Hawaiian bioenergy project could be up for $100 million in federal tax credits

In Hawaii, if Hu Honua Bioenergy can start producing wood-based power by year’s end, the company says it will qualify for $100 million in federal tax credits for renewable energy investments. The $260 million project has met a number of legal hurdles as well as flooding that kept it from starting up production last year as planned. The company still has to wait for two permits to be approved before it can start operating, however.