Moldova mandates returnable financial guarantee for future connection permits
The Moldovan government has approved legislative changes to its electricity law to unblock the renewable energy market.
The amendment, approved by the country’s cabinet of ministers last week, will require developers of renewable energy plants greater than 200 kW in size to submit financial guarantees when requesting permits to connect to the electricity grid. If projects are operational within agreed time frames, the guarantees will be returned to the developers.
If the plants fail to become operational within the agreed time frames, the developers will face fees of 50% to 70% of the financial guarantees.
The National Energy Regulatory Agencies will set the values of the guarantees. The system operators will use funds from the fees to modernize electricity networks nationwide, the government said on its website.
Moldovan Prime Minister Dorin Recean said the projects will unblock connection permits for renewables.
“For this year, we can release a large capacity, which was blocked, including for speculative purposes by certain actors on the energy market,” Recean said.
He added that a transition period for grants has been set until June 30, 2025, exempting those who renounce permits with speculative intentions from the fine.
Developers holding permits for solar plants up to 1 MW or wind plants up to 4 MW will also be exempt from submitting the financial guarantees.
The latest legislative changes follow a new approval process for power plants above 20 MW, introduced in 2024 to streamline and make the construction and commissioning documentation process more efficient and transparent.
Earlier this month, Moldova also approved new regulations for calculating renewable energy consumption, known as RED II.
The legislation mandates a mechanism to calculate energy consumption from renewable sources and determine its share in gross final energy consumption, effective until the end of 2050. The National Center for Sustainable Energy (CNED) will carry out the calculation.
Moldova’s Ministry of Energy launched the country’s first renewables auction in August 2024, aiming to procure 60 MW of solar and 105 MW of wind. The application deadline is at the end of March 2025.
Figures released by CNED earlier this year showed that Moldova deployed 344 MW of solar in the first nine months of 2024, which is nearly double the total added in 2023.
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.
HomSolar (Shenzhen) Technology Co., Ltd
