Premier Energy completes 10 MW photovoltaic power plant in the Republic of Moldova

Premier Energy announces that its Navitas subsidiary in the Republic of Moldova has successfully completed the development and construction of a 10 MW photovoltaic power plant near the town of Cismichioi in Moldova at a total cost of approximately 380,000 euros per MW of capacity.

The plant became fully operational at the end of December, bringing the company’s total electricity generation from photovoltaic sources in Moldova at the end of 2024 to 28 MW.

During 2024, Premier Energy successfully developed and constructed 24 MW of photovoltaic power generation in the Republic of Moldova as the company continues to help the Moldovan market increase its own internal electricity generation sources.

Premier Energy Group is a vertically integrated energy and power infrastructure company in the SEE region, with over 1000 MW of renewable electricity generation under ownership, management, or in development in Romania and Moldova. The company is the third-largest natural gas infrastructure distributor and supplier in Romania and the largest electricity infrastructure distributor and supplier in the Republic of Moldova.