Representative Jon Riki Karamatsu
Journal Written Remarks – Day 24
March 1, 2007
House Bill 334, Relating to the Issuance of Special Purpose Revenue Bonds to Assist Sopogy Inc., in the Development of Renewable Energy
I rise in support.
This bill would authorize the issuance of special purpose revenue bonds in a total amount not to exceed $10,000,000 for the purpose of assisting Sopogy Inc. with the planning, designing, construction, equipping, and operating Sopogy Inc.'s solar farm power plant at the Natural Energy Laboratory of Hawaii Authority or at other suitable sites in Hawaii. Sopogy Inc. is a renewable energy company based in Hawaii that was spun-off of Hawaii's own Energy Industries. Its purpose is to bring renewable solar energy technologies to Hawaii and its people for the betterment of clean air, independence from imported fossil fuels, and energy stability. This local company is helping in our goal to diversify our economy and make our state more energy efficient.
Thank you.
JON RIKI KARAMATSU 