Industry Renewable energy Area served Hawaiian islands Owner Joseph Saturnia Founded 2007 Type of business Private | Founder Joseph Saturnia Products Renewable energy Headquarters Honolulu Number of employees 20 | |
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Key people Joseph Saturnia President | ||
Island pacific energy
Island Pacific Energy is a solar installation company and solar energy facility provider in the State of Hawai‘i.
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History
Island Pacific Energy was founded in 2007 as a solar energy provider. The original headquarters were located at the Manoa Innovation Center. In 2009, Island Pacific Energy moved their offices to the Foreign Trade Zone located at 521 Ala Moana Blvd in Honolulu, Hawaii.
As a solar energy provider, Island Pacific Energy owns, operates and maintains the photovoltaic systems on the roofs of commercial and non-profit entities and sells the clean renewable energy that is generated to the customer under long term power purchase agreements. This arrangement enables customers who cannot take advantage of the incentives (tax credits) to still reap the economic benefits of solar power. Island Pacific Energy was the first company to execute a power purchase agreement with a non-profit entity in the state of Hawaii.
In 2009, Island Pacific Energy expanded their offering to include the installation of photovoltaic systems for residential and commercial customers.
Island Pacific Energy currently operates a portfolio of solar energy facilities as well as actively installs photovoltaic systems for residential, commercial, non-profit and government entities.
Awards and achievements
Island Pacific Energy has been the recipient of numerous awards and achievements.
Commercial installations
Island Pacific Energy has provided solar power for an extensive list of companies and organizations throughout Hawaii:
Island Pacific Energy is one of three companies (and the only Hawai‘i company) as the recipient of a $500MM contract to provide solar energy to the United States Navy facilities across the State of Hawai‘i.
Residential installations
Island Pacific Energy installs photovoltaic solar systems for residential customers on Oahu only. Island Pacific Energy offers a variety of financing options including no-money down options where customers use their savings to pay for the systems.
Memberships and associations
Island Pacific energy is an active member of the following organizations: