Lithuania deploys 870 MW of solar in 2024
Lithuania added record solar capacity in 2024, pushing cumulative installations to nearly 2 GW, driven largely by residential systems and a favorable regulatory framework.
Assessing LCOE of rooftop PV in the Baltics
A study estimating the economic viability of rooftop solar in Estonia, Latvia and Lithuania forecasts the levelized cost of electricity (LCOE) for PV systems in the Baltic States at between €0.08 ($0.087) and €0.09/kWh by 2050 at a 6% discount rate.
The Hydrogen Stream: Hyundai Motor plans fuel cell plant in South Korea
Hyundai Motor says it plans to build its first hydrogen fuel cell systems plant in South Korea by 2028, pending union consultations, expanding beyond its existing facility in China.
Lithuania launches 800 MWh energy storage tender
Only a day before cutting ties with the Russian power grid, Lithuania announced the launch of a major energy storage procurement exercise.
SoliTek launches made-in-Lithuania, high-voltage C&I battery energy storage solution
The new 51.2 kWh modular storage system connects to European wholesale electricity markets such as NordPool and uses artificial intelligence (AI) to track and analyze dynamic tariffs. It offers three-phase backup and is virtual power plant-ready.
The Hydrogen Stream: EU offers financial support for renewable H2 auction
The European Commission, Austria, Lithuania, and Spain have announced new financial support measures for renewable hydrogen development as the European Union prepares for the second European Hydrogen Bank auction.
Lithuania bans remote Chinese access to solar, wind, storage devices
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
Lithuania’s largest PV carport powering 44 EV chargers
Lithuania-based Soliport has built what it claims to be the largest solar carport in the Baltic states. The 250 kW system is connected to 44 electric vehicle charging points and injects only a small portion of the electricity it generates into the grid.
Solitek unveils 435 W rooftop photovoltaic modules
Lithuania-based Solitek announced two new 435 W modules for integrated PV roofs featuring 22.04%-efficient cell technology. The Solitek’s Solid Solrif in-roof product line is paired with mounting systems supplied by Swiss-based Ernst Schweizer AG.
Assessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.
