EnSync Energy signs 20 years PPA to provide electricity to Residential Development
EnSync Energy System announced that it has signed of a 20 years PPA for the Kalaeloa Makai Residential Development in Oahu, Hawaii.
The residential development comprises more than 200 units of varying sizes, and features solar PV to be deployed atop buildings of nearly all three and four-bedroom units.The solar electricity project includes a PPA term of 20 years.
EnSync Energy Systems CEO and President, Brad Hansen said that they are pleased to have signed this power purchase agreement which provides electricity savings to the people in the Kalaeloa Makai residential development. EnSync Energy has multiple large-scale projects under development in the Kalaeloa area that will improve the lives of hundreds of people. This PPA will now go into their backlog and will be executed and sold in the coming months.
EnSync Energy continues to successfully develop and deliver DER projects in the Hawaii market through their Honolulu based energy project development subsidiary, Holu Energy. EnSync Energy is a pioneer in the Hawaiian market for solar-plus-storage DERs, with projects operating on a number of islands comprising the state of Hawaii.