Kihei, Hawaii [RenewableEnergyAccess.com] ProVision Technologies, Inc. a Hawaii-based provider of solar electric systems has announced that it has commissioned two photovoltaic (PV) solar systems which will provide over 100,000 kilowatt hours of energy per year to the Maui Economic Development Board, Inc. (MEDB). The hurricane-ready design will give MEDB a showcase PV facility providing predictable power pricing in a volatile market.
ProVision designed and built the system for Solar Power Partners, Inc. which will own and operate the facility, selling the electricity to MEDB through a long-term Power Purchase Agreement (PPA). The PPA will enable MEDB to purchase electricity at a rate below current Maui Electric rates without incurring the expense and operational responsibilities of traditional infrastructure purchases.
“Combined, these systems represent the single largest PV installation in Maui County,” said Steve Perkins, program director, Maui Economic Development Board, Inc. ”By installing these systems, MECO will burn 110,00 fewer gallons of diesel over the system lifespan. Promoting Maui as a home for renewable energy pilot and demonstration projects from around the world is a specific economic diversification strategy we have been implementing for several years now. Using renewable energy in our own building, coupled with an innovative financial vehicle, allows us to show leadership in this area and add momentum to growing local efforts.”