Tenative agreements have been reached for a 12 acre Solar farm to be
built on 12 acres of James Campbell Co. land next to the
Campbell Industrial Park. The energy production farm is to
be built by a subsidiary of Hoku Scientific Inc., a Kapolei
Company.
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I hope this becomes a harbringer of the future! If we have one resource with unlimited supply in Kapolei, it is sunshine. According to reports, the farm would be capable of generating 1.5 megawatts of photovoltaic power. It is estimated that over the 25 year life of the system, it would produce enough electricity for approximately 6,700 homes for one year.
Hoku Solar would be responsible for designing, engineering, financing, procuring, installing and operating the solar facility. The company would lease the property from Campbell, which has also promised to help market the energy.
Hoku Solar provides turnkey photovoltaic system installations in Hawai'i for commercial and residential applications. This would be the company's first development of a photovoltaic energy farm and it would rank among the largest in the country. Hoku Solar officials believe only one such photovoltaic farm exists in Hawai'i - a 1.75-kilowatt system at Waimea's Parker Ranch on the Big Island that was installed in 2001.
Scott Paul, Hoku Scientific vice president and general counsel, estimated the cost of the new development at $10 million to $15 million.
These are the types of steps I am happy to see and will hopefully become more common in the next few years.
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