
USTDA Supports Energy Storage In Latin America
Wednesday, July 6, 2016
(USTDA)
WASHINGTON, D.C. – Today, the U.S. Trade and
Development Agency awarded a grant to
Interconexión Eléctrica S.A. (ISA), an
electricity transmission company in Latin
America, to identify opportunities for
large-scale battery storage in Brazil, Colombia
and Mexico. ISA has selected Quanta
Technology, LLC (Raleigh, NC) to conduct the
feasibility study, which will develop a plan
for providing large-scale battery storage
across Brazil, Colombia and Mexico.
Energy storage is an emerging technology
designed to reduce stress on power grids,
facilitate the integration of renewable energy
and provide ancillary services to the electric
power system by storing energy during times of
low demand and deploying it during times of
high consumption. This project will provide ISA
with technical, environmental, regulatory and
economic analyses and recommendations for
adding large-scale battery systems into its
portfolio for the selected countries.
“This is the first energy storage grant that
USTDA is supporting in Latin America and we are
excited to work with ISA and Quanta Technology
on this important project,” said USTDA Regional
Director Nathan Younge. “This grant complements
the ongoing efforts of Brazil, Colombia and
Mexico to further develop their renewable
energy capabilities.”
Ralph Masiello of Quanta Technology added,
“Quanta Technology is extremely proud to have
been selected by ISA to perform this project as
it regards an innovative new technology being
explored in Latin America. As one of the
leading technical consultants in energy
storage, we have conducted many similar
successful projects and look forward to
collaborating with ISA in this work.”
“Energy storage is one of the crucial
technologies shaping the transformation of the
grid,” emphasized ISA’s CEO Bernardo Vargas.
“ISA is committed to lead that transformation
in Latin America and, by innovating in our
portfolio of services, support the development
and energy security of the communities we
serve. It is an honor for us to partner with
the U.S. Government and to have the assistance
of world-class consultant, Quanta Technology,
to carry out this important project for the
future of our company.”