Moldova’s First Green Tender Draws €190 Mn for 165 MW Wind, Solar Project

Moldova debuted one of the first green energy tenders in 2025, recording €190 Mn in onshore wind power plants with a capacity of 105 MW and photovoltaic plants with 60 MW. So far, the Republic of Moldova’s renewable energy production in 2024 has doubled compared to the previous year. This marks 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 through a tender for awarding the status of “large eligible producer.” The tender was initiated in March 2025 and concluded with promising results, underscoring strong investor interest in the sustainable development of the energy sector.

Tenders Targets To Add 105 MW Onshore Wind Plants & 60 MW Solar Plants 

The inaugural round of tenders was launched by its Ministry of Energy, targeting 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. Whereas, the total estimated investments resulting from the tender exceed €190 million. These investments are expected to be implemented with the complete the construction of their power plants within the deadline of over the next three years.

“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.

The government aims to make about €200 million investments, and create 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 15 years. The government noted that 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. Whereas, the 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 growing interest from local investors. All six winning solar projects were submitted by two Moldovan-owned companies. Of these six projects, three are existing and three are planned to be developed.

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.

Advancing Toward Energy Independence

These projects will help the country achieve its renewable energy targets, contributing positively to the overall national energy mix as early as the coming months. As of April 2025, Moldova sources 36% of the country’s electricity consumption from renewable sources by 2030, according to the Integrated National Energy and Climate Plan.