Belarus says new nuclear plant will slash Lithuania’s dependency on Russian energy

A new nuclear power plant, thought to be the newest in the world, is set to become operational in Belarus this summer, despite continuing fierce opposition from neighbouring Lithuania.  The facility, called Astravyets, just 45 kilometres from the Lithuanian capital Vilnius and is set to go online this month with one principle aim being to…

EIB invests in Lithuania

The European Investment Bank is providing €12.5 million to the Lithuanian Public Investment Development Agency, VIPA.  The agreement is backed by the Juncker Plan’s European Fund for Strategic Investments.  VIPA will use the financing to create the first national investment platform dedicated to promote and finance energy efficiency projects across Lithuania.  The investments will focus…