The Blue Planet Foundation gave Hawaii a "C-" grade for its ongoing effort to change from an oil-dependent economy to one fueled by clean energy.
Hawaii's performance varied widely in five key metrics, ranging from a "D" in the transportation sector to a "B" in energy efficiency, according to the organization's first Energy Report Card for Hawaii, set to be released today at the Asia Pacific Clean Energy Summit.
The U.S. military is one of the most motivated parties when it comes to decreasing our reliance on foreign oils and a recent $30 million investment by the U.S. Navy proves it. The Navy's commitment to The Energy Excelerator, a Hawaii-based accelerator program for clean energy start-ups, will help the company put money into tech developments in three main areas: integrating renewable energy into the electric grid, reducing the use of oil in transportation and energy efficiency.
The holding company for the state's largest utility and American Savings Bank gave a progress report on its clean-energy target Thursday while announcing that second-quarter earnings rose 4.6 percent from the year-earlier quarter.
A Hawaiian Electric Co. report outlining its strategy for meeting the energy needs of its customers fell short in several areas and did not adequately address the impact of the rapid growth of rooftop solar photovoltaic systems on the utility's grid, according to consultant hired by state regulators to oversee the planning process.
Statewide, companies installed 109 megawatts of solar PV in 2012, good for seventh in the nation, and in the first quarter of this year, Hawaii companies installed 44 megawatts of solar PV, enough to put the state in third place, behind California and New Jersey.
The U.S. Solar Market Insight 2013 First Quarter Report noted that solar PV installations totaled 723 megawatts, up 33 percent over first quarter 2012 statistics.