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Experimental floating photovoltaic solar power plant project in Kruonis pumped storage hydroelectric power plant (PSHP), developed by Lithuanian state-owned enterprise Lietuvos Energijos Gamyba has received funding from the Lithuanian Business Support Agency (LBSA). The total amount of 235k EUR have...
Lithuanian state-owned enterprise Lietuvos Energijos Gamyba, a part of Lietuvos Energija Group, has started preparations for 1 megawatt energy storage system installation in Kaunas Algirdas Brazauskas hydropower plant. Operating in synergy with the plant, the new storage system would become the firs...
France's Alstom has paid 13 million euros in compensation to Lithuania as ordered by London's Southwark Crown Court in a case in which the French group's Swedish energy unit Alstom Power was accused of corruption in Lithuania.
A Vilnius court on Wednesday started hearing Gazprom's request to grant it full access to documents regarding a fine of almost 35.7 million euros imposed on the Russian gas giant by the Lithuanian competition watchdog.
Nasdaq Commodities has welcomed Lietuvos Energijos Gamyba, the national electricity generation company which combines all electricity generation capacities controlled by the state of Lithuania, as a new market maker for the Latvian Electricity Price Area Differential, EPAD RIGA, contracts.
The Liberals' Movement has proposed selling at least 5 percent of the major state-owned energy companies' shares.
Lietuvos Energijos Gamyba, a company engaged in the production and wholesale trading of electricity, is pursuing its goal to actively contribute to the integration of Nordic and Baltic electricity markets. Lietuvos Energijos Gamyba is the first Lithuanian company that joined the derivatives exchange...
Vilnius Regional Administrative Court (VAAT) will hear an appeal of the Russian gas concern Gazprom regarding the LTL 123 million (EUR 35.6 million) fine imposed by the Competition Council as a result of violations of concentration clause.