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Innergex successful with 35 MW of solar, 140 MWh of storage in Hawaii

Phoebe Solar image by Innergex (www.innergex.com).

May 13 (Renewables Now) - Canada-based Innergex Renewable Energy Inc (TSE:INE) announced that two projects for a combined 35 MW of solar and 140 MWh of storage capacity have been selected in Hawaii’s latest renewable power procurement process.

The company was successful with a 15-MW solar project coupled with a 60-MWh battery component on the island of Oahu and a 20-MW solar scheme with 80 MWh of energy storage on Maui. The proposed commercial operation date for the two projects falls in 2023.

Being part of the final award group, Innergex will now be negotiating “an acceptable”, 25-year power purchase agreement (PPA) with Hawaiian Electric Company Inc. Once the contract is signed, it will continue with the permitting process and seek clearance from the state’s Public Utilities Commission (PUC).

Hawaiian Electric announced separately it had chosen 16 projects for the generation of 460 MW of solar power and close to 3 GWh of energy storage as part of the competitive process, but only for Oahu, Maui and Hawaii Island. Proposals for Molokai and Lanai have later deadlines and information for them will be published during the summer.

Michel Letellier, president and CEO of Innergex, pointed out that the company is already developing two projects in Hawaii.

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Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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