澳门威尼克斯人

Three of the most advanced solar parks in the Baltic states generate renewable energy with Trina Solar Vertex dual glass modules. Energy company Green Genius switched on solar schemes in 2021 in Lithuania comprising almost 21,000 Trina Solar Vertex modules. The expansion of solar in the region is evidence of the growing action to shift from a reliance on fossil fuels such as shale gas. The European Union is under increasing pressure to scale up its renewable programme.

Ahead of the power curve

These latest schemes provide a combined annual output of 13,600 MWh and save more than 5700 tonnes of CO2 for their respective residential and business communities. Šiauliai PV Park in the country's northern region is one of the largest solar parks in Lithuania, with over 9,300 bi-facial dual glass modules. In the north-westerly area of the country, Subačius PV Park provides a smaller but still mighty contribution to the local grid. While centrally located Žeimiai PV Park's 8000+ module installation represents another large-scale development in Lithuania's power infrastructure.

Facing up to versatility

The use of Vertex high-power bi-facial modules plus ground-mounted tracker installation puts Šiauliai and Žeimiai PV Park, in particular, firmly ahead of the solar energy curve. The 210mm silicon wafer technology increases the yield potential with unparalleled system compatibility lowering BOS costs and LCOE. Green Genius estimate that the modules operating with the tracker and algorithm system will increase electricity generation by between 15% - 25%. 

However, the high-quality dual-glass aspect of the selected Vertex modules is a cornerstone to securing longer-term reliable energy generation. Designed to withstand a wide range of weather conditions you would typically find in this part of Europe, the glass is durable and the product comes with a 30-year product workmanship warranty.

New green investment pastures

Most impressively, Green Genius is securing more of these schemes under market conditions with independent investment despite the availability of EU or state subsidies.¹

"We're successfully investing in renewable energy projects across Europe because the main goal of our company is to help prevent climate change. We believe that increasing the capacity of renewable energy is the only way to reduce the greenhouse effect," says Ruslan Sklepovič  CEO of Green Genius ¹. As we also learned in our recent Investor Insight article, the alignment between investment, technology, and climate aspirations is prevalent in solar and renewables.

Ruslan Sklepovič continues, "In pursuit of this goal, we're investing in new projects without waiting for national or EU aid. The new 13.5 MW remote solar power parks in Lithuania were built without any governmental aid, and we will continue to build more as long as the government facilitates the integration of our low-cost, locally-produced green energy into the network. Re-establishing energy auctions would certainly make our lives easier, too."

Green Genius' solar ambitions don't lay exclusively in the Baltics. With €445M invested in energy projects over the past five years, they recognise the appetite for renewable projects. Not solely driven by EU carbon targets but the rising cost of wholesale energy prices from traditional energy sectors. They are a solar champion in the Polish market, with 129 implemented projects to date and 200+ in development or planned. Plus, hundreds of other projects in construction and development across Italy, Spain, Romania.

Download the case study factsheets: Šiauliai, Subačius and Žeimiai

Source: [1] https://greengenius.eu/blog/biggest-solar-park-baltics/