Scoops: Who’s moving, buying, opening, changing, winning

January 13, 2009
Business News - Local News

Pacific Business News (Honolulu) – by PBN Staff

Renewable energy energizes retired HECO executive

T. Michael May, who retired Aug. 1 as CEO of Hawaiian Electric Co., has teamed up with local entrepreneurs to find renewable energy sources for Hawaii.

May, 62, has equity ownership and is a board member of Sopogy, which specializes in solar power collectors. He also has equity ownership in Natural Power Concepts, an alternative energy technology incubator. And, he is involved in at least two other soon-to-be-named tech firms run by entrepreneurs in their 30s.

“It’s invigorating to be with people who have a passion for what they are doing and using their experiences and skills to quickly launch new dreams in products,” May said, adding that most of his time this year will be spent capitalizing on new ventures, and taking the ideas to market.

His wife, Carol Ai May, vice president of City Mill, thought he would take it easy during retirement.

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