Übersicht
The project will finance the construction and operation of a hybrid renewable energy asset, the Jonava cluster, located in Kaunas County, Central Lithuania. It consists of a 330 MW solar photovoltaic plant and a 142 MW onshore wind farm.
The aim is to contribute the achievement of the 2030 decarbonisation targets set out in the National Energy and Climate Plan (NECP) of Lithuania. The project is entirely located in a Less Developed Region. It is therefore eligible under Article 309 (a) projects for developing less-developed regions and (c) common interest.
The project is expected to contribute to Climate Action and Environmental Sustainability (CA&ES) objectives, in particular to climate change mitigation and pollution prevention and control.
The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the promoter is subject to the EU public procurement legislation then the Bank would duly inform the Commission Services and would require the promoter to apply those rules. Main suppliers/contractors are not known yet at this stage of the appraisal.