With $7 billion on the table, the Army has been procuring a lot of renewable energy lately.
The latest announcement comes from the Army’s Energy Initiatives Task Force and the US Army Corps of Engineers, which jointly selected 13 biomass vendors to compete for future orders. This is the 4th selection of vendors in recent months from the geothermal, solar, and wind industry, and is an important policy implementation step for the Department of Defense’s (DOD) path to energy security.
As noted in recent announcements, the renewable energy generation systems will be “designed, financed, constructed, operated and maintained by contractors using private sector financing.” In its current purchasing framework, the Army will buy renewable energy through power purchase agreements (PPA), and private industry will bear all of the upfront capital costs.
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