Moldova Solar Report

Discover comprehensive insights into the statistics, market trends, and growth potential surrounding the solar panel manufacturing industry in Moldova

  1. https://www.sunpope.com/moldova/, s., ” Sunshine hours in Moldova”, Retrieved on 21 September 2024.
  2. https://solargis.com/resources/free-maps-and-gis-data?locality=moldova, s., “Solar Radiation in Moldova”, Retrieved on 21 September 2024.
  3. https://www.globalpetrolprices.com/Moldova/electricity_prices/, g., “Electricity price in Moldova”, Retrieved on 21 September 2024.
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  8. https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2024/Jul/IRENA_Renewable_Energy_Statistics_2024.pdf, I.d., Retrieved on 27 September 2024.
  9. https://www.pv-magazine.com/2024/01/31/moldova-to-launch-first-tenders-for-60-mw-of-fixed-price-solar/, P., “Projected Solar Energy in Moldova”, Retrieved on 25 September 2024.
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  11. https://www.anre.md/garantiile-de-participare-si-de-buna-executie-3-338, a., Cost of electricty in Moldova”, Retrieved on 26 September 2024.
  12. https://radiomoldova.md/p/35666/the-tariff-for-thermal-and-electrical-energy-produced-by-termoelectrica-to-be-reduced, r., “Electricity Tariff”, Retrieved on 29 September 2024.
  13. https://www.iea.org/countries/moldova/electricity, m., “Electricity Generation”, Retrieved on 1 October 2024.
  14. https://www.premierenergydistribution.md/ro/toate-lucrarile-programate, p., “Power Cuts in Moldova”,Retrieved on 1 October 2024.
  15. https://rednord.md/index.php/ro/deconectari-programate, r., “Power cuts in Moldova”, Retrieved on 1 October 2024.
  16. https://cned.gov.md/en/content/installed-capacities, c., “Residential Installations in Moldova”, Retrieved on 29 September 2024.
  17. https://www.sens-energy.com/en/news/moldovas-biggest-solar-park-connected-to-grid/, s., “Number of solar farms in Moldova”, Retrieved on 26 September 2024.
  18. https://www.power-technology.com/data-insights/power-plant-profile-fly-ren-bulboaca-solar-pv-park-moldova, p., “Future solar park in Moldova”, Retrieved on 29 September 2024.
  19. https://worldsalaries.com/average-solar-photovoltaic-installer-salary-in-chisinau/moldova/, w., “Salary of PV installer in Moldova”, Retrieved on 21 September 2024.
  20. https://worldsalaries.com/average-solar-energy-systems-engineer-salary-in-moldova/, w., “Solar Engineer salary in Moldova”, Retrieved on 21 September 2024.
  21. https://www.worldometers.info/world-population/moldova-population/, w., “Population of Moldova”, Retrieved on 21 September 2024.
  22. https://remark.md/en/rent_commercial_properties, r., “Rents in Moldova”, Retrieved on 27 September 2024.
  23. https://www.global-climatescope.org/markets/md/, g., “Electricity Generation”, Retrieved on 28 September 2024.
  24. https://acc.md/tarif-serviciu-apa, a., “Water Tariff in Moldova”, Retrieved on 30 September 2024.
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  27. https://moldgres.com/, m., “Official website”, Retrieved on 1 October 2024.
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  31. https://www.moldelectrica.md/ro/network/annual_report, m., “Transmission and Distribution of electricity”, Retrieved on 28 September 2024.
  32. http://www.clima.md/public/102/en/EnergyPolicyInformationForRegionalAnalysisMoldova.pdf, c., “Thermal Power Plants in Moldova”, Retrieved on 28 September 2024.
  33. https://www.gem.wiki/Category:Oil_%26_Gas_power_stations_in_Moldova, g., “Thermal Power Plants in Moldova”, Retrieved on 28 September 2024.
  34. https://www.anre.md/registrul-producatorilor-eligibili-3-213, a., ” Power generation companies in Moldova”, Retrieved on 27 September 2024.
  35. https://en.wikipedia.org/wiki/Dub%C4%83sari_Dam, w., “Hydroelectricity in Moldova”, Retrieved on 28 September 2024.
  36. https://frankfurt.mfa.gov.md/sites/frankfurt.mfa.gov.md/files/document/Hydro%20Power%20Plant%20Costesti.pdf, f., “Costesti Dam”, Retrieved on 28 September 2024.
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  38. https://iea.blob.core.windows.net/assets/a6dd7ac3-8955-41f9-8971-d7c09ccff6d9/MoldovaEnergyProfile.pdf, i., “Energy Imports”, Retrieved on 1 October 2024.
  39. https://www.sgs.com/en-md/services/pv-module-certification, s., “Certfication for Solar Panels in Moldova”, Retrieved on 1 October 2024.
  40. https://www.undp.org/moldova/news/how-much-renewable-energy-there-moldova-and-how-much-could-it-be, u., “Renewable Energy in Moldova”, Retrieved on 26 September 2024.
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  42. https://megawatt.md/en, m., “Official website”, Retrieved on 1 October 2024.
  43. https://amper.md/, a., “Official website”, Retrieved on 1 October 2024.
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  46. https://eprime.md/, e., “Official website”, Retrieved on 1 October 2024.

