Powering the Future: Inside Lithuania’s Ambitious Project Boston - A 180MWh Battery Energy Storage System

As the global shift toward renewable energy gains momentum, countries like Lithuania are making bold moves to secure a cleaner, more resilient energy Future. Enter Project Boston - a groundbreaking 43MWh/180MWh Battery Energy Storage System (BESS) that’s poised to become one of the largest of its kind in the country.

So, what makes Project Boston a big deal? Let’s break it down.

What is Project Boston?

Project Boston is a large-scale BESS initiative currently under development in Lithuania. It’s designed to store and dispatch energy on demand, a crucial capability as the country pushes to reduce reliance on imported electricity and integrate more renewable sources like wind and solar.

The project is currently in the investment stage, with the owners seeking financial partners. We are open to flexible transaction structures, including a potential sale of a controlling stake. Eastern Energy Solution is leading the advisory process, signaling that this is a serious, well-structured opportunity for investors.

Why it matters?

Lithuania imports over 50% of the electricity it consumes, mostly from Sweden and other EU countries. While the nation is heavily investing in clean energy, the grid still faces instability and price volatility. That’s where BESS comes in.

Battery storage helps balance supply and demand, especially during peak times or when renewables aren’t generating power. It’s also a smart way to capitalize on price swings. In Lithuania, hourly electricity prices can soar as high as 3,200 EUR/MWh or even dip into the negatives. This makes battery storage not just a grid necessity, but also a potentially profitable venture.

The Numbers at a Glance

Capacity: 43MWh/180MWh

Location: Next to a 110/10 kV substation operated by LITGRID (great for easy grid integration)

Estimated CAPEX: ~ EUR 28 million

Projected Annual Profit: EUR 9 million

Development Timeline: Up to 2 years

Why Investors should pay Attention?

Aside from strong financials, Project Boston stands out for its strategic location and alignment with national energy goals. As Lithuania accelerates its renewable energy transition, the demand for reliable storage solutions will only increase.

For investors, this project offers a rare chance to get in early on a high-impact, high-potential infrastructure asset, one that supports both profitability and sustainability.

Final Thoughts

Lithuania’s Project Boston isn’t just about batteries, it’s about building the backbone of a modern energy system. With the right investment partners, this ambitious project could help redefine the way the country powers its Future.

Interested in learning more? The full investment profile is available upon request.

Matej Sešel, owner

Eastern Energy Solution, Slovenia, Europe