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Local Solar Company Awarded Government Contract Valued Up To 500 Million - Island Pacific Energy was one of three companies selected for the largest ever solar energy government contract in the State of Hawaii valued at up to $500 million - HawaiiPacificEntertainment.com
Local Solar Company Awarded Government Contract Valued Up To 500 Million

 

NewswireToday - /newswire/ - Honolulu, Hawaii, United States, 2011/09/07 - Island Pacific Energy was one of three companies selected for the largest ever solar energy government contract in the State of Hawaii valued at up to $500 million - HawaiiPacificEntertainment.com.

   
 
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Island Pacific Energy was one of three companies selected for the largest ever solar energy government contract in the State of Hawaii valued at up to $500 million. The photovoltaic facilities will be installed at military installations across Hawaii for the Naval Facilities Engineering Command.

“This contract will be the largest installation of photovoltaic solar energy facilities in Hawaii’s history,” said Island Pacific Energy president Joseph Saturnia. “As the only locally owned company in the award, our participation will enable us to keep jobs local and keep the dollars moving through our island economy. It will also help our State achieve its renewable energy goal of 70% of Hawaii’s energy needs met with clean energy by 2030.”

The work to be performed includes the installation of Solar Power Generation Systems on roofs, parking shade structures, and vacant parcels of land. The NAVFAC installations will purchase solar energy, alternating with current power only, and will not construct, own, or maintain any generation assets.

The installations include, but are not limited to, the following Oahu facilities: Joint Base Pearl Harbor-Hickam; Marine Corps Base Hawaii; Schofield Barracks; Wheeler Army Airfield; Tripler Army Medical Center; Fort DeRussy; the Asia Pacific Center for Strategic Studies; Naval Computer and Telecommunications Area Master Station; Naval Magazine West Loch; the Pacific Missile Range Facility on Kauai; and the Army Reserve Center on Maui. The contract is projected to take five years and will be complete in August 2016.

Island Pacific Energy is the only local owned company to receive this multiple award contract. The other two companies include Pacific Energy Solutions (a division of ECC of Burlingame, California and Photon Finance of Mountain View, California. The maximum value for all three contracts combined is $500 Million.

About Island Pacific Energy

Island Pacific Energy is Hawaii’s Renewable Electric Company™. The solar energy systems owned and operated by Island Pacific Energy provide over 1,000, 000kWh of clean renewable energy for the people of Hawaii each year. In recognition of our achievements to make renewable energy more accessible to the people of Hawaii, Island Pacific Energy received the Governor’s Award for Innovation.

 
 
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Written by / Agency / Source: Hawaii Pacific Entertainment

 
 

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Local Solar Company Awarded Government Contract Valued Up To 500 Million

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Publisher Contact: Chimaine Pouteau - HawaiiPacificEntertainment.com 
808-636-1512 chimaine[.]hawaiipacificentertainment.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Hawaii Pacific Entertainment securities in any jurisdiction including any other companies listed or named in this release.

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