Key points

  • All figures have been converted into USD

Yearly sunshine (sun hours per year)

Sunshine Duration: Moldova receives an average of 2219 hours of sunshine annually. This translates to roughly 6.08 hours of sunshine per day on average. 1

Direct Normal Irradiation (DNI): Moldova has an average DNI of 3.3 kWh/m² daily and 1204.5 kWh/m² yearly. 2

Global Horizontal Irradiation (GHI): Moldova receives an average GHI  of 3.6 kWh/m² daily and 1314 kWh/m² yearly. 2

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kWh per kWp installed

The average output potential for Solar panels in Moldova is 3.4 kWh/kWp daily and 1241 kWh/kWp yearly, demonstrating solid efficiency for solar photovoltaic installations. 2

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Average cost per kWh from utility company

The residential electricity price in Moldova was 0.149 USD  per kWh, while for businesses it was 0.120 USD per kWh in December 2023. 3

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Reliability of electrical power supply grid

According to the World Bank, 100% of the population in Moldova has access to electricity.4

The System Average Interruption Duration Index (SAIDI) for Moldova indicates that, on average, each customer in Moldova experiences a total of 1.33 hours of power outages annually. 5 (2019)

The System Average Interruption Frequency Index (SAIFI) indicates that each customer in Moldova experienced approximately 1.5 interruptions in their electricity service per year. 6 (2019)

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Detailed Information

  • All figures have been converted into USD
  • Total solar panel production capacity (installed)

    According to Moldelectrica installed solar capacity in  Moldova is  153.13 MW in 2024. 7

    IRENA estimated that Moldova Solar PV production increased from 5 MW in 2019 to 87 MW in 2023. 8

    Total solar panel production capacity (projected)

    By 2025, the Moldovan government plans to add 60 MW of solar photovoltaic (PV) capacity through a series of tenders. 9

    The Moldovan government has estimated that the country has the potential to install 4.6 GW of Solar Photovoltaics. 10

    Average costs of various electricity generation sources (coal, natural gas, solar, etc)

    The average cost of electricity generated by different sources in Moldova is as follows: 11

    • Solar PV: $0.34 – $0.38 per kWh
    • Wind: $0.32 – $0.38 per kWh
    • Biogas: $0.40 – $0.51 per kWh
    • Hydro: $0.39 per kWh
    • Fossil Fuel: $0.58 per kWh 12

    Percentages of various electricity generation sources (coal, natural gas, solar, etc)

    In Moldova, natural gas leads energy generation at 4,627 GWh (87%), followed by hydro at 289 GWh (5%), oil at 192 GWh (4%), wind at 140 GWh (3%), and Moldova solar PV at 53 GWh (1%), with biofuels at 29 GWh (1%). This breakdown underscores Moldova’s heavy reliance on natural gas, with renewables contributing only a small share of the overall energy mix.13

    Source Generation Capacity (GWh) Percentage
    Natural gas 4627 87%
    Hydro 289 5%
    Oil 192 4%
    Wind 140 3%
    Solar PV 53 1%
    Biofuels 29 1%

     

    Projected Renewable Energy:

    The Moldovan government aims to have at least 30% of the country’s electricity come from renewable energy sources by 2030. 10

    Average daily availability of electricity from the national grid (measured in hours)

    Number of residential solar panel installations

    According to the National Centre for Sustainable Energy of Moldova, there will be 5051 solar residential installations in Moldova in 2024.16

    Total number of solar farms (installed and projected)

    Installed:

    The Ministry of Moldova reports that there are currently 52 solar power plants of various sizes operating across the country.17

    Projected:

    Only 1 solar farm is under construction in Moldova. 18

    Off-grid market demand for solar panels (current and projected)

