Solar Market Outlook in Lithuania
The future of the solar power market in Lithuania is shaped by a wide range of factors such as feed-in tariff, availability of financing, incentives, and other key players. There are also factors that hinder the growth of the country’s solar power market including the uncertainty of large-scale developments, high capital expenditure, and increasing competition.
Despite the challenges and hurdles that are present, the Lithuanian government along with the Lithuanian Business Support Agency continues to support any step forward in the country’s solar energy sector. One of the major breakthroughs for the solar industry is the construction of a floating solar PV power plant. The construction of this facility cost $270,000 and is expected to produce 900 MW of power.
The first stage of the said project is set to be completed by the end of 2021. There are also more projects lined up to facilitate more solar power generation in the country that would be enough to power 120,000 households.
Since this floating power plant is the first of its kind in the region, the Lithuanian government is hoping that it will attract more investments in the solar power market.
Solar Energy Equipment Supply Capacity in Lithuania
The growth rate of the solar energy sector in Lithuania has been slow and steady. This is made possible by the availability of solar power equipment from international suppliers and distributors.
Top Major Seaports & Logistics in Lithuania
Its proximity to the Baltic Sea means that there are many ports serving Lithuania for the logistics and trade activity. The following ports serve as access points in the transport of solar power equipment:
Nickel Iron Battery
What is a Nickel Iron Battery?
A Nickel-iron battery is a rechargeable battery used for storing electric power. A Nickel-Iron(NiFe) battery contains nickel hydroxide and iron plates. The nickel(III) plates have a positive charge, and the iron plates have a negative. Each cell of this battery gives about 1.2 V of nominal voltage.
These batteries have cell durability of more than 30 years with repeated deep discharges. The slow power discharge is because the solubility of the reactants in the electrolytic solution is significantly low.
What are the applications of a Nickel Iron Battery?
Nickel Iron batteries find their application in various fields for power storage. Some of them are,
Solar Applications: The robust nature of NiFe batteries makes them suitable for solar power production. In solar applications, these batteries can fully charge in 4 hours and take overcharges and deep discharges.
Car Headlights: Due to the low self-discharge rate of only 20% to 30%. NiFe batteries produce current in the car’s electrical system and run the air conditioning.
Electrical Engines: Metro train propulsion systems in the United Kingdom and North America use Nickel Iron batteries.
How does a Nickel Iron Battery work?
Charging: The charging of the batteries takes place in the potassium hydroxide solution. Oxygen gets transferred from one plate to another. The anode is super oxidized, while the cathode has less oxidation.
Discharging: In a closed circuit, the Nickel iron battery experiences deoxidation on the positive side. While the oxidation of Iron plates, the charge starts to flow through the electrical circuit. Oxygen naturally gets attracted to Iron, forming the iron oxide.
What are some big brands of Nickel Iron batteries?
Iron Edison is one of the largest Nickel Iron battery manufacturers and suppliers in the USA. Some of the other manufacturers of Nickel-iron batteries are:
- Battery Solutions, LLC
- HBL America, Inc.
- U.S. Materials Handling Corp.