US providing $85 mln to Moldova for energy storage
- Admin
- May 31, 2024
- 1 min read
The US is supporting Moldova with an $85 million investment in a large-scale battery energy storage system to improve the country's energy resilience. The investment is a part of a broader support package by USAID to tackle energy issues resulting from Russia's war on Ukraine. The investment will strengthen Moldova's national energy grid and facilitate electricity trade with Romania, Ukraine, and the European market.
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