Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Hawaiian Electric Renewables Projects Represent $3.5-$4Bn Investment (Ind. Report, Funding)
Hawaiian Electric Company
Date: 2020-07-06
In Honolulu, Hawaiian Electric Company (HECO) is reporting its 29 grid-scale renewable energy projects planned or under construction on four islands represent between $3.5 billion and $4 billion in investment in the state's clean energy economy.

The number of projects in progress -- 14 on Oahu, 8 on Hawaii Island and 7 in Maui County -- is unprecedented in Hawaii. All but three would be built, owned and operated by independent power producers who will sell their electricity to HECO.

These projects, along with the continued expansion of private rooftop solar, have the potential to move HECO to a renewable portfolio standard of more than 60 pct by the end of 2025, up from about 28 pct today. That would include being nearly 90 pct renewable in Maui County and nearly 100 pct on Hawaii Island.

A number of projects are expected to come online this year, though some are still awaiting final regulatory and governmental approvals. They include: Honua Ola, a 21.5-MW biomass plant on Hawaii Island formerly known as Hū Honua; Na Pua Makani, a 24-MW wind project on Oahu; and, Mauka FIT 1, a 3.5-MW solar project on Oahu. In addition, the 38-MW Puna Geothermal Venture on Hawaii Island is expected to return to service this year after completing repairs to damage caused by the 2018 volcanic eruption.

In addition to reducing the Aloha State's dependence on imported fuels for power generation, these projects also create construction and technical jobs, draw upon goods and services from local businesses, provide lease payments to local landowners and government agencies and generate tax revenue. (Source: HECO, PR, 1 July, 2020) Contact: HECO, Jim Alberts, Snr. VP Strategic Planning and Business Development, (808) 543-7780, www.hawaiianelectric.com

More Low-Carbon Energy News Hawaiian Electric Company,  HECO,  Renewable Energy,  Wind,  Solar Hawaii Renewable Energy,  


HECO Seeking Renewable Energy Projects Locations (Ind. Report)
Hawaiian Electric Company
Date: 2020-06-17
In Honolulu, the Hawaiian Electric Company (HECO) has issued a request for information (RFI) from land and building owners on the islands of O'ahu, Hawai'i Maui, and Moloka'i with sites that could be available for future HECO renewable energy projects.

HECO is seeking parcels as small as one acre and rooftops with at least 3,200 square feet of usable space for future development of grid-scale wind, solar and community solar projects. The location should be reasonably flat and sunny and can include open space of any kind, including large parking lots that could be covered with a shading roof of solar panels.

The RFI may be viewed and responded to at www.hawaiianelectric.com/landRFI Responses are requested by July 12, 2020. (Source: HECO, PR, 15 June, 2020) Contact: HECO, Jim Alberts, Snr. VP Strategic Planning and Business Development, Shelee Kimura, VP Bus. Dev., (808) 543-7780, andrfi@hawaiianelectric.com, www.hawaiianelectric.com

More Low-Carbon Energy News Hawaiian Electric Company,  HECO,  Renewable Energy,  Wind,  Solar Hawaii Renewable Energy,  

Showing 1 to 2 of 2.