Hawaii HB1403 appropriates funds for geothermal energy exploration on Hawaii island.
Hawaii HB1403 allocates $6,000,000 for fiscal years 2025-2026 and 2026-2027 to explore and identify geothermal resources on Hawaii island. The funds will be managed by the Department of Business, Economic Development, and Tourism. The bill aims to continue geothermal energy exploration, overseen by the Hawaii Technology Development Corporation, and to develop a utility-scale power station. Hawaii island is identified as the most promising location for geothermal energy development in the state.
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