Sunday, July 3, 2022
Hawai'i Free Press

Current Articles | Archives

Tuesday, November 2, 2021
Solar Developer Abandons Big Island Project
By News Release @ 5:21 AM :: 1724 Views :: Hawaii County , Energy

NHOA acknowledges ENGIE's notice of abandonment of project in Hawaii. NHOA's backlog and guidance remain unchanged

News Release from NHOA, November 1, 2021

NHOA (Paris:NHOA)(NHOA:PA, formerly Engie EPS) has been informed today by ENGIE North America that, on 25 October 2021, ENGIE North America notified Hawaiian Electric Company, Inc. (HECO) of its decision to abandon the Puako solar and storage project due to elevated interconnection costs coupled with global supply chain and production issues, as well as tariffs and trade disputes specifically affecting the photovoltaic solar industry.

This project is a 60 MWAC solar plus 240 MWh battery storage facility, which was awarded to ENGIE in May 2020 and in which NHOA was to supply the battery storage system and act as a full storage solution provider and system integrator, as subcontractor to ENGIE.

NHOA is obviously disappointed with ENGIE’s decision, and takes this opportunity to clarify that the production issues mentioned by ENGIE are in no way related to NHOA’s technology nor scope of supply.

As consistently reported to the market, the project was included in the "Contracts Secured"1 category among NHOA’s key performance metrics, and therefore ENGIE’s decision has no impact on NHOA’s current Backlog2.

Accordingly, the Pipeline as at September 30, 2021, the Backlog as at 27 October 2021 and the 12-month Oder Intake3 as at 27 October remain unchanged at, respectively, €833 million, €205 million and €208 million, as published in the October 27, 2021 Q3 Trading and Operational Update. Contracts Secured now stand at €56 million (compared to €104 million).

The 2021 guidance is not impacted and 2022 guidance is also confirmed.

NHOA will consider, in coordination with its majority shareholder TCC (TWSE: 1101), the legal implications to NHOA and TCC of ENGIE’s decision, in light of the assurances given in the past by ENGIE to NHOA’s board of directors and TCC at the time of the acquisition by TCC of ENGIE’s majority stake in NHOA, as already disclosed in the report of A2EF, the independent expert appointed in connection with the mandatory tender offer on NHOA that followed TCC’s acquisition.

---30---

HECO: Stage 2 RFP Final Award Group Projects  

IM: AES, Hu Honua and ENGIE -- Hawai`i Renewable Energy Issues Vary By Island  -- The Hawai`i Public Utilities Commission filed Information Requests to HECO to be answered by November 15, 2021: 

Please provide any and all information related in any way to ENGIE 2020 Project (a) regarding ENGIE`s decision to declare the Power Purchase Agreement (PPA) to be null and void, (b) regarding the interconnection costs, (c) the status of any Interconnection Requirements Study (IRS), and (d) any proposed amendment to the PPA. This includes any internal memoranda; any drafts of any contracts and/or negotiations; and any other document representing, memorializing, or otherwise evidencing any negotiation related to the Project.

PBN: French utility company scraps solar-plus-storage project on Hawaii Island

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Life Alliance

Hawaii March for Life

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT