[NEWS] Hawaii Biomass Facility Reaches Agreement with Utility Over Power Purchase
– by H.J. Mai, May 10, 2017, Pacific Business News
Hu Honua Bioenergy LLC said on Wednesday that it has reached an agreement with Hawaii Electric Light Co. on an amended power purchase agreement for its half-completed biomass plant on the Big Island.
HELCO agreed to revised terms for electricity to be produced by the biomass project and is submitting the amended contract to the Hawaii Public Utilities Commission for approval of Hu Honua’s proposed pricing, according to a company statement.
Hu Honua can resume construction of its 30-megawatt facility and begin delivering clean energy by the end of 2018, if the PUC approves the amended PPA.