The Maui Electric Company, a Hawaiian energy provider, announced their agreement on the purchase of electricity from a grid-scale solar and battery energy storage facility, which is being built by Molokai New Energy Partners on Molokai, Hawaii.
The 2.7 MW project would be the island’s first large-scale solar facility and would include a 3MW battery storage system in order to lower the island’s electric bills and help the community reach its 100 percent clean energy goals. It is expected to be in service by the end of 2019, after an approval by the Public Utilities Commission. According to an application of the federal New Markets Tax Credit, provided by Punawai O Puuhonua, a Hawaii-based community development company, the system is expected to provide a saving to the island’s 3,200 customers every year over a period of 22 years.
“This agreement is an important step as we continue to work with the Molokai community in reaching 100 percent renewable energy for the island. As part of these efforts, our goal is to always look for lower prices for clean energy that will benefit all of our customers over the life of our contracts,” said Sharon Suzuki, president of Maui Electric.
Source: Maui Electric Company
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