Hanwha Energy was selected as the final contractor of the Kupehau Solar Project to build and operate a solar and energy storage systems (ESS) power plant organized by the Hawaiian Electric Company (HECO).
The project is the one linking 60MW and ESS 240MWh of solar power generation. After signing contracts for the 52MW and ESS 208MWh Ho’ohana Solar Project, in December 2018, the company achieved this project.
An official of Hanwha Energy said, “In particular, it is significant in that it has won consecutive orders for solar and ESS projects in the U.S., a powerhouse in the new energy business sector, and is strengthening its presence in the U.S.”
Hanwha Energy will build a 60MW solar power and 240MWh ESS-linked plant on Oahu Island in Hawaii by 2023 and operate it for the next 20 years. The 60MW is equivalent to the amount of electricity that can be used by about 80,000 people.
The company plans to carry out the project through its subsidiary 174 Power Global and carry out the entire business development, ranging from construction, financing and to operation of the power plant directly.
Hanwha Energy CEO Jeong In-seop said, "This project is meaningful in that Hanwha Energy provides clean energy through solar energy business in the U.S. market and contributes to the region by providing stable power through ESS business. We plan to continue our business performance by using it as an opportunity to further solidify the position of Korean energy companies in the U.S."