First Wind Receives DOE Loan Guarantee to Finance Construction of Oahu-based Kahuku Wind Project


03/05/2010 – First Wind, an independent US-based wind energy company, today was offered a conditional commitment from the US Department of Energy (DOE) for a $117 million loan guarantee to finance the construction of its proposed 30 megawatt (MW) Kahuku Wind project. Located in Kahuku, Hawaii, the project will have the capacity to generate enough clean, wind energy to power about 7,700 Oahu homes each year. First Wind plans to include innovative technology in this project, including a battery energy storage system.


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