Stelpe Solar Farm II Achieves Operational Milestone
Stelpe Solar Farm II Begins Operations
AB “Ignitis grup?” is excited to announce that the Stelpe solar farm II, managed by its subsidiary UAB “Ignitis renewables,” has officially commenced operations. This achievement marks a crucial milestone in the Group’s strategy for expanding renewable energy production.
Project Overview and Capacity
Located in Latvia, the solar farm spans an area of 85 hectares. It boasts an impressive 121,000 solar panels, contributing to a total installed capacity of 72.5 MW. Total investment in the project is projected to be around EUR 54 million, which includes both acquisition and construction costs.
Part of a Larger Initiative
The Stelpe solar farm II is part of a broader initiative that includes a counterpart site, collectively known as the Stelpe solar project, with both sites delivering a combined capacity of 145 MW. This significant output is expected to meet the energy needs of approximately 70,000 households.
Update on Stelpe Solar Farm I
The Group also highlights that its first solar installation, Stelpe solar farm I, successfully reached its commercial operation date earlier. With the full operational status of both sites, the Group's total installed Green Capacities have now increased to an impressive 2.1 GW.
Strategic Goals for Sustainability
As part of its commitment to environmental sustainability, the Group is focusing on significantly enhancing its Green Capacities, aiming to expand from 1.4 GW in the current timeframe to a robust 4-5 GW by the year 2030. This ambitious goal reflects the Group’s dedication to investing in renewable energy solutions and reducing carbon emissions.
Future Prospects
The continued development of the Stelpe solar projects showcases Ignitis Group’s proactive approach to meeting growing energy demands while prioritizing environmental responsibility. With renewable energy sources becoming increasingly vital in today’s climate-concerned world, projects like these play an essential role in establishing a sustainable energy future.
For More Information
For further details or inquiries, please reach out to:
Contact Person
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt
Frequently Asked Questions
What is the capacity of Stelpe solar farm II?
The capacity of Stelpe solar farm II is 72.5 MW, supporting renewable energy generation.
How many households can be powered by the Stelpe solar project?
The combined output of the Stelpe solar project can power around 70,000 households.
What is the total investment for the Stelpe solar farm II?
The total investment for the solar farm II is approximately EUR 54 million.
When was Stelpe solar farm I operational?
Stelpe solar farm I reached its commercial operation date earlier, contributing to the Group's total capacities.
What are the future plans for Ignitis Group's Green Capacities?
Ignitis Group aims to increase its Green Capacities from 1.4 GW to 4–5 GW by 2030.
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