SPI Solar yesterday announced that it has acquired the rights to co-develop and construct 68 solar energy facilities in Hawaii totaling approximately 29 MW dc. The SEF sites are distributed across the islands of Oahu, Kona and Maui and are predominately ground mount SEFs with some rooftop and shade structures. All of the SEF’s are feeding directly into Hawaii’s utility power grids. The agreement also allows SPI to pursue an additional 10 megawatts of projects that are currently in the Hawaiian Public Utility Commission’s reserve queue.
Hawaii has the largest Renewable Portfolio Standard in the US, requiring 40 percent of the state’s energy to be derived from renewable energy by 2030. Additionally, Hawaii has a three-tier feed-in-tariff structure for renewable energy. Almost all of the projects within the portfolio acquired by SPI meet the requirements of the Renewable Energy Tier 2 Feed-in Tariff offered by Hawaiian Electric Company and Maui Electric Company.
The Hawaii Tier 2 FIT is for solar systems developed on rooftops, land or carports that are 500 kilowatts and under that provide electricity directly to the utility power grid. Upon completion, these SEFs will make a contribution toward enabling Hawaii’s preferred energy future and help to increase the state’s energy self-sufficiency… Read more