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LATEST ARTICLES
WindEurope: EU’s Energy security framework revision
Europe must act now to secure its place as the safest and most attractive industry and energy investment hub - strengthening its energy security and independence. Investors do not need new promises, they need certainty. This means full speedy implementation of [...]
World Breaks Renewable Records but Must Move Faster to Hit 2030 Tripling Goal
New global progress report flags bottlenecks in investment, grids and supply chains, urging governments for bolder renewable targets before COP30. Abu Dhabi, United Arab Emirates / Brasília, Brazil, October 14, 2025 – The world is falling behind on its renewable energy and [...]
Ignitis Renewables takes over full control of the Curonian Nord offshore wind farm
AB “Ignitis grupė” (hereinafter – the Group) informs that following the National Energy Regulatory Council’s (hereinafter – NERC) approval on 10 October, UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) has signed a sale and purchase agreement with OW Offshore, S.L. (hereinafter [...]
Lithuania’s second offshore wind tender fails
The National Energy Regulatory Council (NERC) of Lithuania has announced that the second tender for the development of an offshore wind park has failed. The failure comes as only one participant registered by the application deadline, falling short of the legal [...]
Education initiative by Ignitis Renewables: a space for discovery and discussions
This summer, Ignitis Renewables, an international green energy company, invited people to learn more about renewables. During the education season that lasted over three months, the company visited eight regions of the country, from Kėdainiai to Šventoji, and created opportunities for [...]
International independent experts have assessed the development of the Curonian Nord offshore wind farm in Lithuania
Even though the offshore wind market currently faces headwinds, the Curonian Nord offshore wind project developed by Ignitis Renewables in Lithuania is well-managed and aligns with industry best practices. These conclusions were made by a research and consultancy company for the [...]
LitGrid modernises key transmission line – boost for renewable energy
Lithuanian transmission system operator LitGrid is beginning the modernisation of the strategic 330 kV Aizkrauklė–Panevėžys line, which connects the Lithuanian power system with Latvia. Following completion of the design phase and obtaining building permits, a tender for the construction work has [...]
EIB Group to accelerate and simplify green investment, boosting European competitiveness, energy security and tech leadership
EIB Board adopts second phase of pioneering Climate Bank Roadmap, focusing on competitiveness, security and lower energy prices for companies and families. Plan includes doubling of investment for climate change adaptation, along with radically simplified procedures. Decision consolidates EIB Group’s role [...]
New support from CEF Energy for wind energy
The European Commission has announced its decision to award €76.3 million to three cross-border renewable energy projects under the CEF Energy instrument. Two of these projects directly concern the development of wind energy and show that wind remains one of the [...]
The first onshore power supply station is being installed at the Port of Klaipėda
The Port of Klaipėda is completing its first quay electrification project. An onshore power supply station has already been installed at the Port Authority’s Fleet Base and will be tested by the end of the year. It will provide electricity to [...]
NERC temporarily suspended the procedures for the second offshore wind farm development tender
The National Energy Regulatory Council (NERC) has temporarily suspended the procedures for the second offshore wind farm development tender. The Council made this decision at today's meeting in response to last week's decision by the Government to temporarily suspend the tender [...]
“Europe’s independence moment”: domestically produced wind energy boosts security and competitiveness
In her 2025 State of the Union address EU Commission President Ursula von der Leyen highlighted the new geopolitical reality in which economic competition and national security are intertwined. She stressed the need for Europe to massively invest in digital and [...]
Lithuania temporarily suspends tender procedures for development of second offshore wind farm
The State Energy Regulatory Council (VERT) has temporarily suspended the tender procedures for the development of a second offshore wind farm. The Council made this decision at yesterday's meeting, responding to last week's government decision to temporarily suspend the tender procedures [...]
European Governments must get their act together on wind energy
WindEurope released the latest wind energy data today. It shows Europe built 6.8 GW of new wind in the first half of 2025. That’s less than expected and not nearly enough to deliver the EU’s 2030 energy security and climate targets. [...]
Litgrid first half results: strategic energy independence projects continue to be successfully implemented
In the second quarter of this year, Litgrid, the Lithuanian electricity transmission system operator, continued to provide seamless operation of the electricity system in the Continental Europe Synchronous Area, which Lithuania joined in February together with the other Baltic countries. Strategic [...]
Europe needs stronger ports and more vessels to meet its offshore wind goals
Europe aims to increase its offshore wind capacity from 36.6 GW today to 84 GW by 2030. The maritime supply chain—particularly shipbuilding and port infrastructure—plays a critical role in supporting Europe’s energy security. But one of the most pressing challenges today [...]
Global electricity demand to keep growing robustly through 2026 despite economic headwinds
Renewables, natural gas and nuclear are set to meet the additional demand as the world’s use of electricity rises for industry, appliances, air conditioning, data centres, EVs and more. Global electricity demand is expected to expand at one of the fastest [...]
EU needs to take decisive actions on electricity grids for competitiveness and security
European citizens and businesses want affordable, secure, and clean energy. Homegrown wind energy helps boost Europe’s competitiveness, security and prosperity while delivering on decarbonisation. But insufficient grid build-out is hindering the deployment of wind energy. It leads to grid access restrictions, [...]
Port of Klaipėda Announces Call for Expressions of Interest in Klaipėda Southport Development Project
The Port of Klaipėda has officially announced a request for expressions of interest (EOI) in the Klaipėda Southport Development Project – the most extensive expansion in the port’s history. This landmark project aims to significantly increase Klaipėda’s cargo handling capacity and [...]
Significant financial support from Ignitis Renewables for communities near wind farms
Ignitis Renewables, an international green energy company, continues to provide significant financial support to communities located near wind and solar farms that are under development or already in operation. This year, it plans to allocate over EUR 420 thousand to communities. [...]
Play and discover wind: Ignitis Renewables education space in Palanga is waiting for you
Unique educational activities organised by an international energy company Ignitis Renewables will take place from 15 June to 13 July next to Jūratė and Kastytis Square on J. Basanavičiaus Street. Visitors will learn about the wind energy through fun and interactive [...]
EIB Group increases 2025 financing ceiling to record €100 billion to step up investments in security and defence, energy grids and Europe’s tech leadership
The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025. Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military [...]
Share of electricity from renewables falls in early 2025
In the first quarter of 2025, 42.5% of net electricity generated in the EU came from renewable energy sources. Compared with the first quarter of 2024, this represents a 4.3 percentage points (pp) decrease (from 46.8%). The significant increase in electricity [...]
New Energy Union Task Force to reinforce pan-European energy cooperation
In the margins of Transport, Telecommunication and Energy Council, the European Commission and the Polish Presidency of the Council have launched the Energy Union Task Force. Comprising high-level representatives from the European Commission and Member States, the Task Force is aimed [...]
Ignitis will supply Litgrid electricity for 7 years for a fixed price
An energy solutions company Ignitis and the Lithuanian electricity distribution system operator Litgrid signed a power purchase agreement (PPA) worth EUR 82.3 million (excluding VAT). The agreement was concluded on 19 June and will take effect starting from January 2026. Under [...]
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