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Moldova to borrow 25 million euros for green energy transition
The Government of Moldova has initiated negotiations for a 25 million euro loan from the French Development Agency to support the country’s green energy transition.
- The loan will be disbursed in a single installment and requires Moldova to undertake 16 specific actions, including legal amendments for vulnerable energy consumers and regulations for renewable electricity guarantees.
- Moldova aims to increase renewable energy share to 30% in electricity consumption and 27% in final energy consumption by 2030, with renewable electricity share expected to rise from 16.7% in 2024 to 27% within the year.