Kruonis PSHP Floating Solar PV Park is a 200MW solar PV power project. It is planned in Kaunas, Lithuania. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 200 – 200 Permitting Kaunas, Lithuania Ignitis Gamyba

Description

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The project is being developed and currently owned by Ignitis Gamyba.

Kruonis PSHP Floating Solar PV Park is a floating solar project which is planned over 300 hectares.

The project is expected to supply enough clean energy to power 120,000 households.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Ignitis Gamyba

Ignitis Gamyba AB (Ignitis), formerly Lietuvos Energijos Gamyba AB, a subsidiary of AB Ignitis Grupe, is an electric utility that generates, imports, exports and supplies electricity and thermal energy. The company generates electricity from hydro, thermal and renewable energy sources. The company trades electricity with other producers and traders; and sells electricity to public and independent suppliers. Ignitis also offers construction and maintenance of power plants and grid services; balances and regulates power; and provides capacity reserve services. The company provides its services in Lithuania, Latvia, and Estonia among others. Ignitis is headquartered in Vilnius, Lithuania.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.