The U.S. Army Corps of Engineers Engineering and Support Center, Huntsville, working with the U.S. Army Garrison, Fort Campbell, Kentucky, issued a notice of intent to award to BITHENERGY Inc. for a 3.1MW Solar Array Power Purchase Agreement (PPA).
Baltimore, MD – August 7, 2015
(BUSINESS WIRE) - BITHENERGY, Inc., a leading provider of innovative energy engineering solutions, has been notified by the U.S. Army Corps of Engineers of an intent to award a 3.1MW Solar Array Power Purchase Agreement (PPA) that will complete the installation’s requirement for a 5MW solar array.
The 27-year PPA for a 3.1 MW array is phase two of the 5MW solar array, which will be the largest in Kentucky. Fort Campbell broke ground in May on phase one, the initial 1.9 MW portion of the array being executed through a 10-year Utility Energy Services Contract (UESC) with Pennyrile Rural Electric Cooperative Corporation and a $3 million Energy Efficiency/Renewable Energy grant from the State of Kentucky.
This is the first time Huntsville Center’s Energy Division will use two third-party financing contract vehicles together (PPA and UESC) for a renewable energy project.
Robert L. Wallace, President and CEO states, “We are humbled and excited that our company was chosen to provide this most important solar energy power plant for Fort Campbell and the U.S. Army Corps of Engineers. As our company has begun the process of pivoting in our market penetration strategy so that we can build more solar power facilities on government properties, the Fort Campbell solar plant provides us an opportunity to showcase the engineering and construction skills that we are capable of bringing to this domestic emerging market. Our team of young engineers, led by R. Daniel Wallace, has done a marvelous job of building our expertise in the solar energy space. “
Fort Campbell has identified 25 acres of land formerly used as a landfill for the PPA solar photovoltaic array project. BITHENERGY and its team will finance, design, build, operate, own and maintain the renewable energy generation facility on the identified land leased from Fort Campbell. Through the PPA, the Army will purchase the on-site generated renewable electricity for up to 27 years in accordance with the terms and conditions stipulated in the resulting contract.
This solar project is part of a $7 billion renewable and alternative energy power production initiative for the Department of Army. This Multiple Award Task Order Contract (MATOC) has been designated as the key contractual vehicle to be used to diversify the energy production alternatives for military installations throughout the world.
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Headquartered in Baltimore, Maryland, Bithenergy, Inc. is a leading supplier of the engineering, design, construction, and maintenance of renewable energy systems. Ranked 49th out of 400 Top Solar Contractors and 8th out of 50 Top Solar Developers in 2014, the Bithenergy team has successfully integrated over 150 renewable energy solutions in various states and has successfully developed, financed, and integrated over 2GW of solar projects both nationally and internationally. Bithenergy, Inc. provides energy services and innovative solutions to maximize energy and operational efficiencies while diversifying and expanding energy sourcing options for its diverse client base. The company is committed to integrating the needs of the communities that it serves by identifying and promoting the shared values of all entities, which provides the cohesion between the business, governmental, and societal elements in its community.