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STATE OF HAWAII__DEPARTMENT OF TAXATIONFORMN342A (REV. 2020)TAX YEARINFORMATION STATEMENT CONCERNING RENEWABLE ENERGY TECHNOLOGIES INCOME TAX CREDIT FOR SYSTEMS INSTALLED AND PLACED IN SERVICE ON
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Renewable energy technologies are technologies that capture and use renewable resources to generate electricity, heat, or cooling.
Companies or organizations that are using or implementing renewable energy technologies are required to file concerning them.
The relevant forms and documentation must be completed and submitted according to the guidelines provided by the regulatory authorities.
The purpose is to monitor and track the use of renewable energy technologies to promote sustainability and reduce the carbon footprint.
Information such as the type of renewable energy technology being used, its capacity, efficiency, and environmental impact must be reported.
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