Ignitis Group

/RIGA, LATVIA, September 22, 2025, 11:00 CET, RENEWABLE MARKET WATCH™/ The 72.5 megawatt (MW) Stelpe Solar Farm II, developed by Ignitis Renewables, an international green energy company, has officially commenced commercial operations. Situated in the southern region of Latvia, within the Bauska municipality, the solar farm spans 85 hectares and is equipped with 121,000 solar panels.

/VILNUIS, LITHUANIA, September 1, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ The Ministry of Energy of Lithuania has launched a support initiative aimed at enhancing the flexibility and reliability of the electricity system by encouraging the installation of high-capacity electricity storage facilities. The previous funding call, which attracted considerable interest from market participants, closed at the […]

/VILNIUS, LITHUANIA, August 29, 2025, 9:15 CET, RENEWABLE MARKET WATCH™/ Ignitis Group, an integrated utility focused on renewable energy, is expected to start construction of battery energy storage systems (BESS) in Lithuania soon. The company will implement these BESS plants in the areas around Kelmė, Mažeikiai, and Kruonis. With a combined capacity of 291 MW […]

/VILNUIS, LITHUANIA, July 25, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Lithuania’s Ministries of Energy and Environment have approved an additional €37 million to expand capital expenditure support for energy storage projects. This funding supplements an existing €102 million fund managed by the Environmental Project Management Agency (EPMA) during its first call, which closed on June […]