Solarplaza Summit | Baltics

This event has been held already. Stay up-to-date with the latest edition by signing up for updates.

Thursday 20 March 2025


08:30

Registration & Welcome Coffee

45 min.


09:15

Opening & Welcome by Solarplaza

presentation

15 min.

Nicola Kopij Zanin

Solarplaza


Session 1

Snapshot of the Baltics RE Market: a Necessary Refresher

09:30

Volatility, curtailment & Negative Spot Prices: Which Strategies Pay off in the Baltics Utility-scale RE Market?

presentation

20 min.

The latest months have been, and the next years are expected to be characterized by volatile energy prices with an increased penetration of RE into the power system: this trend will profoundly shape the long-term scenario and profile of energy demand and supply in the region. We kick off the day by providing you with a presentation on some market and industry intelligence, market trends and experiences from the Nordic countries to keep an eye on for utility-scale PV project developers.

Johan Lindahl

Becquerel Sweden


09:50

What support and strategy can investors expect from the Lithuanian National Energy Regulatory Council (NERC)?

presentation

20 min.

Lithuania plans to source its electricity exclusively from local renewable energy sources by 2030. Renewable energy currently accounts for around 40 per cent of total system demand, mainly from solar and wind. The Lithuanian National Energy Regulatory Council will share their view on how they support PV, Wind & BESS projects and tenders to make sure the country's strategic goal of energy independence is met.

  • Latest framework aimed at incentivizing a swift roll out of RE projects
  • Upcoming RE tenders: what can investors expect
  • Long term outlook aimed at fostering the deployment of RE

Read full description

Close description

Jelena Dilienė

National Energy Regulatory Council


10:10

InnoSolveGreen Project Case Study: Breaking Down the First Hybrid Project (PV & BESS) with a Signed PPA in the Baltics

presentation

30 min.

Join us for this inspiring presentation hosted by Green Genius to learn about the first-of-a kind hybrid project now operational in the Baltics. The InnoSolveGreen project combines PV & Storage technology and is supported by a PPA with the Carlsberg brewery. Such project may be the first of such a kind to be soon adopted in the region as it embraces a truly innovative production profile. 

  • How to convince major stakeholders to invest into storage projects?
  • What do lenders and banks look at when structuring the project USP?
  • What potential offtakers may foster the Baltic PPA market and what kind of products are suited for them?
  • How to monetize on storage projects by reducing pressure on the grid
  • Expectations, Challenges, Dissapointments: what the future holds for BESS investors

Read full description

Close description

Nerijus Virbickas

Green Genius


10:40

Morning Networking Break

95% of the attendees of last year’s Solarplaza Summit Baltics said they made a valuable business connection. Use this break to kickstart your networking & meet your next business partners!

Session 2

The Up-to-date Investment Framework for BESS Projects in the Baltics

11:30

Modeling the Risk-Return Profile of Utility-Scale BESS Strategies: Are You a "Price Arbitrage" or "Frequency Services" Type of Investor?

presentation

20 min.

Large-scale battery energy storage systems are indispensable to continue fuelling the energy transtition. Investors are faced with the pros of cons of different business models: providing grid services through frequency service models, taking on higher risk through price arbitrage, or a mix of both. What is more convenient and how to the benefits of each strategy compare with the downsides?

  • Expected revenue streams from frequency services and energy arbitrage: which ones are more convenient?
  • Investment pipeline for storage projects in the Baltics
  • Estimated profitability of assets with BESS: is standalone storage or RE assets + BESS more convenient?

Read full description

Close description

Gabriela Peña Balderrama

Aurora Energy Research


11:50

Hype or winning strategy: are storage projects undergoing a development bubble in the Baltics or can you aim for double-digit returns?

panel

40 min.

Developers are embarking on an increasing number of standalone or co-located BESS projects and sharing these opportunities with inverstors. What percentage of the pipeline being developed in the market will be built and is the market ready for a sudden surge in operational storage projects? During this panel major investors and project developers active in the Batlics will share their thoughts.

  • Expectations for co-development agreements and joint-ventures in the Baltics: timelines and payment schedules
  • What is the estimated potential of storage projects being developed in the Baltics
  • Key qualities making a utility-scale project attractive for investors
  • Estimated timeline for reaching Ready-to-Build (RtB) status in the Batlics for projects under development

Read full description

Close description

moderator

Nicola Kopij Zanin

Solarplaza

Andrius Karazinas

Lithuanian Solar Energy Association (LSEA)

Vigars Kaktinieks

PurpleGreen

Anna Rozīte

AJ Power Corporate Group

Aistis Radavičius

Renwise


12:30

Networking lunch break

Our networking app makes it easy to schedule one-on-one meetings with any of the 150+ attendees and 15+ speakers!

