American Tetra Tech received an additional $85 million from USAID to install an innovative battery energy storage system (BESS) in Moldova.
In particular, Tetra Tech, Inc., a leading provider of high-end consulting and engineering services in the areas of water resources, environment and sustainable infrastructure, announced that the United States Agency for International Development (USAID) has awarded the company an additional $85 million to a single contract to strengthen energy security in Moldova. As part of the USAID Moldova Energy Security Activity, Tetra Tech is supporting the Government of Moldova to develop an independent, sustainable and clean energy sector that will help people access energy at an affordable price. With an additional $85 million in USAID funding, energy specialists Tetra Tech will integrate an innovative battery energy storage system into Moldova's electricity system to help strengthen Moldova's national grid and facilitate increased energy trade with Romania, Ukraine and the wider European market. “Our energy experts will use Tetra Tech's Leading with Science approach to improve the flexibility and stability of Moldova's power grid,” said Tetra Tech Chairman and CEO Dan Batrack. According to him, a stronger power grid will enable Moldova to deploy domestic renewable energy resources and open opportunities to join European energy markets, both of which are vital to the country’s long-term energy security and sustainable economic growth. Previously, Tetra Tech received an additional $42 million from USAID for a project to strengthen energy security in Moldova as part of a 4-year contract to strengthen energy security in Moldova. This funding increase is in addition to the company's initial $17 million contract awarded in March 2022. It was emphasized that as part of USAID's energy security activities in Moldova, Tetra Tech experts will help integrate Moldova's power grid and electricity market into the European system to stimulate the regional market electricity. The company's experts will help Moldova achieve its energy security goals by supporting competitive procurement of cleaner energy and promoting energy security. Tetra Tech then committed to help develop Moldova's first comprehensive National Energy and Climate Plan and Low Emissions Development Strategy to accelerate domestic renewable energy production and improve climate resilience. It was emphasized that Tetra Tech will also work with utilities and policymakers to attract investment in domestic power 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 then Dan Batrak. // 28.06.2024 — InfoMarket
