AB “Ignitis grupė” (the Group) announces that the Tauragė solar farm, operated by its Lithuania based subsidiary UAB “Ignitis Renewables,” has achieved its commercial operation date (COD). Located in southwestern Lithuania, this hybrid project integrates a 22 MW solar farm with an existing 25 MW wind farm, collectively powering approximately 40,000 homes. The total investment in the solar farm is around EUR 14 million, lower than the previously estimated EUR 16 million. As per the company, following the COD, the Group’s total installed Green Capacities have reached 1.4 GW. The Group aims to increase these capacities to between 4 and 5 GW by 2030, growing from 1.2 GW in 2022. The successful implementation of the Tauragė project aligns with the Group’s strategic goals, also contributing to Lithuania’s energy independence and sustainability goals.
Tauragė Solar farm achieves COD
Tauragė hybrid project integrates 22 MW solar with 25 MW wind, serving 40,000 homes in Lithuania. (Image Credit: Ignitis Group)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)