On 12 October 2023, the National Energy Regulatory Council (VERT) officially announced that a consortium consisting of Ignitis Renewables and Ocean Winds had won the first 700 MW offshore wind auction.
The project will be developed in the Baltic Sea, approximately 30 km from the coast, and aims to start generating electricity by 2030. This is the first commercial offshore wind project in the Baltic States to move from the planning to the implementation phase. Lithuania plans to reach a total offshore wind capacity of 4.5 GW by 2050.
Source: OffshoreWIND.biz, 12.10.2023.