Experimental floating photovoltaic solar power plant project in Kruonis pumped storage hydroelectric power plant (PSHP), developed by Lithuanian state-owned enterprise Ignitis gamyba has received funding from the Lithuanian Business Support Agency (LBSA). The total amount of 235k EUR have been granted.
LBSA together with the Ministry of the Economy and Innovation have decided to fund the project after considering 139 applications, 91 of which received grants. The floating solar power plant project has been rated among the best applications.
Ignitis gamyba is developing the project together with the scientists from Kaunas University of Technology (KTU).
During the primary stage of the project, Ignitis Gamyba and KTU plan to install an experimental solar power plant in the upper-reservoir of the Kruonis PSHP and to develop an algorithm for managing the power plant and energy storage system. The algorithm will take into account constantly registered network and other physical parameters of the Kruonis PSHP.
The primary stage of the project is scheduled to be completed by the end of 2021.
According to initial calculations, covering the whole Kruonis PSHP’s upper reservoir with the floating solar power modules would result in a power plant generating enough electricity to supply more than 120k households yearly.