a collaboration agreement with Vilnius University (VU), marking the start of a partnership focused on innovation and the application of artificial intelligence in…
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NEWS
The 72.5 megawatt (MW) Stelpe solar farm II, developed in Latvia by Ignitis Renewables, an international green energy company, has reached the commercial operation date. The project…
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NEWS
Lithuania’s National Energy Regulatory Council (NERC) has temporarily suspended the procedures for the second offshore wind farm tender, following a government decision on September 6. The tender,…
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DEEP DIVE
At the heart of Lithuania’s hydrogen ambitions is the Lithuanian National Energy Independence Strategy, adopted in June 2024, foreseeing hydrogen sector as a cornerstone of renewables driven and…
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