#grant

A $16 million grant has been announced to help the state’s small municipal and co-op utilities improve power grid reliability and help mitigate the impacts of extreme weather on families.

IIJA and IRA funding enables renewable energy projects and infrastructure improvements in the USA.

Mozambique: The African Development Bank has approved a grant of $2.5 Mt o increase renewable energy in Mozambique.

SEFA, managed by the African Development Bank, has recently approved a $995,000 grant to support the sustainable procurement framework for IPPs in Ethiopia.

South Africa: South African state-run power utility, Eskom and Électricité de France (EDF) have signed a Memorandum of Understanding (MoU) to extend peer cooperation in the fields of transmission and distribution of electricity.

Indonesia, Sumatra: The Asian Development Bank (ADB) has agreed to provide $600 million loan to Indonesia’s state electricity corporation, Perusahaan Listrik Negara (PLN), to upgrade transmission and distribution system in Sumatra.

Sri Lanka, Colombo: The Government of Japan will grant Sri Lanka a $200 million loan for the implementation of National Transmission and Distribution Network Development and Efficiency Improvement Project.

USA, New York: The New York Power Authority (NYPA) and an Israeli software development firm mPrest have been awarded a $900,000 grant to develop a system that can rapidly detect malfunctioning power transformers before they cause larger problems on the electric grid.