(Natural Energy News): A unit of Latvia's power supply company Latvernergo has signed an off-deal deal to purchase approximately 60 GWh of electricity per year from a wind farm in Lithuania.
Electrum Lituva said on Friday that it would receive a full production of the wind park under a three-year power purchase agreement (PPA) with the project company, which is owned by the Inter Rao Lituva Group. Electricity distribution will start early next year.
Financial details about the deal were not provided.
Related Article: US $ 86 million wind power projects inaugurated in Vietnam
The Vydmantai wind farm, located in western Lithuania, has an annual output that is sufficient to supply about 30,000 homes per year.
Arturas Zatulin, head of business customers, said that Elektra Letuva would try to make similar deals to buy green electricity in the Lithuanian market. He said the company expects to supply 1 Lakh electricity to the Lithuanian market this year.
.JPG)
0 Comments