AES Corporation has selected BayWa r.e to construct the 30 MW Waikoloa Solar + Storage Project, an integrated solar photovoltaic (PV) and battery energy storage system located on Hawaii Island, USA.
Hawaiian Electric Company, Inc. (HECO) will offtake the energy produced and stored by the 30 MW AC/43 MW DC solar PV and 30 MW/120 MWh energy storage system under a 25-year power purchase agreement (PPA). The facility will contribute more than 7% of Hawaii Island's yearly energy demands and save more than 511,000 barrels of oil throughout its lifetime.
AES Corp has already secured permits. The company has also started site preparation and construction. Substantial completion is anticipated in the last quarter of 2022.