The Export-Import Bank of the United States, an independent federal government agency, will provide a US$2.4 million medium-term loan for a telecommunications project in Peru using BP Solar photovoltaic (PV) systems. ALLFIRST bank will act as intermediary in this operation.Linthicum, Maryland – November 15, 2002 [SolarAccess.com] The project, known as Fitel, will bring 4000 BP Solar Latin America PV systems totalling 580 kW to remote community centers that currently lack access to the electricity grid for voice and data transmissions that may include telephone, fax and Internet services. The Fitel Project will match BP Group policy standards regarding social responsibility worldwide, the aim of which is to create sustainable human progress wherever the company operates. The installation of this system in Peru will benefit close to 3 million people – nearly 10 percent of the current population of the country. The BP Solar Latin America Group provides a variety of products and services throughout Latin America. It has also contracted for and delivered turnkey power systems for a wide variety of applications through the region. BP Solar is currently completing the installation of 1.33 MW of solar PV systems in 1852 schools throughout 11 states in Brazil.