S&P: Solar, storage delays put Hawaii’s energy transition to the test

Renewable energy resources in Hawaii are helping to wean the state of imported fossil fuels. But project delays are creating challenges as aging coal and oil-fired facilities retire.

Global supply chain headwinds and pricing pressures have created widespread delays and some cancellations for solar and energy storage contracts in Hawaii, putting the state’s energy transition to the test.

Of 18 renewable energy agreements inked by Hawaiian Electric Industries Inc. utility subsidiaries in recent years, only two are on track to meet their guaranteed commercial operation dates, the company said in a May 20 filing to the Hawaii Public Utilities Commission. (Docket No. 2021-0024)

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