image credit: Unsplash

US to fund Moldova BESS and grid upgrades to increase energy independence

June 3, 2024


The US will provide US$85 million in foreign aid to the Republic of Moldova for battery energy storage system (BESS) projects, as well as high voltage transmission line upgrades, secretary of state Anthony Blinken said last week (29 May).

The result of the projects would be a strengthening of the country’s energy resilience and a stronger grid, Blinken said in a press event from the capital Chisinau.

The announcement press conference did not reveal the size of the BESS project, but Blinken’s statement indicated the BESS should be a substantial, if not majority portion of the funding. Blinken said the funding would “enhance things like battery storage, as well as the high voltage transmission lines that we’ve already dedicated some funds to.”

Read More on Energy Storage News