Lithuania Renewable Energy Tenders

Lithuania's renewable energy market is experiencing rapid growth, with renewables accounting for over 43% of the country's total installed electricity capacity in 2022. This is expected to reach 50% by 2030, driven by strong government support, declining costs of renewable energy technologies, and growing consumer demand for clean energy. Lithuania's abundant renewable energy resources, particularly in wind, biomass, and solar energy, make it well-positioned to achieve its ambitious renewable energy targets.

The Lithuanian government is a major buyer of renewable energy, with a target of achieving 100% renewable electricity consumption by 2050. The government actively supports the sector through various procurement initiatives, including:
The Renewable Energy Act 2002, which establishes a framework for promoting renewable energy
The National Renewable Energy Action Plan (NREAP), which sets out the government's renewable energy policy goals and targets
The Lithuanian Energy Agency (LEA), which manages renewable energy auctions and supports renewable energy projects

The Lithuanian government procures a wide range of renewable energy products and services, including:
Wind turbines: Wind energy is the largest source of renewable energy in Lithuania, accounting for over 60% of the country's total renewable electricity generation.
Biomass energy: Biomass energy plays a significant role in Lithuania's renewable energy mix, accounting for over 25% of the country's total renewable electricity generation.
Solar energy: Solar energy is gaining traction in Lithuania, with several large-scale solar farms commissioned across the country.
Hydropower: Hydropower is a minor contributor to Lithuania's renewable energy mix, accounting for around 5% of the country's total renewable electricity generation.

The top authorities overseeing renewable energy procurement in Lithuania are:
The Ministry of Energy
The Energy Market Operator (EMO)
The Lithuanian Renewable Energy Association (LAEV)

Major companies that have secured significant renewable energy procurement contracts in Lithuania include:
Greenwind: Greenwind is a leading Lithuanian renewable energy developer with a focus on wind and solar projects.
Ignitis Renewables: Ignitis Renewables is a subsidiary of Ignitis Group, Lithuania's largest energy company, with a diversified portfolio of renewable energy assets.
Sun Investment Group: Sun Investment Group is a Lithuanian renewable energy developer with a focus on solar projects.

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