HONOLULU (HawaiiNewsNow) - A landmark property will soon feature Downtown Honolulu's largest solar installation.
Hawaii Pacific University is expanding the photovoltaic system that crews are installing on the rooftops of the Aloha Tower Marketplace.
The expansion will more than double the capacity of the system to 660 kilowatts.
HPU officials said the project would save the school an estimated $1.7 million over the 20-year power purchase agreement.
"HPU is always looking at sustainable efforts. Obviously, we also want to control costs for our students and so the PV program allows us to stabilize our utility costs for the future," said Bruce Edwards, HPU's chief financial officer. "Right now, our tuition rates are $24,200 a year and so we'll avoid some of the increases that we might have to pass along to students by doing this project."
The first phase is expected to be operational by the end of this summer. The installation of the second phase is scheduled to be finished by early 2019.
As part of the power purchase agreement, HPU may consider a third solar installation.