News

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 and the International Renewable Energy Agency (IRENA) will cooperate to support the growth of the green energy sector and attract new investments to it

Moldova and the International Renewable Energy Agency (IRENA) will cooperate to support the growth of the green energy sector and attract new investments to it

This was reported by the press service of the government, noting that the development of the renewable energy sector in Moldova through cooperation with IRENA was discussed at a meeting between Prime Minister Dorin Recean and the Director General of the International Renewable Energy Agency Francesco La Camera. Dorin Recean noted that over the past 4 years, the government has taken concrete steps to improve Moldova's energy security, and currently two goals have been set in this area: increasing the share of renewable energy in national consumption and energy exports. The head of the Cabinet noted that the capacity for producing renewable energy in Moldova has increased by 8 times, reaching almost 650 MW. "And soon we will add another 165 MW thanks to the recently concluded auction. This means that now, on days with favorable weather conditions, up to 30% of the energy consumed in Moldova comes from renewable sources. "For comparison, in 2020, "green" energy accounted for only 3% of consumption," the Prime Minister said. At the same time, Dorin Recean noted that Moldova needs more transparency to attract investment in the renewable energy sector. "We need more competitiveness and involvement of more external participants in the procurements that have been launched. This fall, we will launch a tender for the construction of wind power plants with energy storage systems. This will allow us to make the network more stable and efficient," the head of government said. For his part, the Director General of IRENA said that the use of renewable energy sources and ensuring the interconnectivity of energy systems play an increasingly important role in ensuring energy security, especially in states affected by the geopolitical context. The parties also emphasized the need to increase energy storage capacities, and the International Renewable Energy Agency demonstrated its openness to supporting large projects of this kind.// 15.04.2025 – InfoMarket.

News on the subject