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Idex Baltic, a Lithuanian company owned by French renewable energy group Idex which has recently entered Lithuania, is asking Lithuania's Competition Council for permission to acquire Pusbroliai, one of the largest biofuel production and supply companies in Lithuania.
Fortum Klaipėda heat and power plant, which runs on waste and biofuel, produced a record 416GWh of heat and 143GWh of electricity during 2015.
Lithuanian Prime Minister Algirdas Butkevičius, who took part in the opening ceremony of a new biofuel boiler house in Elektrėnai on Friday, said that this object will also contribute to business development because it will increase the operating volumes of regional companies engaged in biofuel prod...
Prosecutors say that plans by Bionovus, an Icor-controlled biofuel supplier, to merge with its Estonian-registered owner and cease operations will have no impact on their investigation into the company's deals, but some lawyers say that this would make it more difficult to gather documents needed fo...
Lithuania's Environment Minister Kęstutis Trečiokas says the country should not speed up the international shale gas exploration tender.
Over 60 biofuel plants that are currently being built will become operational in 2015-2016 heating season. Lithuanian biofuel will generate two thirds of district heating volume.
Eleven towns and cities in Lithuania are organizing a traditional winter campaign that sees Christmas trees collected for biofuel, the country's Ministry of Environment said on Tuesday.
The Board of the national electricity generation company Lietuvos Energijos Gamyba (Lithuanian Energy Production) has decided to decommission units 1 and 2 of the Lithuanian power plant (Elektrėnai Power Plant) starting from 1 January 2015.
