Eurus Energy pulls back from 46.8-MW wind project in Hawaii

Image by Eurus Energy (www.eurus-energy.com).

March 27 (Renewables Now) - Eurus Energy America has abandoned plans for the construction of its 46.8-MW Palehua wind farm on Hawaii’s Oahu island.

The company, which is part of Japan’s Eurus Energy Holdings, said in an update on its website that risk factors related to the development of wind projects in Hawaii were considered to be “too great” for it and have forced it to withdraw its bid.

The Palehua wind farm was planned to be installed in the Waianae Range, using 13 turbines with an expected output of around 150,000 MWh per year. The project had in place a 22-year power purchase agreement (PPA) with Hawaiian Electric Co, which agreed at end-2018 to buy electricity from the plant at a levelised cost of USD 0.1098 (EUR 0.099) per kWh. This contract, however, was not greenlighted by the Hawaii Public Utilities Commission (PUC), which ruled out that the scheme should go through a competitive bidding process. 

Eurus Energy is the owner of the 27.6-MW Waianae solar park in Oahu. The company said it will continue to operate this power facility and look for other projects that support Hawaii’s goal for 100% renewables power generation by 2045.

(USD 1.0 = EUR 0.908)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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