HECO secures sub-11¢ PPAs for 110MW of solar

August 1, 2017
Facebook
Twitter
LinkedIn
Reddit
Email
Source: Flickr/Len Langevin

The Hawaiian Electric Company (HECO) will buy power from 110MW of new NRG-owned solar projects after state regulators approved the deal.

Power purchase agreements (PPAs) averaging US$0.108/kWh have been signed for the three projects, which were formerly SunEdison sites.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The 49MW Kawailoa Solar project will be the state’s largest. It is built on land owned by the Kamehameha School near Waialua. The school’s land is also home to an existing 69MW wind farm. 

The other two projects are the 45.9MW Waipio Solar project, also near Waiawa, and Lanikuhana Solar (14.7MW) near Mililani.

The three sites originally belonged to SunEdison but were acquired by NRG in November 2016 as part of the former’s bankruptcy proceedings. HECO cancelled the previous PPAs with SunEdison when project milestones were missed and negotiated lower rates with the new owners.

Read Next

February 17, 2026
US solar equipment provider Nextpower has signed a three-year deal to supply Jinko Solar with solar PV module frames, made in the US.
February 17, 2026
Quality assurance provider Intertek has acquired Aerial PV Inspection, a specialist in drone-enabled solar site inspections.
February 17, 2026
Chinese manufacturers dominate PV Tech Research’s new inverter bankability rating report, but recent EU and US policies targeting Chinese-made inverters may create opportunities for other companies.
February 16, 2026
A 77.5MW PV plant in Estonia is to be coupled with a 55MW/250MWh battery energy storage system to create what is claimed will be the country’s largest hybrid project.
February 16, 2026
Enfinity has expanded a bond facility with the Eiffel Investment Group to US$183 million, to further its work in US solar and BESS.
February 13, 2026
AES Indiana, a subsidiary of US utility AES Corporation, has started commercial operations at a 250MW solar-plus-storage plant in Pike County, Indiana, US.

Upcoming Events

Upcoming Webinars
February 18, 2026
9am PST / 5pm GMT
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA