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Record €190 Million in Moldova’s Debut Green Energy Tender

Record €190 Million in Moldova’s Debut Green Energy Tender

In 2024, renewable energy production in the Republic of Moldova doubled compared to the previous year, marking significant progress in the country’s transition toward a more diversified and resilient energy infrastructure. Against this backdrop, Moldova has launched its first major green energy initiative: a tender for awarding the status of “large eligible producer,” initiated in March 2025. The tender concluded with promising results, underscoring strong investor interest in the sustainable development of the energy sector.


The inaugural round of tenders, launched by the Ministry of Energy, targeted onshore wind power plants with a capacity of 105 MW and photovoltaic plants with 60 MW. The process drew substantial attention from the business community, attracting a total of 42 bids with a proposed capacity exceeding 444 MW—nearly three times more than the available quota.


“We are genuinely encouraged by the extraordinary interest shown by investors—over 40 projects submitted for our first public tender is a clear sign that Moldova is becoming an attractive market for renewable energy. This level of participation demonstrates that the business community trusts our direction and the state's commitment to transparency, predictability, and fair competition. It is a promising beginning and a strong boost for our energy transition,” said Dorin Junghietu, Minister of Energy of the Republic of Moldova.


About €200 Million in Investments and a Stable Framework for Investors


To stimulate investment, the state will provide the winners—selected based on the lowest bid price—with the guarantee of a fixed electricity price for a period of 15 years. The winning prices fell within the limits set by the National Energy Regulatory Agency (ANRE): 1.5 MDL/kWh for wind energy and 1.67 MDL/kWh for solar, contributing to a competitive and predictable investment climate.


Total estimated investments resulting from the tender exceed €190 million and are expected to be implemented over the next three years—the deadline for winning developers to complete construction of their power plants.


Local Strength in Solar, International Expertise in Wind


The tender results highlight a strong mobilization and growing interest from local investors. All six winning solar projects were submitted by two Moldovan-owned companies. Of these six projects, three are existent and three of them are planned to be developed.

Company Name Capacity (MW) Type Location
Consortium LUMINA NOASTRĂ SRL 4.8 Existing Project Sângerei region
KKK Invest SRL 5.7 New Project Telenești region
Consortium LUMINA NOASTRĂ SRL 6.0 Existing Project Sângerei region
Consortium LUMINA NOASTRĂ SRL 12.0 New Project Telenești region
Consortium LUMINA NOASTRĂ SRL 24.0 New Project Strășeni region
Consortium LUMINA NOASTRĂ SRL 7.5 Existing Project Sângerei region
 

Meanwhile, in the wind energy segment, five new projects were selected, to be implemented by three companies—two of which have foreign capital, adding international expertise to the initiative.


“This tender marks a milestone for the Republic of Moldova—successfully creating a free and competitive market in the green energy sector, where both local and foreign-capital companies competed openly. It’s a clear sign that Moldova’s investment environment is maturing and becoming increasingly attractive for strategic projects,” stated Natalia Bejan, Director of Invest Moldova Agency.

 
Company Name Capacity (MW) Type Location
Consortium LUMINA NOASTRĂ SRL 50.0 New Project Cimișlia region
Consortium LUMINA NOASTRĂ SRL 15.0 New Project Ștefan Vodă region
NAVITAS ENERGY SRL 8.0 New Project Ștefan Vodă region
NAVITAS ENERGY SRL 4.5 New Project Criuleni region
WINDNOVA SRL 27.5 New Project Ștefan Vodă region
 

Advancing Toward Energy Independence


The impact of these projects will be felt in the national energy mix as early as the coming months. In April 2025, Moldova reached a record: 36% of the country’s electricity consumption came from renewable sources. This progress brings Moldova even closer to its national target—30% of total energy consumption from renewables by 2030, according to the Integrated National Energy and Climate Plan.


Continuing the Commitment: A New Tender in Autumn 2025


The Ministry of Energy has announced active preparations for the second round of tenders, scheduled for autumn 2025. Carolina Novac, State Secretary at the Ministry of Energy, stated: “With this first tender, we’ve managed to strengthen Moldova’s core renewable energy generation capacity—an essential step toward our energy security. In the next round, we aim even higher: expanding not only generation capacity but also storage systems, to build a balanced, flexible, and future-ready energy system.”


The upcoming tender will include a proposed 173 MW of wind capacity and approximately 22 MW of battery energy storage systems (BESS), with the primary objective of ensuring grid stability.

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