Skip to main content

500 kW solar power plant to be installed at KN Energies’ Klaipėda liquid energy products terminal

On 14 August 2025, AB KN Energies and UAB Elmitra, the contractor selected through a public procurement procedure, signed a contract for the installation of a 500 kW solar power plant at the Klaipėda liquid energy products terminal. 

The project covers all installation stages – from design to grid connection. Photovoltaic modules will be installed on the rooftops of buildings and throughout the terminal’s territory. 

It is estimated that the plant will generate nearly half a gigawatt-hour of electricity annually, helping avoid more than 74 tons of CO₂ emissions. This amount is equivalent to the emissions from driving approximately 418,000 kilometers in a car or burning 29,000 liters of diesel – all of which will no longer be emitted into the atmosphere once the powerplant is operational. 

KN Energies will invest nearly 350 thousand euros in the project, part of which has been received as investment support under the “New Generation Lithuania” plan, funded by the European Union’s “NextGenerationEU” instrument.  

Tomas Tumėnas, Chief Financial Officer,  +370 46 391772 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.