Shorouk Express 
BAKU, Azerbaijan, July 21. Lithuania’s
government has approved an additional 37.33 million euros in
funding for legal entities investing in high-capacity electricity
storage systems, following strong market interest, Trend reports.
The measure, jointly endorsed by the Ministers of Energy and
Environment, aims to enhance grid flexibility and support the
country’s renewable energy expansion.
The Ministry of Energy initiated the added funding after
reviewing the results of a call for applications that closed on
June 17. The Environment Project Management Agency (APVA) received
over 50 applications requesting nearly 198 million euros—almost
double the originally allocated 102 million euros.
“We responded to clear market interest in strengthening the
reliability of Lithuania’s energy system and accelerating renewable
energy growth. These investments in storage capacity are vital for
integrating more green energy into our grid. Lithuania has made
strong progress in the renewables sector. Energy storage is now
essential to maintain momentum, reduce greenhouse gas emissions,
and increase our energy independence,” said Minister of Energy
Žygimantas Vaičiūnas.
Currently, applications are under evaluation. The first
stage—administrative compliance—takes up to 30 working days,
followed by a technical assessment of equal duration.
The funding measure targets storage units ranging from 15 MW to
150 MW that can provide balancing services to the national
transmission system operator. The subsidy can cover up to 30
percent of eligible project costs.
Accelerating the deployment of advanced electricity storage
technologies remains a strategic priority for the Ministry of
Energy. By 2028, Lithuania aims to establish a full-scale
regulatory and investment framework enabling the expansion of
energy storage capacity to 1.5 GW with a total storage volume of
4.4 GWh.
More details on current and upcoming investment support programs
can be found [here].
