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Another Key Milestone Reached at the Marijampolė Project

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The Marijampolė project is moving ahead at full pace. The project is being delivered by Baltinova, UAB, a company belonging to the Envestus Holding group. Following the successful completion of factory acceptance tests, the inverters and transformers have been delivered to the construction site. Cable installation works are set to begin later this week, marking another important milestone in the successful delivery of the project.

Other News

2026 / 11 / 02

VE Servisas and HyperStrong
Launch Hands-On BESS O&M Training in
Marijampolė

This week, “VE servisas”, a subsidiary of “Envestus holding”, together with one of the world’s leading battery energy storage system (BESS) manufacturers, “HyperStrong”, is conducting operations and maintenance (O&M) training, enabling “VE servisas” employees to fix faults faster and more effectively. Alongside the system commissioning and tuning work taking place this week at the Marijampolė […]
2026 / 10 / 09

Marijampolė Project Approaches the
Finish Line

The implementation of the Marijampolė Battery Energy Storage System (BESS) project has reached an important milestone, with construction works nearing completion. All major project equipment has now been delivered to the site and installed, and the equipment interconnection works have been completed. The remaining construction and infrastructure works are currently being finalized, while preparations are […]
2026 / 09 / 24

NordBalance Among the First
to Qualify 20 MW of DSO-Connected
Wind for Balancing Services in Lithuania

NordBalance has qualified 20 MW of wind turbines connected to the ESO distribution grid to provide balancing services in Lithuania. The assets are aggregated within the NordBalance Virtual Power Plant (VPP), while more than 70 MW of DSO-connected wind has already been submitted to Litgrid for the same qualification process. This shows that existing wind […]
2026 / 08 / 04

We are pleased to
expand our partnership with Acme grupė

Under the new agreements, Envestus Holding group companies will provide integrated services for several wind farms. NordBalance will continue managing electricity trading and, together with VE servisas, prepare the wind farms for participation in balancing markets, including the asset prequalification process. VE servisas will also provide operation and maintenance (O&M) services. We are grateful to […]
2026 / 07 / 09

Baltinova, UAB – Delivering
Over 14 MW of Wind Power
Capacity in Northern Lithuania

Baltinova, UAB, an Envestus Holding company, is delivering more than 14 MW of installed wind power capacity in the Biržai region of Lithuania. The project comprises three Enercon E-138 wind turbines, developed under separate project companies and representing a combined installed capacity of over 14 MW. With the first turbine already erected, construction continues according […]
2026 / 06 / 15

Envestus Holding Establishes New
Subsidiary in Poland

Envestus Holding has established a new subsidiary in Poland, Envestus Capital Sp. z o.o. The company will focus primarily on real estate development, strengthening the Group’s presence in the Polish market and supporting its long-term growth strategy in the real estate sector. Envestus Capital Sp. z o.o. will pursue development opportunities across selected residential, commercial, and mixed-use […]
2026 / 05 / 11

The BESS equipment has
arrived at the construction site of
the Plungė project

In April 2026, the BESS equipment was delivered to the construction site of the Plungė project. The equipment has already been installed, and the initial tests have been carried out. Intensive preparations for the energization of the equipment are currently underway.
2026 / 04 / 29

Successful Factory Acceptance Test
(FAT) trials at HyperStrong for
Marijampolė project

Successful Factory Acceptance Test (FAT) trials were conducted at the HyperStrong facility in China, attended by the head of our subsidiary Nordbess. These tests represent an important stage prior to delivering the equipment to the client, as they verify that the entire system meets technical requirements and operates according to the specified parameters. The successful […]
2026 / 03 / 09

Envestus Holding Representatives
Participated in Wind Vision 2026

On March 3rd in Vilnius, Lithuania, representatives of Envestus Holding companies participated in the “Wind Vision 2026” conference, contributing to high-level discussions on the future development of the energy sector. Shareholders and executives of Baltinova, NordBalance, NordBess and VE Servisas engaged with industry leaders, developers, financial institutions and policy stakeholders, presenting the group’s expertise in […]
2026 / 02 / 05

VE Servisas, UAB Takes
a Leading Role in Implementing
DSO-Aligned Cyber Security Solutions

Envestus Holding company “VE servisas”, UAB has started the deployment of advanced cybersecurity solutions designed to meet the security compliance requirements established by Energijos skirstymo operatorius (ESO) for renewable energy facilities. The initiative responds to Lithuania’s enhanced regulatory framework aimed at protecting power plant control systems and energy storage installations from unauthorized access and cyber threats.
2026 / 01 / 29

Baltinova, UAB Develops One
of Lithuania’s First Wind-BESS Hybrid
Energy Project

Envestus Holding company Baltinova, UAB, in partnership with Connecto Lietuva, UAB, has won a public tender to deliver a 30 MW / 60 MWh battery energy storage project in Lithuania’s Marijampolė region. Scheduled for implementation in 2026, the project will combine European-based PCS technology with Tier-1 battery solutions. We are proud to contribute to Lithuania’s […]
2025 / 10 / 21

Baltinova, UAB – One
of the Country’s First Developers Implementing
a Fully Hybrid Power Plant

Envestus Holding company Baltinova, UAB is carrying out the development of wind turbines and energy storage systems, which are integrated with a solar power plant located at an industrial facility and a unique electricity consumption profile. The project development has moved into the construction phase, where preparations are underway for the arrival of some of […]
2025 / 09 / 18

NordBalance, UAB – Independent
Electricity Supplier

On September 18, 2025, Envestus Holding company NordBalance, UAB became a new independent electricity supplier in Lithuania, as approved by VERT. As developers of renewable energy, we strive to provide our clients with a complete service chain and work hand in hand at every stage of project operations.
2025 / 01 / 20

Decision Trees and NordBalance
partnership

Decision Trees GmbH and UAB NordBalance (subsidiary company of Envestus Holding) have signed a contract for collaboration.
2025 / 01 / 01

We’re Excited to Unveil
Our New Website!

We are proud to announce the launch of our newly redesigned website, marking a significant milestone in our journey.