Blue Earth has announced the acquisition of exclusive rights to construct seven solar photovoltaic (PV) projects costing about $15m to cumulatively produce 3.5MW of clean energy in Hawaii.
The company will develop all the seven PV projects on the island of Oahu which are primarily ground mount solar systems.
Xnergy, a wholly owned subsidiary of Blue Earth, will supply the engineering, procurement, and construction services for the projects.
Xnergy CEO D Jason Davis said, "These projects highlight Blue Earth’s commitment to advance our presence in Hawaii and become a leader in the development of solar PV systems that help protect the local environment from harmful emissions."
The Hawaiian Electric Company (HECO) proposed renewable energy Tier 2 Feed-in Tariff (FIT) standards have been met by six of the seven projects the company is constructing.
HECO’s FIT programme is expected to promote addition of more renewable energy projects in the state while the pre-set FIT rates and standardised FIT contract terms will help facilitate the selling of renewable power to HECO.
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By GlobalDataBlue Earth is expecting to begin the construction work on two projects in the third quarter of and complete them by the end of 2012.
The remaining five projects are planned to develop in the final quarter of 2012 and complete them in the first quarter of 2013.
US based Blue Earth is focused on the energy efficiency and renewable energy sectors.
