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US Navy awards $500 million for solar projects in Hawaii

The US Navy has awarded a combined $500 million to three companies to develop distributed solar system for 11 facilities the military service owns in Hawaii.
US Navy awards $500 million for solar projects in Hawaii

The companies -- Photon Finance, Island Pacific Energy and Pacific Energy Solutions -- will now compete for task orders to design, construct, own, operate and maintain solar arrays on rooftops, parking structures and vacant land areas owned by the Navy.

Under the award contract, Photon Finance will compete with Island Pacific Energy LLC and Pacific Energy Solutions LLC for task orders solar power systems on Navy rooftops, parking structures and vacant parcels of land.

"Solar is becoming more competitive yearly,” said Reid Rutherford, chief executive officer for Photon Finance. “Our innovative solar finance structures offer the Navy an excellent way to save money while reducing reliance on international energy sources."

Decisions on specific projects are expected to be announced within the next 12 months and completed by August 2016.

Under the terms of the awarded contracts, the Navy will buy electricity produced by the modules under terms of a 20-year power purchase agreement.

These developments are part of a Navy target to produce 50 per cent of its required energy consumption from renewable sources by 2020.

Facilities that will receive solar arrays include: Joint Base Pearl Harbor-Hickam, Marine Corps Base Hawaii, Schofield Barracks and Wheeler Army Airfield.

Of the US services, the Air Force had one of the largest installations in the country, a 14.2-MW photovoltaic installation operating at Nellis Air Force Base in California. That has since been eclipsed by the 48 MW Copper Mountain facility built by Sempre Energy and First Solar in Nevada.

Meanwhile, the Army is creating an Energy Initiatives Office Task force to convert to 25 percent renewable energy by 2025.

For additional information:

Photon Finance

Island Pacific Energy

Pacific Energy Solutions

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