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The Kapolei Energy Storage facility on Oʻahu is officially online. With a storage capacity of 565 megawatt-hours, it's the largest storage project in the state.
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Some solar industry advocates say a new rate scheme for Hawaiian Electric's rooftop solar customers could fundamentally change the local energy landscape. On Oʻahu and in Maui County, customer-sited solar is the single largest renewable source of energy available to the grid. On Hawaiʻi Island, it ties with geothermal. HPR's Savannah Harriman-Pote has more.
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For many investors in the stock market, 2023 was a good year. The S&P 500 Index finished the year with a gain of 25%. But for some of Hawaiʻi's most widely-held stocks, the year was much more complicated. HPR's Bill Dorman looks at part of the year's local investor scorecard.
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The electric utility announced Friday that it will start contract negotiations with developers. The projects could produce approximately 517 megawatts from intermittent sources like wind and solar, and about 654 megawatts of firm generation.
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Dubbed Paeahu Solar, the plan proposed in 2018 was to build a 200-acre utility-scale solar array and battery storage system with a Canadian company named Innergex.
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Gov. Josh Green has announced a new $150 million fund for those who lost family members or suffered serious injuries in the fires that swept through West Maui three months ago. Recipients of the fund would not be able to file legal claims related to the fire, including against the initial supporters of the fund: the state, Maui County, Hawaiian Electric and Kamehameha Schools.
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Hawaiian Electric has announced plans to expand its efforts to prevent wildfires in the future. They include solutions such as managing vegetation near power lines, using fire-resistant equipment, and using underground lines.
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Did the state's electrical grid and its operators play a role in causing the fire that destroyed Lāhainā? That's what U.S. representatives wanted to know at a subcommittee hearing. But after two hours of questioning leaders from HECO, the Hawaiʻi State Energy Office and the Public Utilities Commission, lawmakers came away with few new insights. HPR's Savannah Harriman-Pote has more.
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Time-of-use rates were supposed to kick in across Maui, Oʻahu and Hawaiʻi Island for some 17,000 households on Oct. 1. It's now been pushed back until next year for Oʻahu and Hawaiʻi Island residents — and suspended indefinitely for those on Maui.
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Lawsuits related to the wildfires in West Maui continue to develop. One target is Hawaiian Electric and a local bank is addressing concerns about its connection to the utility. Pacific Business News editor-in-chief A. Kam Napier has more.