    On-grid market demand for solar panels (current and projected)

    16

    Average monthly income of workers in solar industry (labor cost)

    • The average monthly salary of a photovoltaic installer in Moldova is 1016 USD. 19
    • The average monthly salary of a photovoltaic Engineer in Moldova is 1525 USD.20

    Population of the country

    The Republic of Moldova is a landlocked country situated in Eastern Europe its population is estimated to be 3,026,283 people as of September 20, 2024, according to Worldometer.21

    Average overhead costs of solar panel production (with a brief breakdown)

    Estimate for Factory Rent: Moldova’s average rent for an industrial area is 6.1 USD /m2/month.22

    Industrial Electricity Rates: 0.09675 USD/kWh. (2022)  23

    Water Costs: For non-household use, the water price is 1.35 USD /m3. 24

    Key Components of Administrative Costs

    Salaries and Wages:

    • The average monthly salary of a photovoltaic installer in Moldova is 1016 USD. 19
    • The average monthly salary of a photovoltaic Engineer in Moldova is 1525 USD. 20

    Rent for Office Space: Moldova’s average office and commercial space rent is 16.3 USD /m2/month.22

    A summary of the energy infrastructure

    Total installed electricity generation capacity:  4900 MW (July 2024)  7

    Total generation (in 2023):  4237.50 GWh 13

    Total consumption (in 2023): 4066 GWh (4% technical losses in production) 13

    Per capita consumption:  1970 kWh (2022) 25

    Generation mix:  7

    The total installed power capacity is 4,900.83 MW, with gas contributing 1,881.4 MW (38.39%), coal 800 MW (16.32%), fuel oil 1,844 MW (37.63%), hydroelectric 64 MW (1.31%), solar 153.13 MW (3.12%), wind 151.2 MW (3.09%), and biogas 7.05 MW (0.14%).

    Power Source Installed Power (MW) Percentage (%)
    Electricity from gas 1881 38.39
    Electricity from oil 1844 37.63
    Electricity from coal 800 16.32
    Photovoltaic (Solar) power plants 153 3.12
    Wind power plants 151 3.09
    Hydroelectric plants 64 1.31
    Biogas 7.05 0.14

    Leading players: 26

    Moldova’s energy market is dominated by the Cuciurgani-Moldavskaya (MGRES) power plant, which supplies 80% of electricity primarily from natural gas.27

    Moldelectrica, the state-owned transmission system operator, manages grid operations.28

    Premier Energy (serving 70% of the country) and RED Nord handle distribution. 29 30

    Transmission & Distribution:31

    Moldova’s overhead power lines span a total of 4,067 km. This includes 668.3 km of 35 kV lines, 2,818.37 km of 110 kV lines, 377.34 km of 330 kV lines, and 203 km of 400 kV lines. The country operates 650 transformers with a combined capacity of 4,641.5 VAT.

    Major power plants:

    • Thermal Power Plants:3233

    Major thermal power plants of Moldova are the following:

    Power Generation Unit Installed capacity (MW) Fuel Year of construction
    Moldovan Thermal Power Plant 2520 Gas, coal, HFO 1964-1982
    CHP-2 Chisinau 240 gas, HFO 1976-1980
    9 CHP of sugar factories 97.5 gas, HFO 1956-1981
    CHP-1 Chisinau 66 gas, HFO 1951-1961
    CHP-North, Balti 28.5 gas, HFO 1956-1970

     Renewable Energy sources

    • Wind energy: 34

    The top 5 wind power projects as per capacity installed operating in Moldova are the following:

    Operator Installed capacity (KW) Location
    Irarom-Group 3900 Dondușeni district, village. Taul
    Importex-Trans 3300 The district of EdineÈ›, the outskirts of the city of EdineÈ›
    Spring 3000 hours Comrat
    WindMD-JT 2640 EdineÈ› r., or. Cupcakes
    SA”Cariera Cobusca” 2600 Anenii Noi village, Sălcia village
    • Hydropower: Currently, two hydropower plants are operational in Moldova.
    • Dubăsari Dam 35
    • Capacity: 48 MW
    • Location: Dniester river near Dubăsari in Transnistria, Moldova.
    • Commence In: 1954
    • Costesti Dam 36
    • Capacity: 16 MW
    • Location: Costesti City Moldova.
    • Commence In: 2000
    • Bio Gas plants:34

    The top 5 Biogas plants by capacity operating in Moldova are as follows:

