Moldova mandates returnable financial guarantee for future connection permits

Renewable energy developers in Moldova must now provide financial guarantees when applying for grid connection permits. The guarantees are refundable if projects become operational within agreed time frames. The Moldovan government has approved legislative changes to its electricity law to unblock the renewable energy market. The amendment, approved by the country's cabinet of ministers last week, will require developers of renewable energy plants greater than 200 kW in size to submit financial guarantees when requesting permits to connect to the electricity grid. If projects are operational ...

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