GREEN GENIUS

At GREEN GENIUS, we are steadily moving towards the largest biomethane production project in the Baltic States in #Partnership with Swedbank Lietuvoje! 🌍 Why Biomethane?  - Biomethane significantly reduces CO2 emissions in the transport sector.  - Converts waste into valuable energy, promoting efficient recycling and a circular economy.  - It helps achieve the EU target of a 55% emissions reduction by 2030. Key Benefits:  - Prevents the release of methane, a potent greenhouse gas.  - Biomethane cuts CO2 emissions by 80-90% compared to diesel.  - Supports the EU Green Deal and enhances energy self-sufficiency. Follow the link in the comments to find out more about the project. 🌿Together, we're #EmpoweringSustainability and working towards a greener planet daily!

The latest GREEN GENIUS Newsletter is here! This issue explores green fuel trials around the Baltic Sea 🌊 and their impact on the region’s ecological future, particularly in the transport sector. Highlights include: - Insights from our Head of Trading and Origination, Povilas Čėsna, on integrating sustainable practices in aviation and energy production in the Baltic and Nordic countries. - The Jurmala Airport and Evia-aero GmbH agreement for sustainable aviation projects, including a 50 MW solar power plant and green hydrogen initiatives. - The Bornholm Energy Island project in Denmark, focusing on a 38 GW offshore wind farm and eco-friendly fuel research. - Vestas’ green fuel pilot project for helicopters, aiming to reduce CO2 emissions by 32% per flight. Join us in creating a #PositiveImpact! ✨

GREEN GENIUS secures €87M financing for Latvia's largest stand-alone solar park 🌞 This project in Jekabpils, spanning 151 hectares, will add 121 MW of green energy 💡 to Latvia's electricity system and save 121,000 tons of CO2 annually. Rokas Bancevičius, our CFO, shares, "GREEN GENIUS is committed to #EmpoweringSustainability. This project marks our first transaction with NORD/LB and our second with The Berenberg Bank. We value the expertise and trust of these established financing partners in renewable energy. Green transition continues to require significant capital investments, and lenders’ active role is essential in this process." 🌿 #Partnership

We are pleased to continue with the presentation of the speakers who will be participating tomorrow at #EnergyearEasternEurope. 🙌 We are very grateful for the presence of: Irene M. - Policy Officer - RPIA - Romanian Photovoltaic Industry Association Gabriel Avacaritei - Chief Editor - Energynomics Laimonas Dapšys - Senior Business Development Manager - GREEN GENIUS Patricia Fatu (Vasile) - Associate Director - KPMG Romania Alexandru-Valeriu Binig - Director, Regulatory and Antitrust - PPC Romania Mihai-Florin Necula - Country Manager - Naxxar Renewable Energy Javier Flamarique - Project Finance Director - Econergy Renewable Energy Ltd. ANDREEA SORINA GILICEL - Financial Director - Nofar Energy Evangelos Gazis - Head of Southeast Europe - Aurora Energy Research Raluca RUSU - Head of Origination and Market Development - Monsson See you in Bucharest! 💪 More info at: https://lnkd.in/dehbsb4H #Energyear #Conference #Energy #Networking

GREEN GENIUS is taking a significant step by transforming our biogas plants into biomethane, marking the largest project of its kind in the Baltics.     Our Lithuanian biogas portfolio includes 11 plants, with seven set to be upgraded for biomethane production. Additionally, a new plant will be built, and two biomethane injection points will be installed. 🌟 The total investment for this modernization is €35 million, partly funded by Swedbank Lietuvoje and an additional €8.5 million from Aplinkos projektų valdymo agentūra (the Lithuanian Ministry of Environment’s Environmental Project Management Agency). This #Partnership not only boosts our country's energy sector but also aligns to invest in sustainable innovations.     Ruslanas Sklepowicz, CEO of GREEN GENIUS, highlights the project’s significance: 'This transformation is a giant leap towards Lithuania's commitment to sustainable and renewable energy sources. Local biomethane production is critical for Lithuania to meet the country's decarbonization targets.'     Work starts in 2024 with the aim of reducing reliance on imported gas and improving environmental footprint. Let’s #EmpowerSustainability! 🌿 

The latest GREEN GENIUS Newsletter is out now! 🌿 Stay ahead of the fast-moving energy sector with the latest edition of our Newsletter. This issue tackles the pressing topic of decarbonisation 🌍 and its potential impact on Lithuania's energy market, especially the transport sector, which is still a major contributor to our country's emissions. Key issues:  - Expert insights from Povilas Čėsna, Head of Trading and Origination at GREEN GENIUS, as he discusses the key steps Lithuania needs to take to reach the EU's 2030 targets 🎯 and the strategic steps needed to integrate renewables.  - Upcoming deadlines and Renewable Energy Directive. Immediate actions must be taken by July 2024 to comply with the EU Renewable Energy Directive.  - Innovative energy solutions - the role of biomethane and hydrogen in building a sustainable transport sector.  - Competitive advantage of Lithuania. How can the country use its resources to become a market leader in green hydrogen? Be part of the process to create #PositiveImpact! ✨ 

Happy International Earth Day from GREEN GENIUS! 🌍 In celebration of spring, our team is dedicated to preserving our forests through an annual tree-planting event. 🌳 These activities are part of our commitment to making a daily #PositiveImpact on the environment.    Join us in fostering sustainability and growth! 💚 

GREEN GENIUS will speak at the Solarplaza Summit Romania on April 24! 🌍 Laimonas Dapšys, our Senior Business Development Manager, will share insights on the panel "From Development to Offtake: How should a Bankable PV & BESS Project be Structured?" 👏 Here experts will delve into effective strategies for maximizing PV deployment following Romania’s initial contracts-for-difference (CfD) auction for solar and wind capacity. 💡Don’t miss this opportunity to explore ways to #EmpowerSustainability and understand the evolving landscape of utility-scale solar from industry leaders. #romania #solarplazasummit 

GREEN GENIUS first wind park is soon to rise! 🌀 Eleven wind turbines are on their way from the port of Klaipeda to our wind farm near Jurbarkas, Lithuania. This complex logistical work will soon be crowned by turbines that are 240 metres high, to create more #PositiveImpact. Initially, the wind park will have a capacity of 63 MW, which will escalate to 80 MW after the second phase, once a few more turbines are built. Starting in 2025, the wind park will help us to cut annual CO2 emissions by 130,000 tonnes. 💚 Stay tuned as we’re setting new standards to #EmpowerSustainability.

The first wind turbine has already been built in Jurbarkas wind park! 💚 Eleven turbines are being transported from Klaipeda's international port to the site of Jurbarkas (LT) wind park with 113 heavy vehicles at night. These 240-metre-high towers, supplied by Nordex Group, are made of 13 main parts. Each tower turbine takes up to 48 hours to reach the site. Once built:  - The farm will boost Lithuania's wind portfolio by about 8%.   - The park involves over 80 km of cable and 880 cubic meters of concrete for the foundations.  - The initial 63 MW capacity will expand by another 17 MW, eventually supplying green energy and reducing CO2 emissions by 130,000 tons annually.    - Our investment exceeds €100 million. We are eager to launch the first GREEN GENIUS wind park in 2025 and empower wind for #PositiveImpact. 🌱 Congratulations to our Head of Wind and Hydrogen Darius Biekša, PhD, Head of EPC Vaidas Sleivys, Supply Chain Manager Justas Palilionis, and the rest of the team for their intensive and dedicated work while ensuring the wind park's smooth development.