Tag Archives: Offshore Wind Auction

Lithuania’s First Offshore Wind Auction Sees Ignitis Group and OceanWinds as Winners, Plans for Improved CfD Model in Future Tender

(IN BRIEF) Lithuania has successfully conducted its first offshore wind auction, with a consortium of Ignitis Group and OceanWinds emerging as the winner. They paid €20 million for the right to develop the 700 MW offshore wind project, expected to … Read the full press release