The Hawaii Public Utilities Commission (PUC) has approved Oahu’s first utility-scale solar project, which will see SunPower sell energy to the Hawaiian Electric Company through a new 5MW solar farm in Kalaeloa in West Oahu. SunPower plans to use its T0 tracker system for the installation, which will offer a cost per kWh under US$0.20. The cost will initially grow at a fixed rate before a price reduction is applied during the second half of the 20-year PPA.
“With SunPower's high-efficiency technology, Hawaiian Electric will benefit from reliable, cost-effective, guaranteed performance,” said Jim Pape, president of SunPower's residential and commercial business group. “The solar farm will contribute clean, renewable solar power to Oahu while generating revenue for the important work of the Hawaiian Homelands department on behalf of native Hawaiians.”
SunPower will design, build and operate the facility, which is expected to begin construction this year after the necessary permits are obtained. Completion of the solar installation is anticipated within five months of breaking ground.