trending Market Intelligence /marketintelligence/en/news-insights/trending/WNf36ESI9gSoLtXzhFqLwQ2 content esgSubNav
In This List

Hawaiian Electric, Varentec to install grid voltage technology on Oahu


Japan M&A By the Numbers: Q4 2023


See the Big Picture: Energy Transition in 2024


IR in Focus | Episode 10: Capital Markets Outlook


Infographic: The Big Picture 2024 – Energy Transition Outlook

Hawaiian Electric, Varentec to install grid voltage technology on Oahu

Hawaiian Electric Co. Inc. plans to install Varentec Inc.'s grid voltage regulation technology at three Oahu substations with a high distribution of photovoltaic solar generation.

Varentec will deploy 100 Edge of Network Grid Optimization devices and its Grid Edge Management System platform. The project, co-funded by Elemental Excelerator, is an expansion of the pilot project, which began in August 2016.

The project will help Hawaiian Electric reach its goal of 100% renewable portfolio standard objectives by 2045 through reducing voltage fluctuations and increasing residential photovoltaic hosting capacity into the power grid at a lower cost to customers in the Kahuku, Waimanalo and Manoa neighborhoods of Oahu.

"Our first pilot project with Varentec let us test cutting-edge technology to open up capacity for rooftop solar on two PV-saturated circuits and also minimize the need for costly upgrades," Hawaiian Electric Senior Vice President of Planning and Technology Colton Ching said in a Dec. 19 release. "We're excited to expand our pilot into other service areas and learn more about these new technologies as we modernize our electric grid."

Hawaiian Electric Co. is a subsidiary of Hawaiian Electric Industries Inc.