A Major Solar Farm Developer Is Pulling Out Of Maui And Oahu Projects 0 Inflation and supply chain disruptions have made the utility-scale solar projects too costly, but the developer is hopeful it’s only a delay.
Building a solar farm is becoming dramatically more expensive, prompting a developer to pull out of a pair of renewable energy projects on Maui and Oahu that would have helped stabilize electricity bills while aiding Hawaii’s green energy transition.
The collapse of Longroad Energy’s proposed 370-acre Pulehu Solar project in Kula and 600-acre Mahi Solar project in Kunia exposes the struggle renewable developers are facing to deliver projects on time and on budget amid unusual supply chain problems, soaring shipping freight rates and rising equipment costs.
Some developers in Hawaii have responded to these mounting market pressures by demanding higher prices for the electricity their planned projects would generate.
