DOE Closes $117 Million Loan Guarantee for Hawaii Wind Project
August 4, 2010
DOE announced on July 27 that it finalized a $117 million loan guarantee for Kahuku Wind Power, LLC, and its 30-megawatt (MW) Kahuku Wind Power project in Hawaii. The project includes the development of an innovative wind power plant that will supply electricity to approximately 7,700 households per year. According to company estimates, the project, located on Oahu's North Shore, will create more than 200 jobs on the island. The project will be the first to meet reliability requirements for wind and solar energy set by Hawaiian Electric Company, the only electric utility operating on Oahu.
The Kahuku project, which began construction in July, uses 12 2.5-MW Liberty wind turbine generators manufactured by Clipper Windpower and a 10-MW battery energy storage system that will modulate and smooth fluctuations in power output caused by changes in wind levels. First Wind Holdings, LLC, the project sponsor and an independent U.S.-based wind energy developer, successfully built and currently operates Hawaii's largest wind energy facility, the 30-MW Kaheawa Wind project on Maui, which generates 9% of the island's annual electricity needs. See press releases from DOE and First Wind, and the DOE Loan Guarantee Program Web site.