green energy

Electrica, a Romanian state-controlled joint-stock company specializing in energy distribution and supply, announced on the Bucharest Stock Exchange (BVB) on December 19 that it had acquired Chisinau-registered Moldovan firm Electrica Furnizare Grup SRL from its subsidiary.

Decarbonization of energy systems relies heavily on wind and solar power. Fortunately, the cost of solar energy is falling rapidly, and combined with the inexpensive batteries that are now available, solar power has become a competitive and reliable source of energy in sunny areas. But while wind power provides more energy than solar, its use has been slower to expand, in part because of opposition from politicians and local communities.

Two rural communes and two high-rise apartment buildings in the capital will be the first communities in Moldova to use renewable energy sources, Logos Press reported.

The Department of Energy received 42 bids for the auction of large-scale solar and wind farm development, far exceeding the capacity planned for allocation.