Quantum Signs Solar Materials Supply Agreement With LADWP

Irvine, Calif.-headquartered Quantum Fuel Systems Technologies Worldwide Inc. has entered into a professional services agreement with the City of Los Angeles Department of Water and Power (LADWP) as a qualified supplier – one of 12 companies selected among 109 bid participants.

The agreement sets forth the terms by which LADWP would procure the materials and services necessary for solar power projects as part of Los Angeles' mandated renewable portfolio standard (RPS), which targets 20% of the energy for the city from renewable energy sources by 2010, and 35% of the energy from renewable energy sources by 2020.

The board of directors of LADWP passed a resolution authorizing the agreement with Quantum, and the other 11 qualified suppliers, for the procurement of materials and professional services for the initial three year effort in support of the RPS, at a maximum cost of $455 million, with the goal of installing 200 MW of solar capacity by 2012.

The LADWP will issue individual task order proposals to the qualified suppliers for competitive procurement of solar photovoltaic modules, all associated materials, tools, and equipment, and for professional services, which include solar power system design and solar power system related training for LADWP personnel, for LADWP facilities and other Los Angeles City properties located in, but not limited to, areas throughout California, Nevada, Arizona, and Utah.

SOURCE: Quantum Fuel Systems Technologies Worldwide Inc.

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