22 MW Tauragė solar farm in Lithuania has reached commercial operation date
July 12 2024 - 1:00AM
UK Regulatory
22 MW Tauragė solar farm in Lithuania has reached commercial
operation date
AB “Ignitis grupė”
(hereinafter – the Group) informs that Tauragė solar farm,
controlled by the Group’s subsidiary UAB “Ignitis renewables”
(hereinafter – Ignitis Renewables), has reached commercial
operation date (hereinafter – COD).
The project is located
in the south-western part of Lithuania, on the territory of an
existing wind farm, making this a hybridisation project. The
installed capacity of the solar power plant is 22 MW. Alone, it
will power around 13,000 homes. Together with the 25 MW wind farm,
they will power around 40,000 homes in Lithuania.
The total investments
in the solar farm will reach approx. EUR 14 million, less than
previously communicated (approx. EUR 16 million).
With the COD of
Tauragė solar farm, the Group’s installed Green Capacities has
reached 1.4 GW.
The Group notes that
the objective of the Group is to increase its Green Capacities 4
times, from 1.2 GW in 2022 to 4–5 GW by 2030. For further details,
see the Group’s strategy (link).
The information
provided in this notification does not affect the Group’s 2024
Adjusted EBITDA and Investment guidance.
For more
information, please contact:
Paulius Kalmantas
Communications Partner at Ignitis Renewables
Phone: +370 617 51616
Email: paulius.kalmantas@ignitis.lt