Government to offer grants to groups of small and medium-sized enterprises jointly developing green energy solutions
The government will support small and medium-sized enterprises (SMEs) in developing renewable energy solutions, reducing their energy bills, and thus becoming more competitive through cooperation within renewable energy communities.
The Cabinet of Ministers today approved the grant agreement for the implementation of the project REC4SMEs - Supporting SMEs through Renewable Energy Communities for Sustainable Future, financially supported by the European Union and implemented by the Organization for Entrepreneurship Development (ODA).
Through the agreement, the Republic of Moldova, along with Slovenia, Italy and Romania will participate in a project funded by the Executive Agency for the European Innovation Council and Small and Medium-sized Enterprises.
Under the project, 12 renewable energy communities will be created and operationalized in the four partner countries, involving at least 24 SMEs from the agri-food and trade sectors. These communities will receive funding of up to 20,000 euros each for the development of joint green energy production and utilization solutions, benefiting from technical, legal, and financial support. The total project budget is approximately 938,000 euros, of which the budget allocated to ODA is around 246,000 euros.
It is estimated that the participating SMEs will be able to reduce energy costs by about 20%, which will directly contribute to enhancing their economic resilience and will promote the benefits of renewable energy communities, supporting the transition to green energy.
The project will be implemented from 1 January 2026.
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