PES signs US Navy solar deal
Developer Pacific Energy Solutions (PES) says it has entered into a binding contract with the US Navy to supply 30,400MWh of electricity annually from 14 solar project sites that it will build including a utility-scale facility that will be largest in Hawaii.
PES did not make public financial terms of the deal.
PES, which will own the projects, will supply the electricity over 25-years. The US Air Force and US Marine Corps will also utilize part of the solar power at certain military installations on the Island of Oahu.
Once in full operation, the solar installations will allow the Navy to eliminate the necessity to burn the equivalent of 54,000 barrels of oil per year.
PES chief executive Don O’Shei says the solar installations will contribute toward renewable energy goals set by both the US Defense Department (DOD) and Navy.
The Congress has set a mandate that requires DOD to supply 25% of its permanent facilities’ energy (including heat) from renewables by 2025, with an interim goal of 15% by 2018.
The Navy specifically has committed to procuring and producing 1GW of renewable energy at its permanent facilities and/or on military land opened for development by 2020.