Business Report - 8/13/15

Business Report - 8/13/15

HONOLULU (HawaiiNewsNow) - We often talk about how the 1% live - how do the 1% get a vacation rental? The answer, in some cases, is Invited Home, which just made the Inc. magazine list of 500 fastest-growing private U.S. companies. Invited Home is based in Colorado but has listings on Maui, mostly homes worth 1 to 10 million dollars for rent by vetted vacationers.

Another interesting new company is on the Big Island - Pedego Electric Bikes has opened a rental franchise in Kona - Craig and Michelle Pivo plan a grand opening on August 29th - Pedego is based on Orange County and is now sold in 800 stores in 40 countries.

Earl Bakken, inventor of the first battery-powered pacemaker and founder of Medtronic, lives on the Big Island these days, in Pa'auilo. And Bakken is the proud owner of the world's largest residential solar power installation. It was installed by Renewable energy Services using a smart module system by Tigo Energy of Los Gatos, California. The remotely-monitored system can generate 350 megawatt hours of electricity per year.

As the world astronomy conference continues at the Hawaii Convention Center, attendees are giving back by giving talks to local schools. The keiki at Hookele Elementary got to see Jeffrey Bennett, who wrote "Max Goes to the Moon" and "Max Goes to Mars" and "Max Gets Into an Argument with the Man in the Yellow Hat About Whether Pluto is a Planet." No! I made that last one up.

Copyright 2015.  Hawaii News Now.  All Rights Reserved.