Who is Solano energy?

Solano Energy is a smart power company founded by Vietnamese engineers from Oxford and Cambridge universities. With decades of combined experience in business and technology, our vision is to transform the way we produce, store and consume energy, and enable sustainable lifestyle for the future generations. Talented engineer?

Why should Lithuania invest in solar energy?

To be an active partner of society, politicians and business, creating a suitable and sustainable environment for the development of solar energy in Lithuania. We unite solar energy market players to inspire, encourage and help Lithuania to use solar energy as a clean, renewable source of energy, ensuring energy independence and a secure future.

How many investors does Solano energy have?

Solano Energy has 2 investors including HAX and SOSV. When was the last funding round for Solano Energy? Solano Energy closed its last funding round on Feb 22, 2023 from a Pre-Seed round. Who are Solano Energy's competitors?

What is the Lithuanian Confederation of renewable resources?

The Lithuanian Confederation of renewable resources successfully pursuing its goal of promoting the wider use of renewable energy sources in the energy sector in accordance with sustainability criteria.

Is Lithuania a good country for solar energy?

Lithuania has been significantly expanding its solar parks, growing from zero in early 2000s to 814 MW capacity in 2022. Lithuania is a net energy importer. In 2019 Lithuania used around 11.4 TWh of electricity after producing just 3.6 TWh. Systematic diversification of energy imports and resources is Lithuania's key energy strategy.

Which power plant provides energy storage in Lithuania?

Kruonis Pumped Storage Plant provides energy storage, averaging electrical demand throughout the day. The pumped storage plant has a capacity of 900 MW (4 units, 225 MW each). Kaunas Hydroelectric Power Plant has 100 MW of capacity and supplies about 3% of the electrical demand in Lithuania.