Lithuania's state-owned energy group Ignitis Grupe (former Lietuvos Energija) is planning to delist its subsidiaries, Ignitis Gamyba and Energijos Skirstymo Operatorius (ESO), from the Nasdaq Vilnius Stock Exchange.
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Lithuania state-run energy group Lietuvos Energija (Lithaunian Energy) has changed its name and brand to Ignitis Group, having set its eyes on international expansion. Subsequently, all major companies that are part of the group have also been renamed.
The European Commission has opened an in-depth investigation to assess whether Lithuanian support to energy company AB Lietuvos Energija in the context of a strategic reserve measure may have unduly favoured the company and distorted competition in the Single Market, in breach of EU State aid rules,...
Geton Energy, the company of the group of energy companies of Lietuvos Energija since 2017 operating on the wholesale electricity market of Poland, has joined Nasdaq Commodities OMX exchange in Scandinavia. This way, the Company is expanding the wholesale electricity trading portfolio in the region.
Despite the unfavourable natural conditions and market unpredictability, last year Lietuvos Energijos Gamyba, a part of Lietuvos Energija group, managed to maintain decent financial performance indicators and provide reliable power regulation and reserve services, a press release from the group stat...
Experimental floating photovoltaic solar power plant project in Kruonis pumped storage hydroelectric power plant (PSHP), developed by Lithuanian state-owned enterprise Lietuvos Energijos Gamyba has received funding from the Lithuanian Business Support Agency (LBSA). The total amount of 235k EUR have...
Lietuvos Energija, one of the largest state-owned energy companies in the Baltic States, announces international search for a strategic partner to develop offshore wind energy projects. Lithuanian company has initiated an Expression of Interest (EOI) process to select an experienced partner for the ...
Lithuanian state-owned enterprise Lietuvos Energijos Gamyba, a part of Lietuvos Energija Group, has started preparations for 1 megawatt energy storage system installation in Kaunas Algirdas Brazauskas hydropower plant. Operating in synergy with the plant, the new storage system would become the firs...
Smart Energy Fund powered by Lietuvos Energija, managed by Contrarian Ventures is investing in French and US start-up Sterblue which develops software for non-pilot aircraft (drones) allowing inspecting power lines and wind turbines without human intervention, a press release from Lietuvos Energija ...
Lietuvos Energija, a group of energy companies, further pursues the international strategy provided for in the Strategy LE 2030 signed a conditional agreement on the acquisition of a project for the development of wind farm in Poland. That will be the first wind farm built by the Group itself, its p...
The Lithuanian parliament overturned on Thursday President Dalia Grybauskaitė's veto of amendments tightening the requirements for the construction of waste-to-energy plants, leaving in place the legislation it passed in September.
The Lithuanian state capital energy company group Lietuvos Energija moves forward with implementation group strategy LE 2030 by becoming prominent market player in Poland during the next two years. The group made strategic decision a step further and appointed a Regional manager for Poland in Octobe...
Smart Energy Fund powered by Lietuvos Energija, managed by Contrarian Ventures invests EUR 250 thousand into the Lithuanian PVcase that will automate the designing of solar power plants. It is expected that the technology developed by the start-up will enable to significantly shorten up some designi...
Lietuvos Energijos Gamyba (LEG), a part of the state-owned Lietuvos Energija Group, has plans to build an experimental floating photovoltaic solar power plant in Kruonis pumped storage hydroelectric power plant (Kruonis PSHP). The floating solar power plant would be the first in the region, a press ...
The Lithuanian parliament's decision to allow the government to change its decisions on the million-worth waste-to-energy combined heat and power (CHP) plants under construction in Vilnius and Kaunas will not have impact on the projects, state-run energy group Lietuvos Energija (Lithuanian Energy), ...
The Lithuanian government has allowed the government to change decisions on waste-to-energy combined heat and power (CHP) plants under construction in Vilnius and Kaunas.
During the largest non-profit ICT and entrepreneurship event in the Baltic States #SWITCH held in Vilnius, winners of the Smart Energy Hackathon organized by Lietuvos Energija, the energy companies group of Lithuania, were elected. The main prize, EUR 1,500 in the selected cryptocurrency, was awarde...
Vytautas Bakas, chairman of the Lithuanian parliament's Committee on National Security and Defense (NSGK), expects the Seimas to hold hearings in the fall on whether the country's key energy projects are in line with its national security interests.
