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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