diff --git a/external/CMakeLists.txt b/external/CMakeLists.txt
index 63d515b57..4a6bad73e 100644
--- a/external/CMakeLists.txt
+++ b/external/CMakeLists.txt
@@ -602,6 +602,7 @@ if (WIN32 OR APPLE)
         set(SOAPYSDR_INCLUDE_DIR "${source_dir}/include" CACHE INTERNAL "")
         if (WIN32)
             install(FILES "${SDRANGEL_BINARY_BIN_DIR}/SoapySDR${CMAKE_SHARED_LIBRARY_SUFFIX}" DESTINATION "${INSTALL_LIB_DIR}")
+            install(DIRECTORY "${SDRANGEL_BINARY_LIB_DIR}/SoapySDR" DESTINATION "${INSTALL_LIB_DIR}/lib")
         elseif (APPLE)
             set(SOAPYSDR_LIBRARY "${binary_dir}/lib/libSoapySDR${CMAKE_SHARED_LIBRARY_SUFFIX}" CACHE INTERNAL "")
             install(DIRECTORY "${binary_dir}/lib/" DESTINATION "${INSTALL_LIB_DIR}"
diff --git a/sdrbase/plugin/pluginmanager.cpp b/sdrbase/plugin/pluginmanager.cpp
index 53926913b..5302dcefb 100644
--- a/sdrbase/plugin/pluginmanager.cpp
+++ b/sdrbase/plugin/pluginmanager.cpp
@@ -76,6 +76,10 @@ void PluginManager::loadPluginsPart(const QString& pluginsSubDir)
     PluginsPath << applicationDirPath + "/../Resources/lib/" + pluginsSubDir;
 #elif defined(_WIN32) || defined(WIN32)
     PluginsPath << applicationDirPath + "/" + pluginsSubDir;
+    // Give SoapySDR hint about modules location.
+    // By default it searches in `$applicationDir/../lib/SoapySDR/`, which on Windows
+    // is incorrect as both `bin` and `lib` dir are set to root application dir.
+    qputenv("SOAPY_SDR_ROOT", applicationDirPath.toLocal8Bit());
 #endif
 
     // NOTE: exit on the first folder found