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Monday, January 30, 2012

Tetra Tech Awarded $19 Million USAID Clean Energy Program in Colombia

Tetra Tech, Inc. TTEK +0.26%  announced today that it has been awarded an $18.6 million contract to help the U.S. Agency for International Development (USAID) increase access to renewable energy sources and improve energy efficient practices in Colombia through a combination of project development support, technical assistance, and other activities to promote economic investment. 

The Colombia Clean Energy Program (CCEP) is USAID/Colombia's flagship clean energy activity and supports the Presidential Initiative on Climate Change and the whole of government Enhancing Capacity Low Emissions Development Strategy (EC-LEDS).

Under this new program, Tetra Tech will help USAID develop Colombia's technical and institutional capacity in clean energy, with a special focus on expanding energy access in remote areas. 

With improved environmental governance, support for community-scale rural electrification projects, and new efforts to catalyze local renewable energy investment, USAID aims to create economic development opportunities for thousands of rural Colombia residents.

Tetra Tech will provide a variety of implementation support services for CCEP including technical and economic analysis, renewable energy resource assessments, training, outreach, and advisory services.

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