VILNIUS — Lithuania’s poorest region, Tauragė, is set to get an influx of renewable energy investment with the announcement of new solar and wind facilities there.
The country is engaging in various energy projects now that the pressure is on to diversify its energy supply chain. The country is more or less dependent on Russia at the moment for energy production because most of the country’s electricity and heat comes from gas powered stations.
Klaipėda companies Vėjo Gūsis and Vėjo Vatas will [private_supervisor]build new wind turbines in the Tauragė region with an investment of 111 million litai (€32 million). They are being bankrolled by SEB Bank and Swedbank, which have other investments in renewable energy in the country already.
The wind farms should have a capacity of around 38 million kilowatt hours annually, or enough for 20,000 people.
Regular electricity production now costs around 30 cents/kWh, but wind energy costs 22 cents/kWh.
Meanwhile the Tauragė real estate agency is creating two companies, Šviesos Energija and Šviesos Greitis, to build two solar plants.
Up to 700,000 kWh could be created from each plant, which will cost around 1.7 million litai each to build. [/private_supervisor] [private_subscription 1 month]build new wind turbines in the Tauragė region with an investment of 111 million litai (€32 million). They are being bankrolled by SEB Bank and Swedbank, which have other investments in renewable energy in the country already.
The wind farms should have a capacity of around 38 million kilowatt hours annually, or enough for 20,000 people.
Regular electricity production now costs around 30 cents/kWh, but wind energy costs 22 cents/kWh.
Meanwhile the Tauragė real estate agency is creating two companies, Šviesos Energija and Šviesos Greitis, to build two solar plants.
Up to 700,000 kWh could be created from each plant, which will cost around 1.7 million litai each to build. [/private_subscription 1 month] [private_subscription 4 months]build new wind turbines in the Tauragė region with an investment of 111 million litai (€32 million). They are being bankrolled by SEB Bank and Swedbank, which have other investments in renewable energy in the country already.
The wind farms should have a capacity of around 38 million kilowatt hours annually, or enough for 20,000 people.
Regular electricity production now costs around 30 cents/kWh, but wind energy costs 22 cents/kWh.
Meanwhile the Tauragė real estate agency is creating two companies, Šviesos Energija and Šviesos Greitis, to build two solar plants.
Up to 700,000 kWh could be created from each plant, which will cost around 1.7 million litai each to build. [/private_subscription 4 months] [private_subscription 1 year]build new wind turbines in the Tauragė region with an investment of 111 million litai (€32 million). They are being bankrolled by SEB Bank and Swedbank, which have other investments in renewable energy in the country already.
The wind farms should have a capacity of around 38 million kilowatt hours annually, or enough for 20,000 people.
Regular electricity production now costs around 30 cents/kWh, but wind energy costs 22 cents/kWh.
Meanwhile the Tauragė real estate agency is creating two companies, Šviesos Energija and Šviesos Greitis, to build two solar plants.
Up to 700,000 kWh could be created from each plant, which will cost around 1.7 million litai each to build. [/private_subscription 1 year]
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