Rolls-Royce Secures Largest Battery Order for Energy Storage System Deployment in Lithuania
In a significant stride towards a greener future, Rolls-Royce has secured the biggest battery order for a large-scale energy storage system in Lithuania. This development comes as the country's renewable power generation continues to grow, according to Darius Maikštėnas, CEO of Ignitis Group.
The battery energy storage systems, a key component in the green transition, are set to play a crucial role in integrating more green capacities and balancing power prices. These systems make the network more flexible, enabling efficient use of green energy, and help maintain stability even through heavy fluctuations.
The German parent company of Rolls-Royce has chosen the company Younicos for the delivery of these large-scale energy storage systems in Lithuania. This move further cements Rolls-Royce's position as a global leader in integrated energy solutions.
By enabling the reliable integration of renewable energy into power grids, Rolls-Royce is strengthening its role in one of the fastest-growing global markets. The company is at the forefront of tackling the world's most urgent energy challenges: decarbonisation, resilience, and energy security.
Rolls-Royce's portfolio includes proven technologies such as battery energy storage, diesel, and gas systems, as well as future-defining innovations like small and advanced modular reactors. This diverse portfolio positions the company well to meet the varying needs of the energy market.
Moreover, battery energy storage systems are expected to reduce power prices in Lithuania, making renewable energy more affordable and accessible. These systems are also considered an important guarantee of reliability in Lithuania's growing renewable energy sector.
In conclusion, Rolls-Royce's entry into the Lithuanian market with its large-scale energy storage systems marks a significant step towards a greener, more sustainable future for the country. As the demand for renewable energy continues to grow, it is clear that companies like Rolls-Royce will play a crucial role in meeting this demand and driving the global transition to a cleaner, more resilient energy system.
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