Significant partnership between UAB Juodeliai and Gren to convert by-products into valuable industrial heat
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06/2024
Northern European energy company Gren joins UAB Juodeliai in expanding production. This collaboration will introduce a complex configuration of energy services that converts wood processing residues into valuable industrial heat, essential for new UAB Juodeliai lumber drying process.
Gren's Industrial Energy Service team will implement 10MW energy plant. Initially, the plant will provide 5MW of process heat, potentially expanding to 10MW in the coming years, contingent on UAB Juodeliai growing energy needs. Gren will take full responsibility for the energy production operations throughout the plant's lifecycle, ensuring a reliable and efficient energy supply.
Petras Jašinskas, Chief Executive Officer at UAB Juodeliai commented, "The expansion of our production capacity is vital to meet the increasing demand for our products. Gren managed to propose a long-term energy security model for UAB Juodeliai by flexibly adapting transparent terms of a long-term partnership. Gren's innovative energy solution aligns perfectly with our sustainability goals and operational requirements. We look forward to a successful partnership that benefits our business and the environment."
The collaboration between Gren and UAB Juodeliai will commence immediately, with the new energy and production facilities expected to be operational by autumn 2025.