Nordic Solar launches Lithuania’s largest photovoltaic park

Nordic Solar's new photovoltaic park in Molėtai, the largest in Lithuania, marks a significant step towards the country's energy independence.

Share:

parc photovoltaïque Lituanie

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The inauguration of the photovoltaic park in Molėtai, led by figures such as Denmark’s Ambassador to Lithuania, Grete Sillasen, and Lithuania’s Deputy Minister of Energy, Daiva Garbaliauskaitė, marks a major milestone for Nordic Solar. The 100 MWp park is designed to meet the annual consumption of some 28,000 European households. This development underlines Lithuania’s commitment to sustainability goals and energy independence, with a target of 80% renewable energy by 2050.

Regional Commitments and Impacts

The Molėtai photovoltaic park is not only a technical achievement, but also a project of strategic importance for Lithuania. “This investment by Nordic Solar is not only an achievement for our company, but also an investment in Lithuania’s energy infrastructure,” explains Nikolaj Holtet Hoff, CEO of Nordic Solar. The park will play a crucial role in increasing Lithuania’s installed photovoltaic power generation capacity, as the country plans to increase the share of renewables to 45% of its total consumption by 2030. This initiative is in line with national ambitions to reduce dependence on fossil fuels andincrease energy security.

Contribution to Biodiversity and the Community

In addition to its energy production capacity, the Molėtai photovoltaic park is also designed to enrich local biodiversity. “In developing the Molėtai photovoltaic park, we focused on combining energy production with a favorable environment for animals and plants,” says Glenn Aagesen, COO of Nordic Solar. Initiatives such as the installation of fences to allow the passage of small mammals, the construction of a pond, and the landscaping of areas with wild flowers and piles of branches and stones, are examples of this integrated approach.

Implications for Lithuania’s Energy Future

Nordic Solar’s projects in Molėtai, Švenčionys, and Jonava are key elements in Lithuania’s national strategy for a sustainable energy transition. “After these parks start generating electricity, the installed capacity of solar power plants in our country will increase by almost 9 percent,” points out Daiva Garbaliauskaitė, Deputy Minister of Energy. This expansion is essential if we are to reach our target of 80% renewables by 2050, strengthening Lithuania’s energy independence and resilience.
The inauguration of the Molėtai photovoltaic park by Nordic Solar, in collaboration with Lithuanian government and local stakeholders, is a prime example of how foreign investment and international cooperation can catalyze national energy goals and support local communities. This project not only represents a technological breakthrough, but also a commitment to a sustainable, self-sufficient future for Lithuania.

Cypress Creek Renewables begins construction of the Hanson Solar project in Texas, backed by structured financing combining debt and equity, to support the ERCOT grid and supply Meta’s operations.
Facing massive overcapacity, US tariff pressures and rapid technological change, India's solar module sector is preparing for major industrial restructuring dominated by a few integrated groups.
Econergy has connected its 52MW solar project in Resko, Poland, to the grid, supported by a 19-year virtual power purchase agreement signed with Apple.
Green Growth and K2 Holdings begin converting a solar park to an FIP scheme, including battery installation, to improve profitability in a region heavily affected by production curtailment.
Arevon Energy has initiated construction of its first utility-scale solar project in Illinois, with a 124-megawatt capacity and $200mn in private investment to support U.S. energy demand.
French renewable energy producer Neoen has signed an agreement with Plenitude to sell 52 assets totalling 760 MW of capacity on the French market.
A national tool led by ADEME lists agrivoltaic installations across France to support their regulatory oversight, as the sector sees rapid growth following the 2023 law.
The construction site of the future photovoltaic park in La Couvertoirade plans to hire four people in job inclusion, as part of a partnership between VALOREM and the Union Départementale des Structures d’Insertion par l’Activité Économique de l’Aveyron.
Abraxas Power Corp. has launched land reclamation operations for Solar City, a 100-megawatt floating solar project in the Maldives, following environmental approval. The total zone investment exceeds USD187mn.
Alfa Solar and Astronergy Europe are partnering to build an integrated solar wafer and cell facility with 2.5 GW capacity in Balıkesir’s organised industrial zone.
Despite reaching a record $807bn in 2024, renewable energy investment growth slowed sharply, with funding heavily concentrated in advanced economies and China.
French renewable heat provider Newheat has inaugurated the largest agricultural solar thermal plant in the country, supplying the Les Tomates d’Auïtou site with 5,400 MWh annually.
First Solar launches a $330mn industrial project in Gaffney to add 3.7 GW of domestic solar capacity and create over 600 jobs, strengthening its manufacturing presence in the United States.
Ecopetrol has finalised the acquisition of solar assets in Colombia from Statkraft for $157.5mn, adding more than 0.6 GW of installed capacity to its energy portfolio.
The Kuwaiti government has invited six international consortia to submit bids for a new 500-megawatt solar project under phase III of the Al Shagaya complex.
Exowatt strengthens its capital to industrialise its P3 solar solution and meet the strong demand from AI-powered data centres across the United States.
US-based T1 Energy strengthens its industrial footprint with two successive capital injections and prepares for the launch of its G2_Austin facility, while doubling production at its G1_Dallas site in the fourth quarter.
Velto Renewables becomes the sole owner of Europe's largest floating solar power plant after finalising the transaction with Q ENERGY, strengthening its presence in France.
Voltalia has launched electricity production at Sarimay Solar, a 126-megawatt solar plant in Uzbekistan, marking a key milestone in the deployment of new photovoltaic capacity in the country.
rPlus Energies has completed the acquisition of two solar and storage projects totalling 900 MW in Ada County, reinforcing its position as a key energy player in the western United States.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.