|By PR Newswire||
|December 27, 2012 08:00 AM EST||
LIHU'E, KAUA'I, Hawai'i, Dec. 27, 2012 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) and Kaua'i Island Utility Cooperative (KIUC) today jointly announced the completion of construction of A&B's 6‑megawatt solar PV (photo-voltaic) facility at Port Allen, Kaua'i. The facility is located on a 20-acre parcel of land owned by A&B adjacent to KIUC's Port Allen Station power plant.
The facility, which commenced delivering power to KIUC on December 7, is currently the largest solar generation facility in Hawai'i. The solar facility is expected to generate, on average, approximately 10,200 megawatt hours of electricity per year, and will provide KIUC and its members with clean, renewable solar energy for at least the next 20 years.
"The Port Allen Solar facility, along with our existing hydroelectric facilities at Wainiha and Kalaheo, will generate nearly 40,000 megawatt hours of clean, renewable energy each year, making A&B the leading generator of renewable energy on Kaua'i," said Christopher J. Benjamin, president and chief operating officer of A&B. "We are pleased to provide this power to our partners at KIUC and its member owners, and thank them for allowing A&B to play a continuing role in helping Kaua'i meet its long-term renewable energy objectives, and to continue to deliver clean energy as we've done for over a century. We'd also like to thank the State PUC and Consumer Advocate, Mayor Carvalho and the Kaua'i County administration, the Kaua'i County Planning Commission and the Abercrombie administration for their support of this project along the way."
"Completion of this facility represents a significant step forward in KIUC's portfolio approach to meeting our aggressive long-term renewable energy goals. By utilizing a portfolio of solar, hydroelectric and biomass fueled projects, and a combination of both cooperative and independently-owned facilities, we believe we will be able to meet at least half of Kaua'i's power needs with renewable sources by 2023," said David Bissell, president and chief executive officer of KIUC.
"The Port Allen facility is the first of three utility-scale solar PV projects that will come on line on Kaua'i over the next two years," Bissell added. "The A&B solar facility will supply almost 10 percent of KIUC's daytime electrical load and annually produce about three percent of the total energy used on Kaua'i. By 2015, KIUC expects to draw 50 percent of its daytime electrical load from PV systems, the highest percentage of solar on any grid in the U.S."
The Port Allen Solar facility was developed by A&B's subsidiary, McBryde Sugar Company, LLC. Originally announced in July 2011, the project was constructed in less than nine months from receipt of PUC approval of the Power Purchase Agreement between McBryde and KIUC. The 6-MW polycrystalline panel solar facility is integrated with a 3-MW Battery Energy Storage System (BESS) installed by KIUC at the point of interconnection to the grid. The BESS facilitates greater stability on the KIUC system by maintaining a predictable flow of power from the Port Allen solar facility and other intermittent generation resources.
About Alexander & Baldwin
Alexander & Baldwin, Inc. is a premier Hawai'i land company, with interests in real estate development, commercial real estate and agriculture. With ownership of approximately 88,000 acres in Hawai'i, A&B is the State's fourth largest private landowner, and is one of the state's most active real estate investors. A&B has a diverse portfolio of real estate development projects throughout Hawai'i, and a commercial property portfolio comprising nearly eight million square feet of leasable space in Hawai'i and on the U.S. Mainland. It is also the owner and operator of the Hawaiian Commercial & Sugar plantation on Maui, and a significant provider of renewable energy on the islands of Maui and Kaua'i. Additional information about A&B may be found at www.alexanderbaldwin.com.
Kaua'i Island Utility Cooperative (KIUC) is a not-for-profit generation, transmission and distribution cooperative owned and controlled by the members it serves. Headquartered in Lihu'e, Kaua'i, Hawai'i, the cooperative currently serves more than 32,000 electric accounts throughout Kaua'i. Committed to reinventing how Kaua'i is powered, KIUC is aggressively pursuing diversification of its energy portfolio to include a growing percentage of hydropower, photovoltaic, bio-fuel, and biomass. For more information on Kaua'i Island Utility Cooperative, visit www.kiuc.coop. For more information on renewable energy, visit www.kiucrenewablesolutions.coop.
Statements in this press release that are not historical facts are "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. These forward-looking statements are not guarantees of future performance. This release should be read in conjunction with pages 20-39 of the information statement filed as Exhibit 99.1 to Alexander & Baldwin, Inc.'s registration statement on Form 10 and other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release. We do not undertake any obligation to update our forward-looking statements.
Alexander & Baldwin
Kaua`i Island Utility Cooperative
Suzy P. Hollinger
808.246.4308 / 808.635.2681
SOURCE Alexander & Baldwin, Inc.
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
May. 27, 2015 05:30 PM EDT Reads: 629
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He also discussed Intercloud and Cisco’s investment on it.
