“The First Swallow/Mover” in Bălți: Residents of the City’s Tallest 16-Storey Residential Building Will Be Able to Save Up to 30% on Bills
Automatically translated summary. The full article is available in Romanian.
Independent Think Tank “Expert-Grup”, backed by SlovakAid, the Netherlands, the Energy Community Secretariat, the Ministry of Energy and the National Centre for Sustainable Energy, has launched the thermal insulation and façade renovation of a 16-storey apartment block at 3/A Ștefan cel Mare și Sfânt Street in Bălți.
The investment totals MDL 10 million, with residents contributing 20% and donors 80%. The building’s energy efficiency is expected to rise by about 35% this winter, bringing better thermal comfort, lower heating bills and a higher standard of living. Market prices of the apartments are also expected to increase significantly.
In parallel, the first bank lending instrument for a homeowners’ association is being piloted to co-finance the 20% share. This pilot, “The First Swallow/Mover”, prepares the Energy Efficiency Fund in the Residential Sector, managed by the National Centre for Sustainable Energy. From 2025 the fund is to finance energy efficiency investments nationwide, drawing on lessons from this project. The video report was produced by Nord-News with support from the Soros Foundation Moldova.
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