
The American Tetra Tech has received additional $42 million from USAID for a project to enhance Moldova's energy security.
Specifically, Tetra Tech, Inc, a leading provider of high-quality consulting and engineering services, announced that the U.S. Agency for International Development (USAID) is awarding the company an additional $42 million as part of a 4-year contract to strengthen energy security in Moldova. This increase in funding is in addition to the company's original $17 million contract awarded in March 2022. As noted, Tetra Tech's energy experts will help integrate Moldova's energy system and electricity market into the European system to boost the regional electricity market as part of USAID's energy security efforts in Moldova. The company's experts will help Moldova achieve its energy security goals by supporting the competitive purchase of cleaner energy and promoting energy security. Tetra Tech will help develop Moldova's first integrated National Energy and Climate Plan and Low Emission Development Strategy to accelerate domestic renewable energy production and climate resilience. Tetra Tech will also work with utilities and policymakers to attract investment in domestic electricity generation and encourage energy efficiency. "Tetra Tech has supported USAID and local government partners to strengthen energy security in Europe and Eurasia for decades. We look forward to using our Leading with Science® approach to advance a secure, sustainable energy sector that helps Moldovans power their lives more efficiently and affordably," said Tetra Tech Chairman and CEO Dan Batrack. // 30.01.2023 – InfoMarket