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August 27,2025

Lithuania’s capex scheme to fund 4,000MWh Storage Expansion

Lithuania’s EU-backed energy storage support scheme will fund up to 4,000MWh of battery storage, covering about 15% of €840 million investments. Initially allocated €102 million, it was extended by €37 million due to high demand. Projects total 1,700MW power rating, enhancing grid resilience, flexibility, and price stability.

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