Our Clean Energy Portfolio
2022 Report on Green Bond
The entire proceeds from the Hawaiian Electric Company, Inc. $50 million Senior Notes, Series 2020A (“Green Bond”) funded the West Loch PV Project (a 20 MW grid-tied, as-available, renewable PV generation system).
|West Loch PV generation in 2022|
|Oahu Sales (MWh)||6,210,797|
|Consolidated Hawaiian Electric Sales (MWh)||8,353,955|
|Oahu RPS Contribution (%)1||0.6%|
|Consolidated RPS Contribution (%)1||0.5%|
1 In July 2022, Governor Ige signed Act 240 that amended the RPS calculation from a percentage of sales to a percentage of generation. For consistency with prior reporting, the RPS provided herein continues to use the percentage of sales definition.