United States: DOE Backs Solar Projects with Nearly $500 Million in Loan Guarantees | Joseph Baker: "The project, dubbed SolarStrong, is already underway in Hawaii where SolarCity is installing a 4 MW solar system at Hickman Air Force base. When complete, SolarStrong is expected to create 371 MW of renewable energy. SolarCity will sell the power its systems produce to the Department of Defense (DOD) through long term power purchase agreements (PPA).
The DOD, which is the country's largest consumer of electricity, is moving rapidly towards its goal to source 25 percent of its energy's from renewables by 2025. Last week, it selected three companies for a $500 million multiple award contract for the purchase of energy from solar generating systems installed on Naval properties in Hawaii."
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