Representative Jon Riki Karamatsu
Written Comments
House Bill 334, House Draft 1, Senate Draft 1, Conference Draft 1
Relating to Special Purpose Revenue Bonds; Sopogy, Inc.
Tuesday, May 1, 2007
I rise in support.
This is an exciting time for Hawaii where companies in our state created by local residents are researching and developing technology to produce and store renewable energy. One such company is Sopogy, Inc., which is developing clean electricity from a renewable and abundant resource, the sun, at a price lower than the market price and independent from oil price fluctuations, which is in the best interest of the public. I am happy to play a small role in assisting Sopogy, Inc. by introducing and supporting this measure that would authorize the issuance of special purpose revenue bonds in an amount not exceeding $10,000,000 to assist the company with planning, designing, constructing, equipping, and operating a solar farm power plant at the Natural Energy Laboratory of Hawaii Authority or another suitable site in the state. I look forward to the exciting work of Sopogy, Inc. as they help Hawaii and our world produce clean energy.
Thank you.
JON RIKI KARAMATSU 