HONOLULU (HI Now) - Shifted Energy is helping to stabilize Hawaiʻi’s electrical grid and lower energy costs by transforming water heaters into smart energy storage devices. With a focus on serving low- and moderate-income households, Shifted is creating scalable energy solutions rooted in local innovation. Through the ʻĀina Aloha Economy Fund—developed by Hawaiʻi Investment Ready and managed by Mission Driven Finance—Shifted Energy received flexible, impact-driven financing tailored to support social enterprises. The investment was further strengthened by the Hawaiʻi Green Infrastructure Authority’s federally funded HI-CAP Collateral Support Program, helping reduce investment risk and unlock new capital. Together, this partnership showcases how philanthropy, private capital, and public programs can work together to power Hawaiʻi’s economic innovation and resilience.
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