Moldova has attracted €190m in projected investments through its first large-scale green energy tender.
The auction awarded contracts for 165MW of capacity, comprising 60MW of wind and 105MW of solar.
Winning projects will receive fixed 15-year tariffs.
Five wind projects were selected, to be delivered by three companies-two with foreign capital-while six solar bids filled the photovoltaic capacity band.
Energy minister Dorin Junghietu said: “Over 40 projects submitted for our first public tender is a clear sign that Moldova is becoming an attractive market for renewable energy.”
He added that the level of interest reflected investor confidence in the state’s commitment to “transparency, predictability, and fair competition”.
The Republic of Moldova’s installed renewable capacity reached nearly 580MW in 2024, covering solar, wind, hydro, and biogas.
Clean energy accounted for over 16% of national electricity consumption last year, rising to 36% in April 2025.
Moldova aims to source 30% of total energy consumption from renewables by 2030, according to its Integrated National Energy and Climate Plan.
The government has implemented land-use reforms, tax breaks, and new support schemes including net billing for prosumers, fixed tariffs for mid-scale projects, and auction-based rates for large installations.
Natalia Bejan, director of Invest Moldova Agency, said: “This tender marks a milestone… a free and competitive market where both local and foreign-capital companies competed openly.”
She added it was “a clear sign that Moldova’s investment environment is maturing and becoming increasingly attractive for strategic projects”.