Italian multinational renewable energy corporation, Enel Green Power (BIT: EGPW), is among the five companies awarded with the right to bid for Power Purchase Agreements (PPAs) using geothermal technology aimed at supplying the US Army.
Enel’s North American business, Enel Green Power North America is one of five pre-selected companies that will be invited to take part to future bids.
The decision has been taken by the U.S. Army Corps of Engineers, Engineering and Support Center in Huntsville, AL, working with the Army Energy Initiatives Task Force (EITF), that awarded the first of its kind Indefinite Delivery Indefinite Quantity (IDIQ) Multiple Award Task Order Contracts (MATOC).
The army command believe a list of preferred bidders will expedite the acquisition process for future projects and will speed up overall development timelines to ensure the best value to both the Army and the private sector.
Francesco Starace, CEO of Enel Green Power commented ”Being a pioneer in geothermal energy production, Enel Green Power is permanently committed to implementing new initiatives to strengthen our role abroad as the world’s undisputed leader in the geothermal energy sector. Being selected by the US Army now is a clear step in that direction. We are excited to have been given the chance to support the US. Army’s efforts in achieving their clean energy goals.”
Worldwide Enel Green Power has 770 MW of net installed geothermal capacity and produces about 5.5 TWh annually.
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