Rapidly raising energy prices, combined with low levels of energy performance, have generated major economic and market potential for renewable energy and industrial energy efficiency products and services.
Manuel Mattiat, UNIDO Renewable Energy Expert, said “It’s a highly competitive location with the necessary infrastructure in place. The workers, the know-how, the skills are there”.
“We have seen how local companies easily assimilate new technology and products,” added Nicolae Soloviov, Project Finance Consultant for the Energy Efficiency Agency of the Republic of Moldova.
As JSC Raut continues to produce and sell its solar panels, it will give other companies access to cheap water heating, allowing them to save costs and cut down on energy consumption. Like Maria Sofroni, many other people in the region will benefit from the technology.
Vienna Energy Forum 2018
Find out more about UNIDO's approach to Renewable Energy