Solitek along with Stalcorp are making significant strides in renewable energy integration. They are currently participating in two pilot projects that incorporate photovoltaic (PV) technology into noise barriers, marking a major innovation in sustainable infrastructure.
Photovoltaics is picking up speed in Central and Eastern Europe. Poland is leading the way, but other markets such as Bulgaria, Romania and the Czech Republic are also developing dynamically. One challenge is the modernization and expansion of the grids.
The European Bank for Reconstruction and Development (EBRD) is making an equity investment of €15 million in Eldrive, a leading regional charging point operator in Bulgaria, Lithuania and Romania.
Lithuanian company Omnispower Europe, in collaboration with partners, has developed a smart battery capable of operating efficiently even in extreme temperatures. This system has now been deployed in Italy.
2023 has been the most successful year of the Lithuanian startup Inion Software. The company's sales of solar power plant monitoring and storage management solutions reached a value of more than double that of to 2022 – exceeding the 1 million EUR mark.
Knowing how much energy a solar power plant will generate is essential to its operator. This is especially true with larger solar power plants: electricity suppliers need to establish how much energy they are capable of producing.
Reaching net-zero CO2 production is an important goal for solar companies. Lithuania based panel manufacturer Solitek is claiming having reached that already.
ML System supplies photovoltaic glass to the prestigious 20-storey Artery business centre, located in Vilnius, designed by the world-famous architect Daniel Libeskind.
Vilnius-based solar module manufacturer SoliTek has shaped its solar modules into a Christmas tree in Trakai, the historic city and lake resort in Lithuania.
Vilnius-based solar module manufacturer Solitek increased sales revenue by 273% in the first half of 2022 compared to the same period in 2021. This is mainly due to the growing interest in solar PV not only in Lithuania but also across Europe.
Sharp Energy Solutions Europe has concluded a partnership with Energia Futura for industrial, commercial and residential solar systems in Lithuania.
Renewable Resources Lab of Kaunas University of Technology (KTU)/Lithuania – the largest solar power plant in the Baltic States, which was installed on the roof of one of the buildings on the KTU campus - was chosen among the finalists of 21st Energy Globe World Award.
The solar module manufacturer Solitek (Lithuania), Avesta Battery & Energy Engineering (Abee) (Belgium) and Imecar Elektronik (Turkey) have signed a joint venture agreement for the set up of a new battery pack production in Lithuania (Vilnius).
Lithuanian solar module manufacturer Solitek has signed cooperation agreements with the US company Convalt PowerGen LLC. At the beginning of next year Solitek will start supplying its modules to the US market.