2/3/21 #kihei

NEW KAMAOLE SOLAR PARTNERS

Potentia, LLC and Peg Gen are the new Kamaole Solar Project partners

The Kamaole Solar Project was recently transferred in December, 2020 to a joint venture between Potentia Renewables, Inc., a Canadian company, and Peg Gen Holdings, LLC, from Virginia.  Skog & Rasmussen from Wailuku, Maui facilitated the community open house on February 3, 2021.  73 people were in attendance.

Ms. Andrea Garcia of Potentia said the 40 MW photovoltaic system with a 160 MW Battery Energy Storage System (B.E.S.S.) is scheduled for construction beginning June 2022 with completion in July 2023.  She confirmed the closest neighborhood to the project is Maui Meadows, over 1/2 mile south of the project area.  The project will be built on the same 320 acres of leased Haleakala Ranch land as the prior developer had contracted.

The construction phase will employ 100-200 local residents.  After completion, the project will require about five (5) operational people.  Potentia worked with the prior owners on the project so all notes from 2020 Kamaole Solar open houses were transferred to the new team.  Potentia has submitted a Power Purchase Agreement (PPA) to Hawaiian Electric that was approved in December.   Still to be performed are all the necessary studies required as part of the project’s development including:  hydrology, cultural, archeological, traffic, floral and fauna, as well as all permits.  They expect to complete the permitting process in June 2022 and then finish construction in ten months for commercial startup by April 30, 2023.

One unique idea this company offers is a community benefit fund for resident education, resident training or other community needs program.  Potentia will seek input in a later meeting.

More community open houses will be held in 2021 as the permitting process proceeds.  For more information on the project, visit:

https://kamaolesolar.com