Renewable Energy Generation Capacity Project | VLI Timber

Deployment of Renewable Energy Generation Capacity at Vli Timber

Deployment of Renewable Energy Generation Capacity at Vli Timber

 

 

Project Overview

UAB “VLI Timber”, operating since 2009, is a leading company in the kiln-dried firewood production market not only in Lithuania, but also globally. The company produces and supplies high-quality kiln-dried firewood for stoves and fireplaces. Due to the nature of its manufacturing processes, the company requires significant electricity consumption, which has increased substantially in recent years as a result of ongoing production expansion.

In order to optimize production costs, increase investments in production volumes, and reduce the negative environmental impact of manufacturing processes, and based on the conclusions of the energy consumption audit conducted in 2022, UAB “VLI Timber” initiated a project aimed at installing energy generation capacity using renewable energy sources (RES).

Project Implementation

During the implementation of the project, a solar power plant with a capacity of 349.89 kW will be installed.

Project Budget and Funding

  • Total project value: EUR 192,798.80

  • Funding allocated from the Regional Development Fund: EUR 74,161.04

  • Own funds of the project promoter: EUR 79,865.02

  • Ineligible project costs: EUR 38,772.74

Project Timeline

The project is implemented from 24 July 2023 to 31 July 2025.

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