SOURCE: Industrial Info Resources

Industrial Info Resources

July 11, 2011 06:30 ET

Pentagon Spending on Renewable Energy to Jump $25 Billion by 2030, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 11, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The U.S. military will increase spending on renewable energy to $26.8 billion by 2030, a dramatic increase over the $1.8 billion it spent in 2010 on green electricity, according to a recent analysis from Pike Research LLC (Boulder, Colorado). The report, "Renewable Energy for Military Applications," covers solar, wind, biomass and geothermal generation, as well as small "Smart Grid" projects and energy efficiency.

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