NCSC Funds Two Solar Projects for Hawaii Coop
Posted on Nov 4, 2013 in Climate Change, Environmental, Financing, Project Development, Renewable Energy | Comments Off on NCSC Funds Two Solar Projects for Hawaii Coop
Kaua‘i Island Utility Cooperative (KIUC) will break ground this week on one of two planned solar photovoltaic (PV) power plants on the island of Kaua‘i, Hawaii. The National Cooperative Services Corporation (NCSC) has advanced initial funding for the estimated $40 million project, which will be the largest utility-scale solar facility in Hawaii and will meet an estimated 5 percent of KIUC members’ annual energy needs after its completion next year. The new plant is part of an initiative by KIUC to offset the expense of diesel and naphtha-fueled power generation with renewable generation components. Click here to read more.
