Large-scale Allocation of 190 Million Euros in Moldova's Initial Green Energy Auction
In a significant stride towards a sustainable future, the Republic of Moldova has witnessed a remarkable increase in renewable energy production. According to data from 2024, the nation's renewable energy generation doubled compared to the previous year, marking a milestone in its green energy journey.
This surge was followed by the conclusion of the country's first major green energy tender in March 2025. Natalia Bejan, Director of Invest Moldova Agency, hailed the event as a milestone, creating a free and competitive market in the green energy sector. The tender attracted strong investor interest, demonstrating trust in Moldova's commitment to transparency, predictability, and fair competition.
The tender resulted in total estimated investments exceeding 190 million euros, with the investments expected to be implemented over the next three years. The second round of tenders, scheduled for autumn 2025, aims to expand not only generation capacity but also storage systems, with a proposed 173 MW of wind capacity and approximately 22 MW of battery energy storage systems (BESS) in the pipeline.
The primary objective of the upcoming tender is to ensure grid stability. The Ministry of Energy has announced active preparations for this round, with the search results from the initial tender not yet providing specific information on which companies have proposed wind energy projects for the second round.
The inaugural round of tenders, which targeted onshore wind power plants with a capacity of 105 MW and photovoltaic plants with 60 MW, saw five new projects selected to be implemented by three companies, two of which have foreign capital. The process attracted a total of 42 bids with a proposed capacity exceeding 444 MW.
The tender successfully attracted both local and foreign-capital companies to compete openly. In April 2025, Moldova reached a record: 36% of the country's electricity consumption came from renewable sources. This achievement underscores the impact of the green energy projects, which will be felt in the national energy mix as early as the coming months.
To further incentivise investment, the state will provide the winners with a fixed electricity price guarantee for a period of 15 years. Winning prices fell within the limits set by the National Energy Regulatory Agency: 1.5 MDL/kWh for wind energy and 1.67 MDL/kWh for solar.
As Moldova progresses towards its national target of 30% of total energy consumption from renewables by 2030, the investment environment in the country is maturing and becoming increasingly attractive for strategic projects. The Ministry of Energy is actively preparing for the second round of tenders, signalling a continued commitment to a greener and more sustainable future for the Republic of Moldova.
