Equipment Finance News Key Equipment Finance funds Hawaii solar project Published: 11th May 2018 Share Key Equipment Finance’s energy solutions team has provided the funding for the first large-scale solar project on Maui, Hawaii, as part of the island’s plan to achieve 100% renewable energy by 2045. The project is a partnership between the Maui Electric Company (MECO) and Florida-based Kenyon Energy. The 11.3-acre solar farm will provide 2.87-megawatts of electricity for MECO’s nearly 70,000 customers on Maui, Molokai and Lanai. Sharon Suzuki, MECO president, said: “Such partnerships are a key component in our efforts to reach 100% renewable energy for our islands. By working together on this ambitious goal, we’re securing long-term affordable clean energy for all our customers, reducing the island’s use of imported fossil fuel, and maintaining safe and reliable electrical service our growing communities depend on.” Pat Sweet Correspondent - Asset Finance Connect Sign up to our newsletter Featured Stories Newsgrenke reports €70m profit in 2024, maintains growth momentum Corporate Member NewsLloyds backs print firm’s green tech investment NewsGerman leasing industry remains key investment driver in 2024 Equipment Finance
