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October 16,2024

Lithuania Launches €180 Million Energy Storage Grant Scheme

Lithuania will advance a €180 million grant scheme for Energy Storage Projects after EU approval. The initiative aims to support at least 1.2GWh of storage, covering up to 30% of project costs. Funded under the Temporary Crisis and Transition Framework, it targets projects connected to the transmission network, with competitive bidding for selection by December 2025.

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