President Obama Announces USTDA's Involvement in Clean Energy Finance Facility for Central America & The Caribbean
April 13, 2015
(USTDA)
ARLINGTON, VA – Last week, President Obama announced
the launch of the Clean Energy Finance Facility
for the Caribbean and Central America
(CEFF-CCA). Drawing upon the expertise of the
U.S. Trade and Development Agency and the
Overseas Private Investment Corporation, and in
coordination with the U.S. Agency for
International Development and Department of
State, the $20 million facility will catalyze
public and private sector investment to support
clean energy projects in the region.
“USTDA is proud to work with its interagency
partners in this effort that will provide
early-stage funding to drive investment in
clean energy development,” said Regional
Director for Latin America and the Caribbean,
Nathan Younge. “The Agency’s activities under
CEFF-CCA will build upon our strong portfolio
of projects in the region, including a grant
agreement we signed last week for smart grid
development to support Panama’s efforts to
modernize its electricity distribution
network.”
USTDA provided a grant to Panamanian electric
utility Elektra Noreste, S.A. (ENSA) to support
the deployment of a smart grid pilot project.
The pilot project will improve the reliability
and efficiency of ENSA’s network, which
distributes electricity to more than 360,000
customers in Panama. ENSA has selected
Innovari, Inc. (Austin, Texas) to pilot a
demand side management system to better manage
peak demand and more efficiently utilize its
generation, transmission and distribution
resources.
This pilot project, which will help Panama meet
its clean energy goals, represents the Agency’s
renewed focus on its partnership with Panama.
Welcome to the Exporting Source
Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.
The Export Practitioner
Providing readers with expert reports on changes to U.S. export licensing rules, enforcement policies and regulations for defense and dual-use products and technology.
Washington Tariff & Trade Letter
Providing exclusive, behind-the-scenes news and analysis every week of U.S. trade policies, regulations and legislation, export controls, trade sanctions, and enforcement of antidumping and countervailing duty laws.
Mastering Deemed Exports
An invaluable video training tool that helps exporters, universities and research laboratories alert all employees to the potential fines and legal sanctions that can come from violating EAR and ITAR restrictions on giving certain foreign nationals access to controlled U.S. technology.