In July 2010, the Department of Energy issued a $117 million loan guarantee to finance Kahuku, a 30-MW wind power generation project. Located in Kahuku, Hawaii, this project incorporates wind power into the state’s island-based, relatively small power grid.
Kahuku employs the combination of Clipper LibertyTM wind turbine generators and a control system to more efficiently integrate wind power with the utility’s power grid.
Kahuku created 200 construction jobs and is expected to support 6 permanent jobs.
Kahuku is expected to generate 70,000 megawatt-hours of clean energy each year. It is expected to prevent 39,000 metric tons of carbon dioxide emissions annually.
|FINANCIAL SUMMARY||Loan Program||Title XVII|
|Loan Type||Loan Guarantee|
|Loan Amount 1||$117 Million|
|Issuance Date 2||July 2010|
|ENERGY SUMMARY||Operation Status||Operating|
|Generation Capacity||30 MW|
|Projected Annual Generation 3||70,000 MWh|
|ECONOMIC IMPACT||Permanent U.S. Jobs Supported||6|
|U.S. Construction Jobs Supported 4||200|
|CLIMATE BENEFIT||CO2 Emissions Prevented Annually||39,000 Metric Tons|
All information up-to-date as of June 2017.
1 Approximate amount of the loan facility approved at closing including principal and any capitalized interest.
2 Loan fully repaid in February 2015.
3 Calculated using the project's and NREL Technology specific capacity factors. For cases in which NREL's capacity factors do not encompass project's specific design and operation, project specific capacity factors are used.4 Estimated at the time of closing.