Green Genius

Overview
Activities
News
Current-gen renewables?
Product stageSegments
Growth
?
Solar+Storage project developers and operators, Wind project developers and operators, Bioenergy developers and operators
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Green Genius is a renewable energy company that generates clean energy from solar energy and biogas projects. The company is developing and constructing solar and wind power plants across Lithuania and several other European countries. Green Genius' key product offerings include ground-mounted solar photovoltaic (PV) parks and biogas power plants.

Solar PV is Green Genius' primary focus area. By the end of 2025, the company aims to have 500 MW of solar PV capacity installed across Lithuania. Green Genius is also developing wind farms, with a target of installing 200 MW of wind power in Lithuania by 2025, taking its combined solar and wind portfolio in the country to 700 MW. The company plans to construct hybrid renewable energy parks combining solar and wind at certain sites to optimize land use and grid connectivity. Green Genius estimates its planned 700 MW renewable capacity in Lithuania will produce around 10% of the country's electricity needs by 2025 while avoiding 556,000 tons of annual CO2 emissions.

In April 2024, Green Genius installed the first of eleven wind turbines at its 63 MW Jurbarkas wind farm in Lithuania, which will be operational by 2025. The developer is also upgrading its portfolio of 11 biogas plants in Lithuania to produce biomethane, investing EUR 35 million. This biomethane production will strengthen Lithuania's role in greening the transport sector.

By 2025, Green Genius expects its total implemented renewable energy capacity across Europe to reach 1.5 GW. The company was acquired by an undisclosed entity in March 2024.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
J. Balčikonio Gatvė Vilnius LTU
Founded year:
2006
Employees:
101-250
IPO status:
Private
Total funding:
USD 92.5 mn
Last Funding:
USD 10.0 mn (Debt Financing; Oct 2023)
Last valuation:
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