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July 5, 2007

Renewable Energy Access

Hawaii Approves $10 M for Solar Farm Bonds

June 29, 2007 – Honolulu, Hawaii []

Sopogy, Inc. recently announced it received Governor Linda Lingle’s approval for the issuance of special purpose revenue bonds. Act 229 authorizes the issuance of $10,000,000 in special purpose revenue bonds to Sopogy Inc., to assist with planning, designing, constructing, equipping and operating a solar farm power plant at the Natural Energy Laboratory of Hawaii Authority or another suitable site in Hawaii. “This is an important step in supporting renewable energy and helps break Hawaii’s bonds to imported fossil fuels. We commend the leadership and vision of Vice Chairman Jon Riki Karamatsu who authored the bill, the 2007 Hawaii State Legislature, and Governor Linda Lingle,” said Darren T. Kimura, President and CEO of Sopogy Inc.

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