Army to Spur Renewable Energy with $7 Billion Contract
May 6, 2013
Five companies have prequalified to build and maintain geothermal energy projects for the Defense Department, under the first phase of a $7 billion Army contract.
The contract will make it easier and faster for DoD installations to enter into so-called “power purchase agreements” — under which companies pay for and maintain renewable energy projects in exchange for set energy payments over time — by allowing installations to choose from companies prequalified and vetted by the Army and Army Corps of Engineers.
The companies are:
» Constellation NewEnergy Inc.
» ECC Renewables LLC.
» Enel Green Power North America Inc.
» LTC Federal LLC.
» Siemens Government Technologies Inc.