SAN FRANCISCO, Oct. 8 /PRNewswire/ -- Bechtel is a member of the team that
has been selected by the Department of Energy to manage and operate the
National Renewable Energy Laboratory (NREL).
The NREL contract, which is valued at $800 million to $1 billion, runs for
five years and includes an option for an additional five-year extension.
The team is lead by the Midwest Research Institute (MRI) of Kansas City,
Missouri, and also includes the Battelle Memorial Institute of Columbus, Ohio.
"We are very excited with the opportunity to continue expanding Bechtel's
high technology endeavors by supporting DOE's important sustainable energy
research and development mission," said Larry Papay, Senior Vice President and
General Manager of Bechtel Technology & Consulting.
"Bechtel's 40-year-old research and development function has supported the
corporation and external customers with the engineering and demonstration of
advanced technology. More than 20 years of work in renewable energy for
sponsors such as DOE have positioned Bechtel to win a role in actively
managing DOE's research and development and to commercialize and deploy these
technologies through our outstanding engineering know-how and global network."
NREL, which is located in Golden, Colorado, is the nation's premier
laboratory for renewable energy research. Its mission is to lead the nation
toward a sustainable energy future by developing and deploying renewable
energy technologies and by improving energy efficiency.
"Our team was able to offer a history of outstanding management and
operation by MRI, along with the technology commercialization and deployment
capabilities of Bechtel and the technological innovation experience of
Battelle," said MRI President John McKelvey.