HNU ENERGY CONVERTED MAUI'S PI'ILANI VILLAGE SHOPPING CENTER TO RENEWABLE ENERGY

WAILUKU, MAUI, HAWAII: Maui-based HNU ENERGY has entered into a wide-ranging, long-term agreement with The Krausz Companies, Inc. to convert its Pi'ilani Village Shopping Center to clean, renewable energy. The agreement includes LED lighting, distributed solar photovoltaic power generation, and sophisticated system-wide monitoring and maintenance protocols.

HNU ENERGY CONVERTED MAUI'S PI'ILANI VILLAGE SHOPPING CENTER TO RENEWABLE ENERGY



WAILUKU, MAUI, HAWAII: Maui-based HNU ENERGY has entered into a wide-ranging, long-term agreement with The Krausz Companies, Inc. to convert its Pi'ilani Village Shopping Center to clean, renewable energy. The agreement includes LED lighting, distributed solar photovoltaic power generation, and sophisticated system-wide monitoring and maintenance protocols.

"We are very pleased to work on such a large and comprehensive project with a firm as highly regarded as Krausz," says Dan O'Connell, CEO of HNU ENERGY. "This project will serve as a prototype for other Krausz properties, while providing a hands-on career learning experience for University of Hawaii Maui College student interns."

The Krausz Companies, Inc., which owns and operates multiple community-oriented shopping centers in the state, specializes in the acquisition, development, and management of high quality, well-located retail, office, industrial, and mixed-use properties throughout the United States. With a track record spanning more than four decades and over $1 billion in development and investment, Krausz has built a reputation for innovation, experience, and quality.

Krausz' has owned the 15 acre Pi'ilani Village Shopping Center, located in the heart of booming Kihei, since 2003. Under its ownership, Krausz has positioned Pi'ilani Village's 148,821 square feet of retail space to meet the year-round needs of residents and visitors alike.

Searching for an environmentally-conscious, clean energy solution to its energy needs, Krausz contacted several renewable energy providers to solicit ideas and bids. The overall project scope includes conversion to LED lighting for parking and public areas, distributed photovoltaic power generation throughout the complex, and continuous long-term system maintenance and performance monitoring of all components down to the individual panel level.

Of all candidates submitting proposals, Krausz selected Maui's own HNU ENERGY, primarily for its unique combination of electrical, optical, and mechanical engineering expertise. "HNU delivered as promised, on schedule, and to a very high standard. HNU ENERGY's experience and competence made the difference when they were able to source materials on a very short timeframe, and devote the needed resources to complete this complex project quickly and proficiently."

Krausz sees this clean energy initiative as a concept test for other future commercial centers, including its planned 320,000 square foot "Downtown Kihei" sustainable, mixed-use community on approximately 30 acres adjacent to its Pi'ilani Village Shopping Center.

Of particular interest to Krausz are the maintenance and monitoring components of the current project. Key findings will increase renewable energy system efficiencies as future centers are built or converted. The Pi'ilani Village project includes 20 years of monitoring and maintenance of all system components, staffed largely by student interns from University of Hawaii Maui College ("UHMC"). "HNU ENERGY has relied on interns from UHMC for many years," says HNU's O'Connell. "We provide a challenging learning environment and part time employment while the interns give us valuable assistance."

"Our reciprocal arrangement with HNU ENERGY benefits everyone", adds Clyde Sakamoto, Chancellor of UHMC. "Our students concentrating in the Sustainability and Environmental Engineering fields gain hands-on experience in renewable energy systems at HNU. This real world, cutting edge experience better equips our students for well-paid future careers, while helping HNU increase much needed energy efficiency here on Maui."

The long-term monitoring plan will track glass and silicon degradation over 20 years while quantifying the impact of scheduled cleaning and maintenance on performance and longevity at the individual panel level. Findings from this data will have implications for a wide spectrum of PV installations, from simple residential, to complex commercial, to PPA financing entities.

While the initial scope of the Pi'ilani Village project is broad, there are future plans under consideration to expand the project to incorporate on-site energy storage and other LED conversions.

Based in Wailuku, Maui, Hawaii, HNU ENERGY is a subsidiary of HNU Photonics, a fully integrated science and technology company, devoted to incubating innovative ideas into state of the art products with commercial, scientific, and military applications. Among many other contributions to energy efficiency, HNU ENERGY's award winning "MAREXIM-HNU" LED lighting products are rapidly gaining recognition for high quality and performance in an increasingly crowded marketplace for high efficiency lighting.

FOR FURTHER INFORMATION CONTACT:
Monica Kelsey
HNU Energy
1765 Wili Pa Loop
Wailuku, HI 96793
808-244-7800
info@hnuenergy.com





PI'ILANI VILLAGE SHOPPING CENTER, MAUI


Dan O'Connell, CEO
HNU Energy







F. Ron Krausz, President and Chief Executive Officer
The Krausz Companies, Inc.

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