Renewable Energy Generation Capacity Deployment | VLI Timber

Deployment of Renewable Energy-Based Power Generation Capacity at VLI Timber

Deployment of Renewable Energy-Based Power 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 premium-quality kiln-dried firewood for stoves and fireplaces. Its mission is to provide warmth and comfort to every home.

UAB “VLI Timber”, engaged in wood processing for fuel purposes, follows principles of environmental and social responsibility. The company holds an FSC Chain of Custody certification, ensuring that all wood used in production is sourced exclusively from responsibly managed forests. Production processes are carried out in accordance with the LEAN system.

Project Background

The implementation of the company’s production processes requires significant electricity consumption, which has increased substantially in recent years due to ongoing production expansion.

In order to optimise 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 based on renewable energy sources (RES).

Project Implementation

During the implementation of the Project, a 900 kW solar power plant will be installed.

Funding and Project Details

The Project is financed under the 2022–2030 Development Programme managed by the Ministry of the Economy and Innovation of the Republic of Lithuania, within the economic transformation and competitiveness development programme, under the progress measure “Encouraging companies to transition towards a climate-neutral economy”, activity “Promoting the deployment of renewable energy sources in industrial enterprises”.

  • Total project value: EUR 702,000.00

  • Funding allocated from the European Regional Development Fund and funds of the Republic of Lithuania: EUR 300,000.00

  • Own funds of the applicant and partners: EUR 323,074.00

  • Ineligible project costs: EUR 78,926.00

Project Timeline

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

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