State support for the solar power plant in the solar park in 2022

About this good practice

By project SHREC

Published on 02 March 2022

Lithuania

Installation of renewable energy sources (hereinafter - RES) using energy production capacity, development and implementation of new technologies for more efficient use of RES in industrial enterprises, especially in SMEs in order to use energy to meet the internal needs of enterprises and, if possible, to supply surplus energy to other industrial enterprises or transfer to centralized energy networks.

Resources needed

According to the Description, it is planned to allocate up to EUR 1,650,000 for the implementation of projects. The maximum amount of funding available for the project is EUR 500,000.

Evidence of success

• Financing agency got almost 40k applications for the 9 838,0 M EUR amount.
• More than 24 thousand applications were approved for the 7 312,0 M EUR amount.

Potential for learning or transfer

This practice could have a positive impact on increase of number of prosumers. Aims to increase the number of prosumers in the country by offering individual solar power plants. It is a popular alternative for energy and consumption conscious residents as well as businesses.
Promoting the installation of RES-using energy production capacity, development and implementation of new technologies for more efficient use of RES in industrial, especially in SMEs as well as big companies in order to use energy to meet the internal needs of enterprises and, if possible, to supply surplus energy to other industrial enterprises or transfer to centralized energy networks.