Ulupono Initiative has invested $175,000 in Volta Industries to help expand its Hawaii network of electric vehicle (EV) charging stations. This investment will help Volta more than double its current network in Hawaii with 15 new free-to‐use charging stations planned for 2013 statewide. To date, Volta and its sponsors have given away more than 120,000 miles of free charging to Hawaii EV drivers.
Ulupono Initiative, a for-profit impact investment firm, is investing a total of $15 million over the next year to finance SolarCity solar power projects in Hawaii. The partnership is expected to increase Hawaii’s solar power generation by approximately five percent, and can be expanded over time.