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Lithuania is moving forward with one of the largest energy storage expansions in Europe, announcing plans to install 1. 7 GW of capacity equal to 4 GWh of storage. However, energy storage projects (both electricity and heat) are so far focused on energy storage and balancing for short-term – daily or weekly periods only. Electricity sector Lithuania, Latvia and Estonia have. . AB “Miesto gijos” (trademark “Gijos”), which manages the energy ecosystem of the capital city, together with private partner UAB “Zakaras Holding”, has completed the acquisition of shares from UAB “Future Energy”. “Gijos” has acquired 49,9 percent, and “Zakaras Holding” – 50,1 percent.
