United States

United States

AIDING TRADE

Over half the members of the US delegation visiting India in February on a mission organised by the US Asia Pacific Initiative For Renewable Energy & Energy Efficiency (US/ECRE), were from the wind business. The US/ECRE aims to design innovative financing mechanisms in advancing energy service companies -- and to secure leverage financing from donor aid agencies and commercial sources.

Wind energy was well represented in a US trade delegation which visited India from February 10-19. Over half the delegation accompanying the mission, organised by the US Asia Pacific Initiative For Renewable Energy & Energy Efficiency (US/ECRE), were from the wind business. Companies represented included FloWind Corporation, Cannon, NRG Systems, Zond International Development Corporation and Energy Works -- a Bechtel/Pacificorp joint venture. The trade mission was to provide an opportunity for identifying project partners and visiting prospective project sites. US/ECRE formally launched its initiative at the South Asia '96 conference. "The initiative will activate the private sector to increase planning capabilities and support programmes with country specific regional and environmental benefits," explained a representative. As well as supporting specific projects, the aims of the inititiative are to design innovative financing mechanisms in advancing energy service companies -- and secure leverage financing from donor aid agencies and commercial sources.

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