In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model.
This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and do all that using one online platform.
It is claimed that Lithuania is the first country across the globe to launch an online platform for buying solar energy.
Moreover, it facilitates consumers to purchase a share of solar energy generated in remote solar panels. This means that people living in one part of the country can use solar energy generated in other parts of the country.
In this model, a buyer can estimate how much energy a household use and then accordingly buy a share of remotely generated electricity. The capacity range starts from 1 kW up to 10 kW and feeds the power produced into the grid to cover their household needs later.
Commenting on the development, Deividas Varabauskas, CEO of Sun Investment Group, said that “the world is eager to contribute to clean energy generation and switch to solar energy. But eagerness is not enough – at this point, we have to act quickly and come up with more efficient solutions. The Lithuanian market was suitable to start our project.”
“An average Lithuanian household needs a 2-3 kW power solar panel. So within a year of using a 2 kW solar panel, a household would approximately save 190 euros, around 930 trees, and reduce CO2 emission by 37 tons. Of course, the return depends on the panel’s size and whether you rent or buy it, but the results are evident,” Varabauskas added.
On the benefits of this model, Varabauskas explained that “companies are discouraged from building solar panels in their property, as it’s expensive to build, takes a long time to get permissions for building it, and there is a lack of solar energy auction quotas. Until now, in Lithuania, only a few companies and individual users had enough resources to build solar panels, but the new platform would open the doors for people living in shared premises and for companies with fewer resources. Also, it takes less time to buy or rent a remote panel and start generating energy.”
This is an example of how governments, organizations and businesses can use the new remote model. In Lithuania, households and companies can also apply for financial compensation for buying remote solar panels.
The move is inline with the Lithuanian Government’s recently launched support scheme which enabled consumers to apply for a one-time compensation of EUR 323 per installed kW.
Meanwhile, this remote solar energy production model can definitely help in growing the share of renewable energy in any country’s total energy mix.