News about Electricity
Spain had been developing renewable electricity so aggressively that it eventually found itself with a surplus.
Gas prices on European exchanges are rising again. On Monday, the price of July futures on the TTF hub rose by more than 3%. Prices recovered from their recent drop below $490 and are once again heading toward the psychological threshold of $500 per thousand cubic meters.
A flat VAT rate of 20% on natural gas, electricity, and heating will lead to the impoverishment of citizens and the weakening of the national economy.
The 400-kV Bălți–Suceava power line, dubbed the “Line of Sustainability,” will be built by the Turkish company SA-RA, which won an international tender; the contract between SA-RA and the state-owned company Moldelectrica was signed last Friday.
At the meeting of the secretaries-general on June 22, a draft resolution of the Moldovan government was reviewed and approved, exempting the state-owned enterprise Moldelectrica from paying to the budget income tax on revenue received in 2025 in the amount of 26,997,786,25 lei.
Today, June 26, a contract will be signed at the Government House for the design and construction of the Moldovan section of the 400-kV Bălți–Suceava overhead power line, the second of three lines connecting the country to the European ENTSO-E grid.
The Foreign Policy Committee of the Moldovan Parliament approved an advisory opinion on opening negotiations with the International Bank for Reconstruction and Development (IBRD) regarding a grant of approximately $1.7 million.
The Ministry of Energy of the Republic of Moldova has published a Memorandum of Understanding with the U.S. companies SBCC and Wheeler Machinery Co. to develop a project for a gas-fired power plant with a capacity of at least 100 MW. The purpose of publishing the document has not been specified.
The Ministry of Energy held a final meeting to discuss the results of a study on the expansion and optimization of Chisinau’s centralized district heating system, conducted by Veolia Engineering.
The renewable energy power plants operated by the Lumina Noastră consortium—one of the winners of the first renewable energy auction—were inspected by an interagency commission composed of representatives from the Ministry of Energy, the National Energy Regulatory Agency (ANRE), and the state-owned enterprise Moldelectrica.
The Government Program “Residential Energy Efficiency Fund of Moldova” (FEERM), managed by CNED, is delivering tangible results across all three financing products: the renovation of apartment buildings, support for energy-vulnerable rural households, and the renovation of individual households under the Casa Verde product.
Japanese automaker Nissan has suspended development of an all-electric version of the Qashqai crossover—the company’s best-selling model in Europe. The decision was made as part of a cost-cutting program and strategy review amid growing competition and volatile demand for electric vehicles.
Moldova has made significant progress in the European integration of its energy sector, both in implementing legislative reforms and in developing strategic infrastructure.
The Ministry of Energy held a meeting today in Chisinau to discuss the development of mechanisms to support investment in battery energy storage systems (BESS).
The Ministry of Energy’s tender commission for granting the status of a major producer has opened the technical proposals submitted as part of the second tender for the construction of wind power plants with a total capacity of 170 MW and battery-based energy storage systems with a minimum capacity of 44 MWh.
Prime Minister of the Republic of Moldova Alexandru Munteanu met today, June 18, with representatives of the World Bank to discuss priority projects aimed at strengthening the Republic of Moldova’s energy security, according to a statement from the government’s press office.
With the support of the United States of America, the Republic of Moldova has taken a new step in the development of the Liberty Line strategic project—the third high-voltage power transmission line connecting the country with Romania.
The Chinese company Trina Solar has unveiled an industrial tandem solar module based on perovskite and silicon. According to the manufacturer, the panel achieved an energy conversion efficiency of 29.2% with an output power of 907 W. The company states that this is a new world record for modules of this type, and the test results have been verified by the German certification organization TÜV SÜD.
Global investment in the energy sector is expected to increase by 5% by the end of 2026 compared to last year, reaching $3.4 trillion.
The British company Rolls-Royce SMR has been selected as the preferred supplier for a project to build three small modular reactors (SMRs) in Sweden. The project could be one of the biggest steps toward reviving the country’s nuclear energy sector in recent decades.
