ARLINGTON, Virginia –The U.S. Trade and Development Agency is announcing an extension of the deadline for initial proposals from project sponsors in sub-Saharan Africa or U.S. companies working with African project sponsors in the energy sector. Due to a high volume of demand, USTDA is extending the deadline for submissions from October 2, 2018 to October 9, 2018 at 5:00pm EST. For initial proposals already submitted, USTDA will begin evaluations and will be in touch with those who submitted them.
Interested entities that have not already submitted an initial proposal on energy-related projects are invited to do so (not to exceed five pages) by October 9, 2018 at 5:00pm EST. The proposal should include a brief description of the project’s size and status, including project location, economic fundamentals, equipment and technology requirements, legal and regulatory considerations, and the purpose and amount of USTDA funding requested.
The proposal should also outline the sponsor’s experience, potential options for financing the project, risks that the project faces, and estimated potential for U.S. content in the project’s implementation. USTDA projects are assessed for viability, including proven technologies, as well as their social and environmental impact. USTDA funding is available to private and public beneficiaries on a 100 percent grant basis. Interested entities are welcome to use USTDA’s General Funding Request Guidelines.
USTDA is an implementing agency of both the Power Africa and U.S.-Africa Clean Energy Finance programs, which seek to increase access to electrical power and support private sector investments in African clean energy infrastructure. USTDA’s investments under these programs provide critical early-stage support to advance new power generation, transmission and distribution infrastructure.
To get further information and to submit your proposal, please email PowerAfrica@ustda.gov by Tuesday, October 9, 2018 at 5:00pm Eastern Time.