USTDA Creates Opportunities for U.S. Businesses in Zambia
June 8, 2017
(USTDA)
Copenhagen, Denmark – During this week’s
Africa Energy Forum, the U.S. Trade and
Development Agency signed a grant aimed at
increasing electricity access in Zambia. USTDA
is partnering with Zambian company Standard
Microgrid Initiatives Limited on a study that
supports the deployment of containerized
minigrid units in rural and peri-urban
districts in Zambia. The project is anticipated
to be the first large-scale deployment of solar
with battery storage mini-grids in the country
that utilizes U.S. technology solutions.
During the ceremony, USTDA also announced
approval of funding for a 130-140 megawatt wind
power project being development by Access Wind
One Zambia Limited, the Zambian subsidiary of
Access Power Limited.
USTDA’s Sub-Saharan Africa Regional Director,
Lida Fitts, signed the grant on behalf of
USTDA, at a ceremony in Copenhagen, Denmark,
along with Standard Microgrid Initiatives
Limited Project Manager, Matthew Wainwright.
The ceremony was held jointly with InfraCo
Africa, an investment company of the
London-based Private Infrastructure Development
Group, an equity investor in the project. Alex
Katon, Executive Director of InfraCo Africa,
also signed agreements with Standard Microgrid
Initiatives Limited during the ceremony.
“USTDA is pleased to help introduce U.S.
technology to Zambia, increasing access to
reliable electricity and supporting the Zambian
government in diversifying its energy
generation mix,” said Fitts. “We are
particularly happy to be here today with
InfraCo Africa, proof that our support can have
direct impact in attracting implementation
financing for such projects.”
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