Oct. 24, 2013: Siemens Wins Contracts for Army’s Renewable Energy Program
Renewable and Alternative Energy Will Be Procured Through Power Purchase Agreements
WASHINGTON — Siemens Government Technologies Inc. announced that the U.S. Army Corps of Engineers, Engineering and Support Center, Huntsville, working with the Army Energy Initiatives Task Force (EITF) has completed the initial awards under all four Indefinite Delivery Indefinite Quantity (IDIQ) Multiple Award Task Order Contracts (MATOC) for geothermal, solar, wind, and biomass technologies to support renewable energy on Department of Defense (DOD) installations. The four MATOCs have multiple awardees but the Siemens team was the only one that was selected for all of them.
This MATOC will be used to procure locally-generated renewable and alternative energy for DOD installations through power purchase agreements (PPAs). The contracts provide a three-year base with seven one-year options, for a total ordering period of 10 years. The $7 billion contract capacity will be expended for PPAs to procure energy during a period of up to 30 years from renewable energy generation systems that are designed, financed, constructed, operated, and maintained by contractors using private sector financing.