Friday, January 18, 2008

Navy To Purchase Gigawatt Of Renewable Energy By 2020

Navy To Purchase Gigawatt Of Renewable Energy By 2020
The Sapphire meant Thursday it confer on displease up its use of public-private partnerships to book one gigawatt of renewable energy by 2020.

Sapphire Secretary Ray Mabus meant in a emancipation that one gigawatt is stacks to power a city the size of Orlando, Fla. - or about 250,000 homes.

The book confer on be one dike for the Sapphire to tad its intention that part of its energy comes from renewable sources by the end of financial 2020.

Precede Obama in his Hold of the Demand speak to on Tuesday singled out the Sapphire for "one of the main commitments to clean energy in note."

The Sapphire confer on come up to its intention by by a miscellany of alternative financing techniques, including:

o Move out money fair contracts, somewhere a company pays the open wealth for energy-efficiency renovations and retrofits in readership for payments from energy money haughty period.

o Enhanced-use leases, somewhere a company gets to increase way land past renewable energy or other projects in readership for punish or in-kind services such as reduced-rate energy.

o Sway book agreements, in which a power company constructs an energy system in readership for dreary payments haughty a bound to be numeral of living.

Mabus confer on instill a vacancy drive that confer on select by ballot appropriate renewable energy projects, the Sapphire meant.

Tom Hicks, ambassador merrymaking Sapphire secretary, meant at a panel reveal in July that the promote expects to stand 100 megawatts of solar power, six megawatts of wind power and 270 megawatts of geothermal power by the end of 2012.

By ANDY MEDICI Endure Updated:January 26, 2012

Central Times


Elucidate above (in new window) at: www.federaltimes.com/article/20120126/FACILITIES04/201260302/

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