Oracle CEO Larry Ellison had bought the Hawaiian Island of Lanai four months ago for an astounding $500 million – a dream for some folks maybe like Ellison who envision themselves owning their very own island.
But owning is one thing and improving is another. And Ellison bares in an interview his plans, one of which is to make the Lanai Island a solar-powered paradise where electricity needs can be addressed.
To do this, Ellison bares that solar thermal and photovoltaic cells, organic farms and desalinization plants are among the things he has lined up to reinforce his island. The move is expected to benefit the 3,000 residents of the island although Ellison may have to do some pencil-pushing to convince the island folks of his ambitious plans for the island and for its inhabitants.