Hawaii's ambition to lead in renewable energy faces significant headwinds. A recent report from Hawaii Free Press reveals a concerning trend: over the past five years, a significant number of clean energy projects have been cancelled in the state, casting a shadow over Hawaii's commitment to a fossil-fuel-free future. The implications of these cancellations ripple across the economy, affecting investors, entrepreneurs, and the broader community.
The challenges facing renewable energy developers in Hawaii are multifaceted. Financial uncertainty surrounding Hawaiian Electric (HECO) has led to project withdrawals. Energy-storage.news reported on Clearway's withdrawal of a solar-plus-storage project, citing HECO's
