EnSync Energy Inc., dba EnSync Energy Systems, a leading developer of innovative distributed energy resources (DERs), announced a 20-year power purchase agreement (PPA) with Hawai‘i Pacific University (HPU) to build a 310-kilowatt photovoltaic (PV) system on the rooftop of the Aloha Tower Marketplace in downtown Honolulu.
Under the agreement, EnSync Energy will build a solar installation at HPU’s Aloha Tower Marketplace, a mixed-use space featuring university student residences, community spaces, restaurants and shops. The development represents HPU’s continuing investment into the marketplace’s revitalization since it acquired the property in 2014.
To develop a high-value PPA, EnSync Energy conducted a comprehensive evaluation of Aloha Tower Marketplace’s current patterns of energy consumption, as well as anticipated future needs. After comparing several distributed energy options, EnSync Energy found that a PV-only, grid-ready installation would yield the most savings for the university. As part of ensuring the highest value, the company also held a competitive procurement process for the solar installation provider.
HPU leases the Aloha Tower Marketplace from the State of Hawai‘i Aloha Tower Development Corporation, and corporation chair Darrell Young applauds the investment into the property and HPU’s commitment to renewable energy: “This partnership and the resulting project are significant steps toward modernizing the marketplace and reaching the state’s goal of a 100 percent renewable energy future.”
EnSync Energy will begin construction before year end.