Floating solar photovoltaic plant to be installed at Kruonis pumped-storage plant in Lithuania

The Lithuanian Business Support Agency (LSBA) has granted €235,000 (US$267,500) to support development of an experimental floating solar photovoltaic power plant at the existing 900-MW Kruonis pumped-storage hydroelectric plant in Lithuania. The floating solar plant will be developed by Lithuanian state-owned enterprise Lietuvos Energijos Gamyba, together with scientists from Kaunas University of Technology (KTU). LBSA and 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 was rated among the best applications.