The greening of national security

The US Army outlined a $7 billion renewables investment plan, while several large deals in the clean energy sector helped drive 'green' stocks significantly higher last week – a rare occurrence in recent times.

The US Army plans to invest up to $US7 billion in solar, wind, geothermal and biomass installations, as it last week launched a request for proposals for clean energy power purchase agreements up to 30 years in duration. Meanwhile, the US Interior and Defense departments agreed to give wind and solar energy installations access to 16 million acres (6.5 million hectares) of federal land previously set aside for military testing and training.

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