Lithuanian Wind Power Association is growing rapidly – PASSER SIDC is joining The number of members of the Lithuanian Wind Power Association (LVEA) is growing rapidly, this time the association welcomes the international company PASSER SIDC as a new member. As part of the PASSER GROUP, the company implements diverse and complex projects. PASSER […]

A few years ago, Lithuania set an ambitious strategic goal, which was welcomed by other European countries – to produce 100 percent of the electricity needed in the country only from renewable sources by 2050. However, after laying a solid foundation for the development of clean energy in the documents, it seems that we have  […]

In 2020, 14.7 GW of new wind turbines were installed in Europe, 80 percent of which were onshore. The combined capacity of wind turbines currently operating in Europe is 220 GW. However, these results are too low to implement the European Green Deal and become a climate-neutral continent. It is planned to install 15 GW […]

Wind parks operating in Lithuania continue to increase the amount of electricity produced per year. Last year, they generated 1.54 TWh of electricity – the largest amount in the country’s wind energy history. According to the data of the Lithuanian Energy Exchange Baltpool, in December wind produced almost 161.3 MWh of electricity. The total annual […]

In order to achieve Lithuania’s strategic goal of producing 100 percent of its electricity from renewable sources, the development of clean energy in the country should gain more and more momentum. However, project developers now face new challenges such as tax planning. When developing a larger wind park, it may be necessary to pay up […]