A former industrial disposal site in Kapolei, Oahu, is to be brought back into useful service with a plan to build a 1-megawatt solar power plant on it.
Property developer Forest City Hawaii and power company Hawaiian Electric Company have reached a power purchase agreement to set up the project at the Kapolei Sustainable Energy Park.
Hoku Solar, a subsidiary of Hoku Corporation (NASDAQ: HOKU), will design and install the project using more than 4,200 solar panels atop a concrete racking system.
The contract must be approved by the Hawaii Public Utilities Commission with input from Consumer Advocate. The goal is to be operational by the end of 2011, subject to regulatory approval.
Read More: Industrial dump in Hawaii to be reborn as solar power plant via Brighter Energy