Real Estate Maui Hawaii Blog

Mark and Lisa bring you the latest on the Hawaii real estate market, events, fundraising benefits, news, sports, new island developments, tips to help you buy or sell a home and more. Subscribe to receive updates on our weekly blog today!

Department of Energy Highlights Hawaii's Clean Energy Efforts

Hawaii's Green Energy Market Securitization program drew praise from the US Department of Energy.
December 11, 2015

Department of Energy Highlights Hawaii's Clean Energy Efforts

West Maui Real Estate

The United States Department of Energy recently praised a handful of states, including Hawaii, for innovative clean energy financing programs that inspire investments. Hawaii's Green Energy Market Securitization (GEMS) program especially drew attention from the Department of Energy for its success in driving capital markets to provide clean energy financing for consumers that are less likely to afford the upfront cost, like non-profits and renters.

The report aptly summarized Hawaii's current situation regarding clean energy in the following statement:

“Spurred by the realization that Hawaii’s overreliance on oil is unsustainable for the long term, the state has implemented policies to dramatically shift away from imported oil. Since 2008, the state has characterized this agenda as the Hawaii Clean Energy Initiative. The initiative, which began as a groundbreaking partnership between the state, DOE, the military and the private sector, is now in its second phase.”

If you'd like to read more, follow this link to the .pdf of the Department of Energy report. As the report verifies, Hawaii is currently pursuing a 100 percent renewable energy goal so as to reduce energy cost resulting from dependence on imported oil. The state aims to reach this goal by the year 2045. This progress certainly isn't hurting the Maui real estate market, as investors continue to buy up property in Hawaii.

According to the report, the GEMS program is a valuable tool in our march to attain our clean energy goals. Just this year, the program launched both its consumer and non-profit solar photovoltaic products. Next in line is a commercial solar PV product, along with efforts toward financing commercial energy efficiency.

If you're curious which other states appeared in the report, those are California, Connecticut, Florida, New Jersey, New York, Ohio and Oregon. Each of these states have their charms, but there's no place like Hawaii. On that note, if you're interested in assistance with your Maui real estate search, you'll find our contact information at the bottom of the page. Mahalo!

Blogs for December 2015

November Maui Real Estate Market Performance

Posted on December 25, 2015
November Maui Real Estate Market Performance

Interested in Maui real estate trends? The savvy buyer will keep track of the fluctuations in the market to choose the best investment at the best time. With that in mind, November's statistics should be interesting, and when the data is released for December, we'll… Continue Reading

New Condominium Project Planned for Kihei

Posted on December 18, 2015
New Condominium Project Planned for Kihei

A $13 million, 39-unit hotel-condominium project is in the works for Kihei via Victory Development Inc. and headed by realtor Greg Walker, an owner of Maui's Victory Realty LLC. The development would be located near the Kihei Kai Nani hotel-condominium.

The "Nani Loa Condominium-Hotel"… Continue Reading

Department of Energy Highlights Hawaii's Clean Energy Efforts

Posted on December 11, 2015
Department of Energy Highlights Hawaii's Clean Energy Efforts

The United States Department of Energy recently praised a handful of states, including Hawaii, for innovative clean energy financing programs that inspire investments. Hawaii's Green Energy Market Securitization (GEMS) program especially drew attention from the Department of Energy for its success in driving… Continue Reading

Permit for South Maui Hydro Power Project Canceled

Posted on December 04, 2015
Permit for South Maui Hydro Power Project Canceled

A lot of interesting developments are marching right along here, including several South Maui real estate projects, but an interesting twist recently came down the pipeline regarding a pumped hydro storage project. The project's preliminary permit was canceled by the Federal… Continue Reading

Archives
Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

Coldwell Banker Island Properties
Shops at Wailea, Suite B-35
3750 Wailea Alanui * Kihei, HI 96753
Meyer Computer, Inc.
Web Services provided by Meyer Computer, Inc.
Web Hosting & Design