Arlington, VA – The U.S. Trade and Development Agency awarded a grant to India’s Shivman Wind Energy Private Limited (Shivman) for a feasibility study to develop a state-of-the-art 300 MW renewable power facility in Gujarat, India. Shivman selected Illinois-based Evergreen Power Solutions to perform the study.
“Gujarat is one of India’s most promising states for wind and solar power generation. USTDA’s study will help Shivman tap into this significant potential by planning a new wind and solar power plant that will store energy using battery technology,” said Enoh T. Ebong, USTDA’s Acting Director. “Our support for this project puts into action a broader U.S. government policy to work with our overseas partners to set the world on a sustainable climate pathway. Moreover, this project has the potential to support significant exports of U.S.-based clean energy solutions.”
USTDA’s feasibility study will provide Shivman with critical wind and solar resource assessments and conceptual designs for energy storage, ensuring that the project will be a source of reliable clean energy. The project’s hybrid design will mitigate renewable energy variability to help stabilize Gujarat’s regional electricity grid, increase overall efficiency and lower the cost of electricity.
“This project is an opportunity for U.S. and Indian companies to work together to achieve their clean energy goals and create jobs in both our countries,” said Consul General David J. Ranz from the U.S. Consulate General in Mumbai. “Gujarat is amongst the leading states in India on renewable energy and I look forward to visiting this installation in Jamnagar,” he added.
Amit Kambariya, Managing Director of Shivman, said: “Shivman is pleased to have reached this milestone and received the confidence, trust and support of USTDA to further the rural electrification goals in India. We are a regional company under the Opera Energy group with a vision of becoming an international player. We hope to work with USTDA and U.S. companies such as Evergreen Power to grow the energy sector in India.”
USTDA’s grant advances the goals of the U.S. – India Strategic Energy Partnership’s Renewable Energy Pillar and the Administration’s initiatives to expand clean energy resources and energy access, in addition to reducing carbon, in the Indo-Pacific region.
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 preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.
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