Where is Lithuania's largest solar park?
Danish solar energy company Nordic Solar is building Lithuania's largest solar park to date, located in Moletai in eastern Lithuania about 60 km from Vilnius. The new solar park, which is currently under construction, is expected to start producing electricity in the first half of 2024. Courtesy of Nordic Solar
What does the new Lithuanian solar park mean for Nordic solar?
The new Lithuanian solar park, which will add 100 MWp to the company’s portfolio of solar parks in operation, indicates that Nordic Solar is well on the way to achieving its strategic goals and expanding its geographical diversification. “The new solar park in Moletai in Lithuania is accentuating an important part of Nordic Solar’s growth journey.
Is Lithuania a good country for solar energy?
Lithuania has been significantly expanding its solar parks, growing from zero in early 2000s to 814 MW capacity in 2022. Lithuania is a net energy importer. In 2019 Lithuania used around 11.4 TWh of electricity after producing just 3.6 TWh. Systematic diversification of energy imports and resources is Lithuania's key energy strategy.
Does Lithuania need to change its energy system?
Lithuania needs to change its energy system as it imports a large share of its electricity needs. To achieve its goals, Lithuania plans to reduce electricity imports by half and produce 70% of its electricity needs from domestic sources by 2030. It also aims to synchronize with the continental European power system by early 2025.
What percentage of Lithuania's electricity is renewable?
In 2016, renewable energy constituted 27.9% of the country's overall electricity generation. Previously, the Lithuanian government aimed to generate 23% of total power from renewable resources by 2020. This goal was achieved in 2014, with 23.9% of power being from renewable sources.
Where is Nordic solar building its largest solar park?
Danish solar energy company Nordic Solar is building its largest solar park to date, located in Moletai in eastern Lithuania about 60 km from Vilnius. The new solar park, which is currently under construction, is expected to start producing electricity in the first half of 2024.
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