POSTED: 11:38 a.m. HST, Mar 8, 2013
LAST UPDATED: 5:10 p.m. HST, Mar 8, 2013
Oahu’s largest solar energy project was dedicated at ceremony today in Kalaeloa.
The 5-megawatt facility developed by SunPower Corp. on 36 acres of state land began feeding power in to Hawaiian Electric Co’s grid in December.
HECO will buy the power produced by the solar farm under a fixed-price contract for 20 years. The utility will pay an average of 22.03 cents a kilowatt hour over the life of the contract.
Energy generated over 20 years will be the equivalent to eliminating the consumption of approximately 400,000 barrels of oil that otherwise would be burned to generate electricity, according to a news release from SunPower.
The project is the largest solar energy facility on Oahu. The largest solar energy project in Hawaii is a 6-kilowatt facility developed by Alexander & Baldwin on Kauai.