Nelja Energia to Build Baltics' Biggest Wind Farm ({{commentsTotal}})

Business
Business

The Norwegian-Estonian company Nelja Energia has won a Lithuanian public procurement for the building of a 60-megawatt wind farm near Šilutė, next to the border with Kaliningrad.

The 100-million-euro wind farm will be the biggest in the Baltics, reported Postimees. Construction will take place from 2014-2015.

A 12-year contract provides that the electricity generated by the turbines will cost Lithuania 6.95 cents per kilowatt hour.

Nelja Energia CEO Martin Kruus said new turbine technology has made it possible to build longer rotor blades, which can extend up to 120 meters in diameter, reducing costs and consumer prices.

Five other bidders took part in the public procurement.

Nelja Energia has four other wind farms in Lithuania.



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