October 29, 2014 BITHENERGY, Inc. Of Baltimore, Maryland is selected to support a $7 billion renewable and alternative energy power production federal energy contract. BITHENERGY, Inc., a leading provider of innovative energy engineering solutions, has been awarded an energy contract that will support a $7 billion renewable and alternative energy power production initiative for the Department of Army. This Multiple Award Task Order Contract (MATOC) has been designated as the key contractual vehicle to be used to diversify the energy production alternatives for military installations throughout the world. BITHENERGY was chosen as one of the eleven small businesses in the nation that are qualified to bid on future individual solar technology project task orders. The renewable energy work on these contracts will support the Army in meeting its congressionally mandated energy goal of 25 percent production of energy from renewable sources by 2025, and improving installation energy security and sustainability. The U.S. Army Energy Initiatives Task Force (EITF) and the U.S. Army Corps of Engineers, Engineering and Support Center, Huntsville, established the $7 billion MATOC primarily to use for Power Purchase Agreements involving renewable or alternative energy projects greater than 10 megawatts. Chief Executive Officer Robert L. Wallace stated, “Our selection as one of the MATOC awardees is a potential game-changer for our company. For seven years we have been successfully providing energy management information systems, smart grid solutions, and renewable energy services to our clients in state and local government as well as in universities and healthcare institutions. Our selection to the MATOC contract now provides us an exciting opportunity to provide these and other services in support of our nation’s war fighting effort throughout the world. In some small way we hope this work will supplement the efforts of our brave women and men who put their lives on the line for us each and every day. I believe that this energy diversification effort will not only save our nation money but will provide a more secure environment for our soldiers. We are humbled to be a part of this effort.”
