Ignitis Group submits bid for 700 MW offshore wind tender in Lithuania

Ignitis Group has confirmed its participation in Lithuania’s offshore wind tender for the development of at least 700 megawatts (MW) of capacity in the Baltic Sea. The project is backed by state support through a contract for difference mechanism. The bid was submitted by UAB “Ignitis renewables projektai 5”, a wholly owned subsidiary of UAB “Ignitis renewables”.