Hawaii firm to export biofuels to South Korean firm

A Hawaii renewable energy company is planning to export biofuels to a South Korean company that supplies electricity to the island nation.

According to West Hawaii Today, Hawaii-based Lamplighter Energy in Hawaii will announce the agreement with Hanbo Energy Korea at the state Capitol next week Tuesday (31 January, 2017).

Lamplighter CEO Andre De Rosa said the company will export biofuel in pellet form. He said the pellets will provide enough biofuel to continuously power 320,000 homes in South Korea.

De Rosa said Hawaii utilities aren’t ready to buy that much biofuel right now but could purchase some in the future.

Hawaiian Electric CEO Alan Oshima said the company will eventually expand the small amount of biofuel it’s using. He said that he was open to any source or technology to help the utility meet the goal of 100% renewable energy by 2045.