Moldova plans to create 12 renewable energy communities for small and medium-sized businesses with €938,000 in EU funding
This is part of a government-approved decision signing a grant agreement between the Organization for Enterprise Development (ODA) and the Council's executive agency for innovation and Small and Medium-sized Enterprises (SMEs). This decision will officially launch the "REC4SMEs – Supporting SMEs through renewable energy communities" project, a strategic initiative aimed at accelerating the energy transition of small and medium-sized enterprises (SMEs) in Moldova. The project is planned to be implemented in partnership with institutions and organizations from Moldova, Slovenia, Italy, and Romania, and its main goal is to develop sustainable partnerships between renewable energy producers and energy-consuming companies. These collaborations will form the basis for the creation of 12 renewable energy communities, where SMEs will be able to produce, distribute, and use clean energy. This initiative will provide businesses with the necessary tools to adapt to market changes, reduce energy costs, and improve competitiveness, particularly in the agri-food and commercial sectors. The project will provide businesses with technical, legal, and financial assistance, with each community eligible for vouchers of up to €20,000 to develop energy solutions—€246,000 (26% of the total project budget) will be allocated for this purpose. One of the project's key goals is to reduce energy costs for participating businesses by at least 20%. At the same time, the initiative will facilitate the integration of SMEs into the European market by supporting the adoption of sustainable technologies and aligning their operations with EU standards.//26.11.2025 – InfoMarket.
