Green Energy Team, LLC, Standardkessel Power Systems Holding
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Green Energy Team (GET), majority owned by a subsidiary of Standardkessel Power Systems Holding, owns and operates a 6.7 megawatt (MW) facility located near Knudsen Gap that converts woodchips from invasive species (albizia), locally grown trees (eucalyptus), and other biomass into energy for approximately 8,500 Kauai households or roughly 10%-13% of Kauai's energy needs per year. GET sells power from the facility to the Kauai Island Utility Cooperative (KIUC) at $0.2466/kilowatt-hour (average price in fiscal year 2018) through January 2036 under a power purchase agreement approved by the Hawaii Public Utilities Commission in 2011. When commissioned, the facility was 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. The reportedly $90 million facility created approximately 200 construction jobs and 40 permanent operating jobs, as well as work for local subcontractors and service providers. Project proponents estimate this facility can replace approximately 3.7 million gallons of oil annually. This facility became operational in February 2015.