The Ministry of Energy of Moldova has signed a Memorandum of Understanding with the country’s Investment Agency to attract more investment in the energy sector and stimulate innovation.
The Ministry of Energy is committed to supporting the identification of investment opportunities and facilitating investors’ access to relevant information on energy efficiency measures and development opportunities for energy production from renewable energy sources. In addition, it provides technical support to interested investors, monitors market trends and prepares periodic reports upon request from potential investors.
The Investment Agency, in turn, actively contributes to disseminating information on the efficient management of energy resources and facilitates dialogue between investors and the responsible authorities. It also offers guidance and expertise to identify new areas of cooperation and implement joint activities.
The Government of the Republic of Moldova recently adopted the Regulation on Innovative Testing Spaces in the Energy Sector (Sandbox), which is part of the Innovation Delivery Mechanism. The new regulation establishes a legal framework and supports the development and implementation of innovative solutions, encouraging the testing of new business models.
“Together, we will contribute to attracting investors and promoting solutions for testing new technologies and business models that are in line with our objectives related to the green transition and digitalization of the energy sector,” said State Secretary Cristina Pereteatcu.
“Attracting investment and stimulating innovations in the energy sector, whether in renewables, storage, or energy distribution, is one of the strategic areas of the Investment Agency in 2025,” said Natalia Bejan, Director of the Investment Agency.