$58M project to make Portsmouth Naval Shipyard energy resilient

KITTERY, Maine — Ameresco, Inc., a leading energy efficiency and renewable energy company, announced the U.S. Navy awarded its Federal Solutions team a task order to implement a $58 million energy resiliency project at Portsmouth Naval Shipyard.

This project expands on the long-term partnership between Ameresco’s Federal Solutions team and the U.S. Navy at PNSY. The energy savings performance contract features on-site generation, battery storage and microgrid controls to address the Navy’s priority of maximizing energy security at the shipyard while reducing energy costs. Because ESPCs leverage the guaranteed savings the projects generate to secure third-party financing, the Navy will not have to contribute up-front funding during the project’s implementation phase.

Read the full release (opens in new window)