Projects

UAB “Elastas” implements the project “Usage of renewable energy resources for electricity production by UAB “Elastas””

UAB “Elastas” implements the project “Usage of renewable energy resources for electricity production by UAB “Elastas”” (project No. 02-011-K-0075), which is partially financed by EU funds.

The aim of the project is to increase the production of RES part in the final energy consumption. During the implementation of the project, UAB “Elastas” will implement energy efficiency measures in its activities – two solar power plants, which will create conditions for saving electricity and reducing electricity costs.

The implementation of the project will also contribute to mitigating Lithuania’s impact on climate change, solving air pollution problems, and reducing energy dependence on imported energy resources.

The total cost of the project is 339 070 Eur. The amount is allocated from the European Union funds for the implementation of the project is 208 341 Eur.

The start of the project implementation is in 2023 July. The completion of the project is in 2025 July.