Green Genius secures 92 million loan to construct wind park in Western Lithuania
Renewable energy company Green Genius, operating in 8 European markets, signed 92 million EUR loan with Swedbank in Lithuania. These funds will be used for the construction of an 80 MW wind farm in Jurbarkas district, Western Lithuania.
“80MW wind farm in Lithuania will further improve Green Genius development and construction portfolio diversification in terms of geography and technology. Being one of the largest projects in the country it will also support the region’s pursuit towards decarbonization and energy independence. ,” says Rokas Bancevičius, CFO of Green Genius.
The wind park will start generating green electricity in 2025 and will be the largest such park in the Jurbarkas region. It will provide business enterprises in Lithuania with green electricity, saving more than 130,000 tons of CO2 per year.
Green Genius confirm €179 million investments in solar power plants in the Baltic States
The renewable energy company Green Genius, operating in 8 European countries, has obtained permits to build solar power plants in Lithuania and Latvia. The company will install a 78 MW solar power plant near Seduva, Central-North of Lithuania. Meanwhile, in Latvia, the construction will amount to 120.8 MW of solar. The construction of both ...
Green Genius to implement a new industrial solar PV-plus-storage solution for a sustainable brewery in Lithuania
Green Genius, a renewable energy company operating in 8 European countries, has entered into a novel Energy-as-a-Service power purchase agreement (PPA) with Lithuanian brewer Svyturys-Utenos Alus (SUA), part of the Carlsberg Group. As part of agreement, Green Genius will develop, construct, commission, and operate two first of their kind PV-plus-storage systems in Lithuania that ...