Minister of Energy Dorin Junghietu and State Secretary Carolina Novac attended the launch today of the largest photovoltaic park built so far in the Republic of Moldova. The park has an installed capacity of 50 MW and covers 96 hectares, located in the village of Rădeni, Strășeni district.

Out of the park's total capacity, 24 MW will sell the generated energy at a fixed price for a period of 15 years, awarded through a recent auction organized by the Ministry of Energy for the title of large eligible producer. Another 26 MW from the Rădeni power plant will generate electricity for sale on the free market. The bifacial solar panels installed have an individual capacity of 715 W and an efficiency factor of 23%, being the first of their kind to be put into operation in Moldova.

The minister praised the speed with which the photovoltaic park was built—in just 8 months—substantially contributing to the expansion of the country’s renewable energy capacities.

"This is a record time for such a park, and I congratulate the developer for their professionalism. Private investors play a crucial role in the development of the energy sector, contributing both to the country’s energy security and to achieving our goal of having 27% renewable energy in total consumption," said Energy Minister Dorin Junghietu.

It is worth noting that, over the past five years, solar and wind generation capacities have increased eightfold, reaching 689 MW as of May this year. Recently, the first auction for the installation of large-scale wind and solar parks was concluded, with a total capacity of 165 MW. Another round of auctions is expected in the fall, aimed at constructing wind power plants with an estimated capacity of up to 173 MW, which will include energy storage solutions for the first time, with a capacity of at least 22 MW.

The Republic of Moldova has set a target of achieving 30% renewable electricity and 27% renewable energy in total final energy consumption by 2030. In 2024, the share of renewable electricity reached 16.7%, and it is estimated that this will increase to 27% by the end of the year.