The Cabinet of Ministers has approved the initiation of negotiations and the signing of an agreement between the Government of the Republic of Moldova and the Government of the People’s Republic of China concerning the feasibility study for the project ‘Socio-economic development of the districts of the Republic of Moldova through the use of renewable energy sources and energy storage systems’.
The study will enable an assessment of the technical and economic conditions for implementing the project, the identification of optimal solutions and the establishment of the necessary parameters for future investments.
The agreement will be concluded through an exchange of letters between the two governments. At this stage, the feasibility study is to be carried out, which will determine the possibilities and conditions for implementing the project.
The estimated value of the investment is approximately 10.86 million euros. The project is to be financed in full through non-repayable financial assistance provided by the Government of the People’s Republic of China.
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