European Energy is participating in the state visit to Lithuania, where the Danish Royal Couple have been invited by the President of Lithuania. The visit focuses on strengthening bilateral relations between Denmark and Lithuania, with a particular emphasis on energy cooperation and the green transition. Over the past five years, European Energy has played an active role in expanding renewable energy across Lithuania.
The company began construction of its first wind power project near Anykลกฤiai in 2021. Since then, European Energy has developed and built nearly 400 MW of renewable energy capacity in Lithuania, covering wind, solar, and battery storage projects. Today, the company has a development portfolio exceeding 800 MW in the country. Thorvald Spanggaard, EVP and Project Director at European Energy, highlighted the rapid transformation of Lithuaniaโs energy sector. He stated that the countryโs energy production has shifted quickly from fossil fuels to renewable sources thanks to clear political frameworks and stable investment conditions.
As part of its ongoing development activities, European Energy recently completed a battery systems facility near Anykลกฤiai. This facility will store electricity generated from wind and solar power, supporting a more flexible and resilient energy system while contributing to Lithuaniaโs energy independence. Lithuaniaโs total installed wind and solar capacity reached 5.1 GW by the end of 2025, a significant increase from just over 1 GW in 2021. This growth has been driven by government policies aimed at strengthening energy security and reducing reliance on imported fossil fuels.
The Lithuanian government aims to meet the countryโs entire electricity demand from renewable energy by 2030, with plans to become a net exporter of electricity. In the past, Lithuania depended on imported energy, including from Russia, but the large-scale deployment of renewable energy has increased the countryโs self-sufficiency. Today, more than 75 per cent of Lithuaniaโs electricity comes from renewable sources, with wind and solar together accounting for over 60 per cent of the electricity mix.
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