    Operator Installed capacity (kW) Location
    Sudzucker Moldova S.A. 3600 Str. 27, Hours Drochia, Moldova
    Garma Group LLC 1067 Hîncești district, village. Farladeni
    Rom-Cris 637 Dondușeni, sat. Tîrnova
    Tevas Grup 320 Anenii Noi r., Șănțareni village
    G.Èš. Millers VI 85 Chisinau municipality, Colonita str

    Energy Imports:

    Moldova imported fuel worth 1.072 billion USD in the year 2021 from the world. Main fuel exporters to Moldova were the Russian Federation, Romania, Ukraine, Bulgaria, and Belarus.37

    Moldova produces only 20 % of its electricity from local resources. 80 % of the electricity is either produced from imported fuels or directly imported from countries like Romania.38

    Some of the government regulations surrounding solar panel production

    Moldova requires solar panels to adhere to international certification standards to ensure quality, safety, and environmental responsibility. 39

    1. IEC 61646: Ensures reliability and degradation testing for thin-film PV modules.
    2. IEC 61730-1/2: Specifies construction and safety standards for PV modules, covering electrical and mechanical safety.
    3. ISO 9000: Ensures adherence to quality management systems in manufacturing.
    4. ISO 14001: Certifies environmentally responsible manufacturing processes.

    Government initiatives in solar panel production (includes investments and subsidies)

    Moldova’s Government offers three main incentives for solar energy promotion:40

    1. Net metering (to be replaced by net billing from January 1, 2024) – applicable to small producers for private consumption.
    2. Feed-in tariff for 15 years – available for installations up to 1 MW (solar) or 4 MW (wind).
    3. Fixed price for 15 years – for larger installations above 1 MW (solar) or 4 MW (wind), assigned through auctions, with tenders planned for early 2024.

    Notable solar projects in the country (installed and projected)

    The top 10 solar projects as per installed capacity in Moldova are as follows:34

    PRODUCER Installed capacity (kW) Location
    Kovoare Lux ÎCS 500 Chisinau municipality, 10 Calea Ieșilor str
    G&G Solar 333 Chisinau municipality, 69 Grigore Ureche str
    Vin Select 200 hours Străseni, 2 Orheiului str
    Old Colosseum 145 Chisinau municipality, 42 Tighina str
    TiTiTi and C 100 Chisinau municipality, road You eat 70/2
    Bebei-Prim 100 Ștefan-Vodă district, village Volontir
    Solotrans Agro 95 Chisinau municipality, city Vatra
    Bicomplex-Construct 80 Chisinau municipality, 2/10 Varnița str
    Old Colosseum 60 Molovata Nouă village, Dubăsari district

     

    Projected Solar Projects

    • Fly Ren Bulboaca Solar PV Park 18
    • Capacity: 28 MW
    • Location: Bulboaca, Moldova
    • Commence In: Constructions will start in 2025, operational in 2027
    • Operator: Flyren Energy Group

    Some of the notable solar companies (plus brief details on what they do)

    Kirsan Group 41

    Kirsan Group operates a solar panel factory in Moldova, focusing on the production of various photovoltaic modules. Their production includes heterostructural bifacial PV modules, “solar roof” modules, and façade-integrated modules, with a total capacity of 100 MW across six production line.

    Megawatt 42

    Megawatt specializes in the installation of large-scale solar systems throughout Moldova. They offer comprehensive consultations to assess energy needs and optimal photovoltaic system installations for clients.

    Compass S.R.L. 43

    Compass S.R.L. is involved in selling and installing solar components in Moldova. They provide a range of solar energy solutions tailored to customer specifications.

    Iqony Sens 44

    Iqony Sens is known for developing Moldova’s largest solar park, which has a capacity of 1 MWp. This project is significant for enhancing the country’s energy security and reducing dependency on imported energy.

    Besides electricity generation, Iqony Sens collaborates with the Academy of Science of Moldova for research on alternative energy sources and efficiency in solar energy conversion

    Green Spark 45

    Green Spark is a prominent player in Moldova’s solar energy sector, focusing on innovative and sustainable solutions. The company is involved in the development of solar power plants, including a significant project in Scoreni with an expected capacity of 1,350,000 kW. They utilize half-split solar panels.

    E-Prime 46

    E-Prime specializes in providing turnkey solar solutions in Moldova, including the design and installation of solar power systems for residential and commercial use. They import all necessary equipment directly from manufacturers, ensuring competitive pricing by eliminating intermediaries. The company offers flexible payment options, including interest-free installments.

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