Hawaiian Electric finalizes largest-ever renewables procurement

Utility Dive: HECO's 100% renewables goals stretch several islands and will require replacing a set of old and expensive fossil fuel-based resources that have been in service for decades. The finalized RFPs target Oahu, Maui and Hawaii Island; the utility says proposals for Molokai and Lanai will be sought later this summer.

"We've attempted to develop a competitive bidding plan that addresses concerns of all stakeholders while maintaining a fair process to reach our aggressive clean energy goals," HECO senior vice president Jim Alberts said in a statement.

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