Hawaiian Electric Issues RE Solicitation Of Interest

NAW Staff, Thursday 04 October 2007 - 10:01:38

Honolulu-headquartered Hawaiian Electric Co. has released a solicitation of interest seeking developers who are interested in entering a competitive bidding process to supply added renewable energy to Oahu's power grid.

If approved by the Hawaii Public Utilities Commission (PUC), Hawaiian Electric then plans to follow up with a formal request for proposals (RFP). The proposed RFP is anticipated to ask bidders to submit base proposals for their projects to provide up to 100 MW of non-firm renewable energy - and may also allow bidders to submit additional alternate larger proposals or subsequent phased increments of more renewable energy, Hawaiian Electric says.

Assuming the PUC approves Hawaiian Electric's plans, the company intends to submit a draft RFP to the PUC by the end of the year. In keeping with the competitive bidding requirements set by the PUC in December 2006, Hawaiian Electric will then hold a technical conference to discuss the draft RFP with interested parties, including potential bidders.

More information on the solicitation of interest is available at generationbidding.heco.com



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