18 Jul '13, 10pm

Plugging In to Military Solar

The U.S. Department of Defense (DOD) is historically one of the greatest catalysts of technological innovation. Through its procurement power alone it has the ability to transform markets. In recent years, the Navy, Army, and Air Force each implemented clean energy targets that will drive 3 gigawatts (GW) of renewable energy installations by 2025. Specifically, PV accounts for 58 percent , or 1.1 GW, of identified DOD renewable energy capacity additions from 2012 to 2017. With this massive solar ramp-up from one of the biggest energy users in the world, the solar industry has to navigate complex financing structures used by the military for their solar projects and installations. They are using power purchase agreements, enhanced use leases, and energy savings performance contracts to meet their targets. Dale Freudenberger President/COO and Co-Founder of FLS Energy, the co...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2013/07...

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