Ignitis Solar Power Project is a 300MW solar PV power project. It is planned in Latvia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
Description
The project is being developed and currently owned by AB Ignitis Grupe. The company has a stake of 100%.
Ignitis Solar Power Project is a ground-mounted solar project.
The project cost is expected to be around $226.494m.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
For more details on Ignitis Solar Power Project, buy the profile here.
About AB Ignitis Grupe
AB Ignitis Grupe (Ignitis) is a state-owned utility. The utility carries out businesses including power and heat distribution and supply; natural gas trade and distribution; construction and maintenance of power plants and grid; development of energy infrastructure and green energy; and development of new energy service platforms. Ignitis controls and operates waste-to-energy cogeneration power plant projects in Vilnius and Kaunas. It also operates Kruonis Pumped Storage Hydroelectric Power Plant and Kaunas Algirdas Brazauskas Hydroelectric Power Plant. The company's wind projects include Eurakras, Vejo Vatas, Liepyne and Kreivenai and Tuuleenergia. It operates in Lithuania, Latvia, Estonia, Poland and Finland. Ignitis is headquartered in Vilnius, Lithuania.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
