Lithuania’s Ministry of Energy announced on Monday (18 March) that it plans to announce a new 40 million-euro support call for residential solar power plants in the second quarter.
Residents who have installed or increased the capacity of their power plants since 23 August or are planning to install a power plant or increase the existing capacity, would be eligible for support.
In the updated draft of financing conditions submitted for coordination by the ministry, it is envisaged that the state will continue to provide support, covering more than a third of the installation costs. Compensation of 255 euros per 1 kW of newly installed power plant and 192 euros for increasing the installed capacity of an existing power plant by 1 kW is expected, the ministry noted in a press release.
“State support has been the most important factor, increasing the number of producing consumers by almost ten times since 2020. Today, their total capacity exceeds 1 GW. This is a significant contribution to increasing local electricity production and achieving energy independence, so the state will continue to encourage investments in household energy self-sufficiency,” said Lithuania’s Minister of Energy Dainius Kreivys.
The minister also emphasised that support measures aim to create a whole ecosystem of self-sufficient households – from solar power plants to support for heat pumps and electric vehicle charging stations.
In Lithuania, the number of prosumers has doubled annually, increasing to almost 96,000. Their total capacity exceeds 1 GW, while the total capacity of all solar power plants in the country is 1.2 GW.