May. 27, 2015 05:00 PM EDT Reads: 5,813
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager – Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, will review next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discuss how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Speaker Bios Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has b...
May. 27, 2015 03:45 PM EDT Reads: 1,121
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurring their adoption...
May. 27, 2015 03:37 PM EDT Reads: 324
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cloud Database, which includes its own RESTful API. Trove was originally developed around MySQL, whose interfaces are significantly less complicated than those of the Postgres cloud database. In his session at 16th Cloud...
May. 27, 2015 03:15 PM EDT Reads: 1,122
Software is eating the world. Companies that were not previously in the technology space now find themselves competing with Google and Amazon on speed of innovation. As the innovation cycle accelerates, companies must embrace rapid and constant change to both applications and their infrastructure, and find a way to deliver speed and agility of development without sacrificing reliability or efficiency of operations. In her Day 2 Keynote DevOps Summit, Victoria Livschitz, CEO of Qubell, discussed...
May. 27, 2015 02:00 PM EDT Reads: 5,514
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
May. 27, 2015 02:00 PM EDT Reads: 1,272
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will address the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affec...
May. 27, 2015 01:30 PM EDT Reads: 1,395
Move from reactive to proactive cloud management in a heterogeneous cloud infrastructure. In his session at 16th Cloud Expo, Manoj Khabe, Innovative Solution-Focused Transformation Leader at Vicom Computer Services, Inc., will show how to replace a help desk-centric approach with an ITIL-based service model and service-centric CMDB that’s tightly integrated with an event and incident management platform. Learn how to expand the scope of operations management to service management. He will al...
May. 27, 2015 01:00 PM EDT Reads: 1,384
Working with Big Data is challenging, especially when decision makers depend on market insights and intelligence from your data but don't have quick access to it or find it unusable. In their session at 6th Big Data Expo, Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia; Zel Bianco, President, CEO and Co-Founder of Interactive Edge of Solgenia; and Ermanno Bonifazi, CEO & Founder at Solgenia, discussed how a revolutionary cloud-based BI along with mobile analytics is already c...
May. 27, 2015 01:00 PM EDT Reads: 5,334
The world is at a tipping point where the technology, the device and global adoption are converging to such a point that we will see an explosion of a world where smartphone devices not only allow us to talk to each other, but allow for communication between everything – serving as a central hub from which we control our world – MediaTek is at the heart of both driving this and allowing the markets to drive this reality forward themselves. The next wave of consumer gadgets is here – smart, con...
May. 27, 2015 12:49 PM EDT Reads: 443
Hardware will never be more valuable than on the day it hits your loading dock. Each day new servers are not deployed to production the business is losing money. While Moore's Law is typically cited to explain the exponential density growth of chips, a critical consequence of this is rapid depreciation of servers. The hardware for clustered systems (e.g., Hadoop, OpenStack) tends to be significant capital expenses. In his session at Big Data Expo, Mason Katz, CTO and co-founder of StackIQ, disc...
May. 27, 2015 12:30 PM EDT Reads: 5,178
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
May. 27, 2015 12:00 PM EDT Reads: 1,642
SYS-CON Events announced today that DragonGlass, an enterprise search platform, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. After eleven years of designing and building custom applications, OpenCrowd has launched DragonGlass, a cloud-based platform that enables the development of search-based applications. These are a new breed of applications that utilize a search index as their backbone for data...
May. 27, 2015 12:00 PM EDT Reads: 1,843
As the Internet of Things unfolds, mobile and wearable devices are blurring the line between physical and digital, integrating ever more closely with our interests, our routines, our daily lives. Contextual computing and smart, sensor-equipped spaces bring the potential to walk through a world that recognizes us and responds accordingly. We become continuous transmitters and receivers of data. In his session at @ThingsExpo, Andrew Bolwell, Director of Innovation for HP's Printing and Personal S...
May. 27, 2015 11:30 AM EDT Reads: 3,936
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enter...
May. 27, 2015 11:15 AM EDT Reads: 2,014
SYS-CON Events announced today that EnterpriseDB (EDB), the leading worldwide provider of enterprise-class Postgres products and database compatibility solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. EDB is the largest provider of Postgres software and services that provides enterprise-class performance and scalability and the open source freedom to divert budget from more costly traditiona...
May. 27, 2015 11:00 AM EDT Reads: 1,533
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will addresses this very serious issue o...
May. 27, 2015 10:30 AM EDT Reads: 844
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
May. 27, 2015 09:30 AM EDT Reads: 4,276
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. 8th International Big Data Expo, co-located with 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. As advanced data storage, access and analytics technologies aimed at handling high-volume and/or fast moving data all move center stage, aided by the cloud computing bo...
May. 27, 2015 08:45 AM EDT Reads: 1,452