USAID issues call for USD 20 million regional energy investment project


Photo: Foto-RaBe/Pixabay


January 17, 2023






January 17, 2023





The US Agency for International Development (USAID) has invited potential applicants to submit preliminary information on projects to be included in its regional project called Investment in Energy. USAID’s project aims to support technically, commercially, and environmentally sustainable projects and help find investors or financial institutions to fund them.

The purpose of the invitation issued by USAID is to consider potential projects for pre-feasibility and feasibility studies, while projects for further assessment will be selected through a public call for applications. Initial information is to be sent to energyinvestmentDIR@bv.com or energyinvest@bv.com, by February 10, 2023.

Projects for further assessment will be selected through a public call for applications

The regional project Investment in Energy, whose launch in Serbia was marked in October, will focus on improving the bankability of the environmentally friendly production, transmission and distribution of heat and electricity, district heating systems, water supply and sanitation systems, and the energy efficiency of residential and commercial buildings, according to the invitation.

USAID has set aside USD 20 million for the project.

Projects will be selected in cooperation with banks, international lenders, and investors

Projects will be selected in cooperation with international financial institutions, banks, investors, and beneficiaries. The minimum value of a single project is set at USD 10 million, although projects worth less than USD 10 million could be considered depending on the interest of international financial institutions, according to the invitation.

The minimum investment in a single project is set at USD 10 million

Support will be provided for projects in Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Montenegro, Georgia, Greenland, Kosovo*, Moldova, North Macedonia, and Serbia, and possibly other countries in the region where such projects could benefit the listed beneficiary countries and territories, directly or indirectly, USAID said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

European heat pump sales drop 2023 layoffs

European heat pump sales drop in 2023, resulting in layoffs

29 February 2024 - Heat pump sales tumbled 4.7% last year in 14 countries tracked by the European Heat Pump Association (EHPA)

BiH entities set establishment of power exchange as priority

BiH entities agree that establishing power exchange is priority

29 February 2024 - Energy ministers Petar Đokić from the Republic of Srpska and Vedran Lakić from the Federation of BiH have met in Banja Luka

OMV Petrom EU funding two green hydrogen plants

OMV Petrom obtains EU funding for two green hydrogen plants

29 February 2024 - OMV Petrom is stepping up its decarbonization efforts with projects for two green hydrogen production units at its Petrobrazi refinery

Kacır Turkey is No 1 producer of solar panels in Europe

Kacır: Turkey is No. 1 producer of solar panels in Europe

29 February 2024 - Turkey will continue incentives for renewables and roll out an emissions trading system, Minister Mehmet Fatih Kacır said