EnSync Energy Sells 20-Yr Solar-Plus-Storage PPA with Kona Brewing

EnSync Energy Sells 20-Yr Solar-Plus-Storage PPA with Kona Brewing

As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new brewery in Kailua Kona, Hawaii.

solar power

EnSync Energy Systems has sold a 20-year Power Purchase Agreement (PPA) with Kona Brewing Company to an undisclosed investor.

As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new brewery in Kailua Kona, Hawaii.

Further, the construction is expected to be completed early next year.

Projected to meet one-quarter of the brewery’s electricity needs, the installation will consist of a 336 kW roof-mounted photovoltaic system and an EnSync DER SuperModule that contains a 122 kW-hour battery system to capture and store excess solar energy generation, the company said in a statement.

Moreover, the project includes the Matrix™ Energy Management system, which uses DER FlexTM IoE technology to find and deliver the lowest-cost, most reliable electricity from multiple sources, it added.

Besides, Kona Brewing expects to produce a peak output of 6,875 cans of sun-powered beer per hour with the new system.

Meanwhile, EnSync Energy’s tailored project development and financing support enables investors and local energy consumers to commit to clean energy cost savings while furthering Hawaii’s state goal to achieve 100 percent renewable energy by 2045.

The company has contracted 27 commercial projects in Hawaii, which will account for more than USD 42.8 million in electricity sales over the terms of the agreements.

"Want to be featured here or have news to share? Write to info[at]saurenergy.com

Manu Tayal

Manu is an Associate Editor at Saur Energy International where she writes and edits clean & green energy news, featured articles and interview industry veterans with a special focus on solar, wind and financial segments.

      SUBSCRIBE NEWS LETTER
Scroll