May 15, 2025
Global Renewable News

IGNITIS GROUP
AB "Ignitis grupe" Strategic Plan 2025-2028: paving the way towards 100% green and secure energy ecosystem

May 15, 2025

AB "Ignitis grupe" (hereinafter - the Group) publishes its Strategic Plan 2025-2028, which is attached to this notice. The Group remains committed to executing its ambitious strategy with the purpose to create a 100% green and secure energy ecosystem for current and future generations.

We are continuing to expand the Group's Green Capacities Portfolio to reach 4-5 GW of installed Green Capacities by 2030, thus strengthening the energy security and contributing to the surplus green energy production in the region. In the Networks segment, we are expanding and maintaining the electricity grid to facilitate green transition. 

Highlights of the strategic plan

We target to double the installed Green Capacities, reaching a total of 2.6-3.0 GW in 2028 compared to 1.4 GW in 2024. Currently, the Group's Green Capacities Portfolio amounts to 8.4 GW, of which 3.1 GW is Secured Capacity. We focus on the development of green generation and green flexibility technologies - onshore and offshore wind, batteries, pumped-storage hydro and power-to-x. 

To enable the Green Capacities build-out, we utilise and further expand our customer base to ensure electricity offtake. Expanding the electricity supply portfolio in the countries we are active in should lead to a significant increase in the amount of supplied electricity by the Group, from 6.7 TWh in 2024 to 9.0-11.0 TWh by 2028. Also, the Group continues to build a leading EV fast-charging network, being the first-choice provider of charging solutions in the Baltics for home and business customers.

In the Networks segment, we are focusing on ensuring resilient and efficient electricity distribution and electricity network expansion to facilitate the energy market. And through the Reserve Capacities segment, we ensure the reliability and security of the power system.

Read the full press release.

For more information

Ignitis Group

ignitisgrupe.lt/en


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