(September 20, 2022) – Holu Hou Energy LLC (“HHE”), a provider of design to service solar plus energy storage systems, including a breakthrough product for the Residential and Multi-Dwelling Unit residential building markets, announces that it has signed a power purchase agreement (PPA) with Kapolei Diversified Properties, LLC to deliver energy to Luhauola, a new mixed-use development in Kapolei, on the island of Oahu.
The 20-year agreement covers renewable energy from solar and energy storage that will be utilized by both Commercial and Residential portions of the development. Luhauola means the “dew drops of life and health”, an aptly named property that is intended to elevate the standard of living for the residents through food, healthy living and clean energy. The property includes 10,000 square feet of commercial space, plus outdoor dining for local food establishments. The residential portion of the property includes 29 workforce housing rental apartments. Holu Hou Energy will construct the Solar + Energy Storage system utilizing its market leading HoluPower Residential Energy Storage System, combined with the Residential and Commercial scale solar generation. The system will be placed into service in 2023. Each of the residential units has been designed for maximum energy efficiency, featuring highly efficient heating, cooling, plumbing, LED lighting and construction materials, targeting a 23% reduction in carbon emissions compared to “code compliant”. Units have also been designed with art from local artists, in addition to providing residents safe areas in the event of natural disasters. Luhauola is the inaugural project for Kapulei Diversified Properties, LLC, and is on the leading edge of the Hawaii and mainland United States trend of constructing sustainable and affordable housing communities that target enhancing the wellness and quality of life for a large segment of the population.
About Holu Hou Energy, LLC
Holu Hou Energy, LLC, a Delaware Corporation, brings state-of-the-art renewable energy and energy storage systems to the Single-Family Residential, Multi-Dwelling Unit Residential and Commercial building markets. With operations in California, Hawaii, Wisconsin and Shanghai, HHE engineers proprietary storage system and control platform solutions, including a breakthrough HHE “EnergyShare” Technology that is key to development of the Multi-Dwelling Unit Residential housing market. HHE is a vital partner for investors and asset owners that are seeking ESG solutions.