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Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

Moldova announces tender for battery energy storage system (BESS) procurement with US Grant

Moldova announces tender for battery energy storage system (BESS) procurement with US Grant

The Ministry of Energy of Moldova announced this, noting that Moldova is taking another important step to strengthen its energy security by launching the procurement of a modern battery energy storage system (BESS). The tender for the purchase of a 75 MW energy storage system and 22 MW combustion engines was launched by the United States Agency for International Development (USAID) within the Moldova Energy Security Project (MESA), implemented in partnership with the Ministry of Energy. This is the first stage of the tender for the procurement and installation of a 30 MW battery component. Potential bidders were informed during an information conference on January 16. The contract is expected to be signed in the coming weeks, with completion scheduled for late September 2026. The storage systems will be installed at CET Nord in Balti, making a significant contribution to grid stability and the integration of renewable energy sources. The procurement aims to improve the reliability of the Moldovan electricity grid, facilitate electricity trade with Romania, Ukraine and the European market, and support the integration of locally produced renewable energy. The energy storage system will also help optimize energy management and help the grid operator, Moldelectrica, maintain grid flexibility and stability in the face of fluctuating electricity demand. The project is being implemented thanks to an $85 million grant from the U.S. government through USAID. The announcement of this funding was made during the visit of U.S. Secretary of State Antony Blinken to Chisinau in May 2024 and is part of more than $300 million in U.S. assistance dedicated to strengthening Moldova’s energy security under the Moldova Conectat initiative, which is designed to help accelerate Moldova’s physical and market integration with Europe, increase domestic renewable energy production, and strengthen Moldova’s energy independence.// 16.01.2025 — InfoMarket.

News on the subject

The National Agency for Energy Regulation (NAER) approved the operating procedures of the OPEM electricity exchange, and the next step will be their approval by the OPEM market operator
The National Agency for Energy Regulation (NAER) approved the operating procedures of the OPEM electricity exchange, and the next step will be their approval by the OPEM market operator
Gas for Transnistria may be purchased on the European spot market with the assistance of an intermediary company, the expenses are supposed to be covered from the Russian budget - “Kommersant”
Gas for Transnistria may be purchased on the European spot market with the assistance of an intermediary company, the expenses are supposed to be covered from the Russian budget - “Kommersant”
The Moldovan government is looking for lawyers who will help the country sue Gazprom - Dorin Recean
The Moldovan government is looking for lawyers who will help the country sue Gazprom - Dorin Recean
The level of implementation of smart electricity meters in Moldova is still low, but the authorities will make progress in this direction in 2025 – Ministry of Energy
The level of implementation of smart electricity meters in Moldova is still low, but the authorities will make progress in this direction in 2025 – Ministry of Energy
Moldova will resort to emergency supplies of more expensive electricity on January 14, but no rolling blackouts - Ministry of Energy and Energocom
Moldova will resort to emergency supplies of more expensive electricity on January 14, but no rolling blackouts - Ministry of Energy and Energocom
Measures to support entrepreneurs in the context of the energy crisis, as well as state support schemes to stimulate investment will be discussed at a meeting organized by the Chamber of Commerce and Industry with government and business representatives
Measures to support entrepreneurs in the context of the energy crisis, as well as state support schemes to stimulate investment will be discussed at a meeting organized by the Chamber of Commerce and Industry with government and business representatives