Updated: Molokai Ranch Says No to Wind Project
Molokai Ranch announced it has called off a deal to lease thousands of acres to wind developer Molokai Renewables. The decision likely means the end to a large-scale wind project on Molokai, which would have supplied electricity to Oahu via an undersea transmission cable.
“After much consideration and discussions with Molokai Renewables, we made the decision not to renew the agreement for the proposed wind farm project on Molokai Ranch lands at this time,” said Clay Rumbaoa, Molokai Ranch CEO, in a statement last week.
Molokai Renewables is a joint venture between California-based Pattern Energy and environmental investment company Bio-Logical Capital, based in Colorado.…