| Deleted: | Added: <p>Like many other European countries, Lithuania is actively promoting energy efficiency and the adoption of renewable energy technologies. This includes providing various opportunities and incentives for individuals and businesses interested in sustainable solutions.</p><h3><strong>Solar Panel Installation Companies</strong></h3><p>Lithuania is home to several companies specializing in the installation of solar power systems for both residential and industrial clients. Below are some notable providers:</p><ul><li><p><strong>Ignitis</strong>: Ignitis focuses on large-scale and remote solar power systems. The company operates the largest solar power plant in the Baltic States and offers remote solar parks with up to <strong>34% state aid</strong>, which significantly reduces electricity costs for users.</p></li><li><p><strong>Enefit</strong>: Enefit provides flexible solar solutions, including financing options such as leasing and Power Purchase Agreements (PPAs). The company has developed one of the region’s largest solar plants and offers financial aid for solar installations, particularly supporting SMEs, farmers, and energy communities.</p></li></ul><h3><strong>Government Incentives and Subsidies</strong></h3><p>The Lithuanian government, along with local authorities, offers various incentives and subsidies to encourage the adoption of energy efficiency measures and renewable energy solutions:</p><ol><li><p><strong>Financial Instruments for Energy Efficiency</strong>: The government provides investment subsidies and partial interest compensation for energy efficiency and renewable energy projects through <strong>EU Structural Funds</strong>. These grants can be combined with financial instruments to fund technical support, interest rate subsidies, and capital rebates.</p></li><li><p><strong>Support for Energy Independence and Efficiency</strong>: The <strong>Ministry of Finance</strong> has allocated nearly <strong>€800 million</strong> to support energy independence and efficiency for residents, businesses, and the public sector. This funding aims to help reduce energy costs and encourage the transition to more sustainable energy practices.</p></li><li><p><strong>Support for Energy Communities</strong>: As part of the <strong>Lithuanian Recovery and Resilience Fund</strong>, the government has allocated <strong>€60 million</strong> in subsidized loans to municipalities. These loans are designed to support energy communities that tackle energy poverty and promote sustainable energy use at the local level.</p></li></ol> |
