2025 09 20
To reduce its environmental impact and transition to sustainable energy consumption, UAB "Grigeo Tissue" has implemented an environmental project that involved the installation of powerful solar photovoltaic power plants on the company's premises, ensuring a more environmentally friendly production process and reducing CO2 emissions.
About the project
The main objective of the project is to reduce electricity distribution costs by generating electricity close to consumers. The project has installed 2199.96 kW solar photovoltaic power plants, which will achieve up to 2 144 961,00 kWh annual calculated amount of electricity generated and a reduction of at least 900.88 tonnes of greenhouse gas (GHG) emissions. This project is an important step towards a climate-neutral economy and sustainable business development.
Project Operator: Grigeo Tissue UAB
Project Implementation Location: Vilniaus st. 10, Grigiškės, Vilnius city municipality.
Total Project Value: 795 783,07 Eur
Part Funded: 721 600,00 Eur
Start of the Project: November 2023
End of the Project: August 2025
Project benefits:
· Significant reduction in environmental pollution
· Improved sustainability of the company
· Strengthened company reputation in the environmental field
· Reduced electricity costs
The project is funded by the European Union Emissions Trading System Modernisation Fund.
