Moldova has received 42 bids for its latest auction to develop large-scale PV and wind projects, far surpassing the available capacity. The auction seeks to allocate 165 MW, with 105 MW for wind and 60 MW for solar.
Renewable energy developers in Moldova must now provide financial guarantees when applying for grid connection permits. The guarantees are refundable if projects become operational within agreed time frames.
The procurement aims to improve the reliability of Moldova’s grid, facilitate energy trade with neighboring Romania and Ukraine, and support the integration of locally produced renewable energy.
Moldova expanded its solar capacity to 344 MW by September 2024, up from 185 MW in 2023, according to the National Center for Sustainable Energy (CNED).
Moldova aims to procure 60 MW of solar in its first renewables auction. Successful investors will secure fixed price guarantees for power generated over periods of 15 years. The deadline for applications is March 31, 2025.
Moldova’s Energy Minister, Victor Parlicov, says the new regulation will facilitate the authorization of renewable energy capacities, in particular those on the free market and without a support scheme, while also providing predictability for investors.
The Moldovan government is preparing to launch the country’s first renewables auctions, which will seek to procure 105 MW of wind and 60 MW of solar projects. The tenders will take place between April and July.
The Moldovan authorities plan to select projects in a new 230MW renewables auction on a “first come, first served” basis. Installations will be assigned a 15-year fixed tariff. State-owned energy distributor Energocom will be the sole buyer of the clean electricity from the planned projects.
The first months of the year pointed to a boom in Moldova’s solar sector, but the war has already started to negatively affect investment decisions.
The loan will be supplied by the EBRD and includes €1.25 million of concessional lending provided by the global Green Climate Fund.
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