|FOR IMMEDIATE RELEASE
April 16, 2013
Steve Lewis | (703) 875-4357
USTDA GRANT SUPPORTS DIVERSIFYING ENERGY MIX IN CHILE
|Supporting Wind Energy Development on ChiloÚ|
SANTIAGO, CHILE – USTDA awarded a grant today to Empresa Eólica Tablaruca S.A. (Tablaruca Wind Company or "Tablaruca") in support of its efforts to develop a wind farm of approximately 99 megawatts (MW) on the Chilean island of Chiloé. As Chile seeks to expand its domestic sources of energy, this project will play an important role in diversifying the country's renewable energy mix. The USTDA grant is supporting a feasibility study that will help Tablaruca determine the technical, economic, financial and environmental viability of a wind farm on Chiloé.
Jacob Flewelling, USTDA Country Manager for Chile and Mauricio Zeman, General Manager of Tablaruca, signed the $610,000 grant. Nicole Y. Lamb-Hale, Assistant Secretary for Manufacturing and Services of the U.S. Department of Commerce, and Maria Ignacia Benitez, the Minister of Environment of Chile, witnessed the signing.
"USTDA is pleased to partner with Tablaruca on the development of clean energy resources in Chile, which has tremendous wind energy potential." said Nathan Younge, USTDA Regional Director for Latin America and the Caribbean. "When implemented, this project will provide substantial opportunities for U.S. firms active in the wind energy market."
The grant awarded today reflects USTDA's strategy of mobilizing U.S. private sector expertise to meet priority development objectives in emerging markets like Chile.
The opportunity to conduct the USTDA-funded feasibility study will be competed on the Federal Business Opportunities (FBO) website. A link to the FBO announcement will be posted to USTDA's website at www.ustda.gov. Interested U.S. firms should submit proposals according to the instructions in the FBO announcement.
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The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project planning activities, pilot projects, and reverse trade missions while creating sustainable infrastructure and economic growth in partner countries.
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