GREEN GENIUS: Gateway to a Carbon Neutral Economy

The need to reduce greenhouse gases is immense worldwide. Industries across verticals are taking initiatives to go green to decarbonize the economy by choosing carbon neutral products. Part of this initiative includes the usage of power generated from carbon-neutral sources such as biogas or solar. However, generating energy from a renewable energy source is complicated. In order to be carbon neutral, companies need to combine various technologies and implement new solutions and equipment, which brings a new set of challenges for organizations. With over a decade of experience in renewable energy, Green Genius simplifies the generation of electricity by renewable sources of energy and enables clients to achieve their sustainable business goals. The company develops and operates solar, biogas, wind, and hydrogen energy projects across Europe.

The Green Genius team understands that not every business has the required financial resources to set up renewable energy power plant and wish to pay what they consume. To this end, Green Genius works with clients to understand their requirements and provides solar-as-a-service by simply installing a solar power plant without any expense to generate electricity from the sun. With this innovative solar as-a-service option, clients can start curtailing expenses without any upfront costs. Green Genius helps clients to transform the energy that they are using into green, clean, and low cost – all at the same time.  “We enable clients to shift to green energy sources to achieve the aim of reducing carbon emissions,” says Ruslan Sklepovič, the CEO of Green Genius. Green Genius also develops several biogas projects across Europe generating green energy and is also aiming to expand its biogas operations in the Polish market.

Green Genius has built one of the most advanced and efficient remote solar power plants in the Baltics for generating low-cost green electricity for Lithuanian businesses. The combined power of these solar power plants exceeded 13.5 MW, and the estimated annual output reached 17,000 MWh. The electricity produced by Green Genius is not only sustainable but also local—thereby increasing the country’s energy independence.

Another vital aspect that Green Genius now focuses on isthe use of hydrogen in decarbonizing. After power generation, the next big source of CO2 emission is the transport sector, especially the heavy transport, aviation, and shipping sectors. Hydrogen, on the other hand, can be used as a fuel in the transport sector as well as a raw material in energy generation to make the move toward carbon neutrality. Produced by electrolysis of water using electricity from renewable energy sources, hydrogen, also known as green hydrogen, will create the energy backbone of the future economy. “Green Genius is developing a demonstration project to validate and verify its usage to go one step further than the status quo in the market,” adds Sklepovič. Reducing global CO2 emissions requires not only specific solutions, such as solar, wind and other renewable energy sources but also – and above all – enormous strength and determination to make a difference. At Green Genius, we are dedicated to carbon neutrality with our wide variety of green energy solutions,” he concludes.

At the end of the day, we enable clients to shift to green energy sources to achieve the aim of reducing carbon emissions.

Read original interview here:

Similar texts

Green Genius and Respect Energy signs 10 year PPA

Green Genius and Respect Energy have signed a 10-year PPA agreement. As part of it, Green Genius will supply 25 GWh of green energy annually to Respect Energy and its customers, allowing to save the emission of more than 180 000 tonnes CO2 during its tenor. PPA contracts are one of the key elements for ...

Berenberg Green Energy Junior Debt Fund is to partly finance a 69 MWp solar park portfolio for Green Genius in Poland

Vilnius/Hamburg. 20 September 2022. The private bank Berenberg and the international renewable energy company Green Genius begin their cooperation with a solar park portfolio in Poland. The Berenberg Green Energy Junior Debt Funds provides mezzanine financing of €22 m, which, along with other financial resources, is to be used for the construction and operation of 69 ...