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Reforms and Investments

Entry into force of legislation to improve the investment environment for renewable energy sources (RES) developers

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Entry into force of legislation to improve the investment environment for renewable energy sources (RES) developers

Amendments to a batch of laws relaing to production of renewable Energy seek to simplify the administrative requirements for the development of renewable energy power plants and include: defining and regulating hybrid power plants; a single development permit and a single manufacturing permit for hybrid power plants; waiver of the development and generation allowances for prosumers and for new RES power plants up to 100kW; limit the duration of the permitting granting procedures to one year for new RES power plants. 

Additional links:

XIV-1169 Lietuvos Respublikos atsinaujinančių išteklių energetikos įstatymo Nr. XI-1375 2, 3, 5, 6, 11, 13... (e-tar.lt)