Green Energy Team, LLC, Standardkessel Power Systems Holding
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Green Energy's 6.7 megawatt (MW) facility burns woodchips from locally grown eucalyptus, albizia, and other agricultural (waste) biomass to generate enough renewable electricity to power 8,500 Kauai households, or roughly 10%-13% of Kauai's energy needs. Green Energy, majority owned by a subsidiary of Standardkessel Power Systems Holding, sells power to the Kauai Island Utility Cooperative (KIUC) at $0.1393/kilowatt-hour through January 2036 under a power purchase agreement approved by the Hawaii Public Utilities Commission (PUC) in October 2011. The facility is one of the first closed-loop biomass-to-energy facilities in the United States and was partially funded through a loan guarantee from the US Department of Energy. It created approximately 200 construction jobs and 40 permanent operating jobs, as well as work for local subcontractors and service providers. This facility became operational in January 2016.