ReEnergy wins Army PPA
In early 2014, the U.S. Army issued a notice of intent to award the ReEnergy Black River biomass plant at Fort Drum, N.Y., a 20-year power purchase agreement. The move came more than eight months after the 60-MW facility began producing power. The plant is located on the Fort Drum Army installation near Watertown, N.Y. With the PPA agreement from ReEnergy, Fort Drum will be become energy self-sufficient.
The plant was originally designed to burn coal. It was idled in 2010 and purchased by ReEnergy the next year. The company made more than $34 million in equipment and infrastructure investments in the facility, converting the plant to biomass and restarting it in June 2013.
Since its restart, the Black River plant has been selling power to the area surrounding the post. The facility was also selected to sell renewable energy credits to the New York State Energy Research and Development Authority.