Session 3

Project Financing & Energy Trading Landscape for Utility-Scale Assets in the Baltics

14:00

Monetizing on energy trading and locking in revenues: what returns can investors achieve in the Baltics?

panel

40 min.

Traditional generation assets, when combined, with the possibility of heding-oriented trading strategies aiming to lock in extra revenue during volatile periods, enable asset owners to increase returns on their assets. Throughout this discussion, market leaders will share their perspective on the energy trading market in the Baltics and what strategies they pursue to lock in extra revenues.

  • Demand for energy storage solutions and ancillary services
  • How to exploit volatility and price arbitrage potential
  • Capturing wide price spreads on the power market

Read full description

Close description

moderator

Andrius Šimkus

Sorainen

Tadas Navickas

Sunly

Louis Rosset

Clean Horizon


14:40

Project financing prospects for utility-scale RE assets: are banks ready to take on more risk through storage projects?

panel

40 min.

Interest rates and financing costs remain high: IPPs and investors must ensure their business models are updated and remain competitive in order to reach positive NPV projects. This becomes even more challenging as storage revenue streams have to be modelled and integreated into financial models. It all starts with project financing, and during this panel discussion, the major lenders involved in project financing for utility-scale projects in the Batlics will share their insights on hot wo maximize the chances structuring successful financing deals, and how they price in the risk for projects with cash flow exposure based on BESS.

  • What project characteristics should developers aim for in order to obtain project financing
  • Can merchant projects still be financed?
  • Financing options from commercial banks
  • Private debt strategies as alternative to traditional equity financing

Read full description

Close description

moderator

Nicola Kopij Zanin

Solarplaza

Anneli Ivanov

SEB

Giedrius Rūškys

European Investment Bank (EIB)

Vytautas Žilys

Luminor Group

Vaidas Žagūnis

Citadele Bankas


15:20

Afternoon networking break

Whether you're looking to connect with professionals from a specific sector or want to build relationships across the entire solar PV value chain, our event offers a unique chance to engage with experts from across the industry.

Session 4

Effective PV & Storage Solutions to Optimize your LCOE & Asset Management Best Practices

16:00

All-in-One Battery Optimization: AI-supported fully autonomous analytics, trading and connectivity

presentation

20 min.

Önder Akar

smartPulse


16:20

Back Contact Technology, the chase after the track of higher efficiency

presentation

20 min.

  • Technology and product Roadmap
  • Characteristics of HiMO9 modules
  • Advantages of HiMO9 in large scale PV plants

Read full description

Close description

Francisco Estela

LONGi


16:40

Yes to storage, flexibility & hybrid assets: but under which business model? An international perspective

panel

30 min.

Market leader Independent Power Producers (IPPS), utilities & investors are all placing high bets on the rapid adoption of storage technologies. BESS projects have gained momentum and a lot of key takeaways can be derived from foreign, mature markets where the penetration of storage is increasing massively/ Gain crucial insights into expected business models, how foreign & mature market trends are expected to be adopted in the Baltics, and how the RE industry will evolve to be even more resilient to increased market volatility.

  • Are hybrid assets the future of the Baltic power system?
  • Will co-located projects with BESS assets become a necessity to survive in the market?
  • Lessons learned from foreign and mature storage markets
  • Expected extra revenues from storage assets:
  • Planning your long-term strategy in the Baltic RE market

Read full description

Close description

moderator

Nicola Kopij Zanin

Solarplaza

Rytis Kėvelaitis

Energy Unlimited

Edvardas Norkeliūnas

ICOR Group

Søren Juel Hansen

Nordic Solar


17:10

Closing remarks

10 min.

Nicola Kopij Zanin

Solarplaza


17:20

Networking drinks

As you mingle and build your network, be sure to take a moment to enjoy a refreshing soft drink, glass of wine, or cold beer. While solar PV experts from Lithuania, Latvia & Estonia represented approximately 65% of our attendees last year, there will be plenty of opportunities to connect with professionals from our global network, which includes countries such as Poland, Germany, Denmark, Romania and many more!

Need any help?

Send us an email; we’d be more than happy to help.

Duygu Özer de Kruijf
Project Manager

For practical questions regarding our activities:

duygu@solarplaza.com

Ward Schuuring
Business Developer Team Lead

For practical questions regarding our activities:

ward@solarplaza.com

Sanna Solkinen
Project Coordinator

For practical questions regarding our activities:

sanna@solarplaza.com