Eesti Energia Group said that its supervisory board has sanctioned the company’s final investment decision (FID) for the 43MW Silale II wind park in Lithuania to be developed with an investment of €60 million.

The wind farm in Lithuania will be developed by the Estonia-based mining company’s fully-owned subsidiary Enefit Green.

As a result of the decision of the supervisory board, Eesti Energia said that relevant agreements have been inked between the 100% subsidiary part of Enefit Green, UAB Silales vejas, and GE Renewable Energy, the provider of wind turbines.

Eesti Energia said that the investment decision on Silale II wind park will enable the company to realize its growth plan of renewable power production.

The Silale II wind park will be powered by up to 12 wind turbines with a capacity of 3.6MW each. The wind park will have an estimated annual production of the wind power station of around 160GWh.

Aavo Kärmas – Chairman of the Management Board of Enefit Green, commenting on the Silale II wind park, said: “Our second wind park in Šilale region is significant, because it will be created in cooperation with Eesti Energia’s business customers all over the Baltics. Businesses are increasingly looking to consume local renewable energy to reduce their environmental footprint. Enefit Green on the other hand has willingness and ability to produce enough green electricity to meet their expectations. Such a partnership creates a driving force.”

Currently, the annual renewable electricity production of Eesti Energia from wind and solar assets is about 1.1TWh.

The Silale II wind park is slated to be commissioned in early 2023. It is underpinned by a power purchase agreement (PPA) via the cooperation of Eesti Energia’s client services unit.

Nearly 80% of the power generated by the Silale II wind park has been bought by customers for the first five years of production.

  Aavo Kärmas, Eesti Energia Group, Enefit Green, GE, GE Renewable Energy, General Electric, Lithuania, Silale II wind farm, Wind industry news