Hawaii solar support programme fails to meet expectations – report
June 14 – Low-income residents in Hawaii have made use of less than 1% of the funds available under a USD-150-million (EUR 134m) solar financing programme following its launch last summer, the Honolulu Star-Advertiser reports.
So far, just 11 solar systems have been installed with financing under the Green Energy Market Securitization (GEMS) programme. One reason for the weak interest is said to be the long application process, while the fact that the net metering programme was ended recently also hurts demand, the newspaper says.
However, Hawaii Green Infrastructure Authority executive director Tara Young said, as cited by the newspaper, that applying for financing is going to become easier now that there is the possibility to do so online.
According to Young, it is not surprising that a complex programme like GEMS is facing obstacles following its launch.
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