News

Please send us news about clean-technology companies, trends, and industry events. All materials are subject to editorial review. E-mail us at editor@cleanedge.com.

indexes

Clean Edge Stock Indexes: Tracking the Performance of U.S.-Traded Clean-Energy and Global Wind and Smart Grid Infrastructure Companies.

Subscribe to Clean Edge RSS

Previous Story | Next Story

DOE Announces $117 Million Loan Guarantee for 30 MW Hawaii Wind Project

July 28, 2010
Source: Clean Edge News

Energy Secretary Steven Chu recently announced that the Department of Energy has finalized a $117 million loan guarantee for Kahuku Wind Power, LLC, the owner and operator of the Kahuku Wind Power project. The project includes the development of an innovative 30 MW wind power plant that will supply electricity to approximately 7,700 households per year. According to company estimates, the project, located in Kahuku, Hawaii, will create over 200 jobs on the island of Oahu.

"This project represents what our national energy policy is attempting to accomplish: clean energy displacing imported oil in Hawaii to generate electricity, and in the process reducing our carbon output and creating green jobs," said Senator Daniel Inouye.

The Kahuku wind power plant uses twelve 2.5 megawatt Liberty wind turbine generators manufactured by Clipper Windpower of Carpinteria, California and a 10 MW battery energy storage system (BESS) manufactured by Xtreme Power Inc. of Kyle, Texas. The BESS will modulate and smooth fluctuations in power output caused by changes in wind levels. When completed, Kahuku will produce the first-ever combined installation of Clipper wind turbines and Xtreme's battery energy storage system. First Wind Holdings, LLC, the project sponsor and independent U.S.-based wind energy developer, successfully built and currently operates Hawaii's largest wind energy facility, the 30 megawatt Kaheawa Wind project in Maui. Kaheawa Wind serves nearly nine percent of Maui's annual electricity needs with clean, renewable energy.

Including this loan, the Department of Energy's Loan Programs Office has closed or offered conditional commitments for loan guarantees to support 13 clean energy projects.