The Hawaii Ocean Science and Technology (HOST) Park, administered by the Natural Energy Laboratory of Hawaii Authority, is a unique incubator and green economic development project located in Kailua Kona, Hawaii. The park's abundant sunlight and sea water resources make it a prime location for the demonstration of cutting edge renewable energy technologies including OTEC, solar, biofuels from microalgae, energy storage and micro-grid R&D. HOST Park is also home to a variety of state of the art facilities that successfully create and commercialize seawater, aquaculture, and nutraceutical products. Over 40 companies are located in the park and generated almost $100 million in economic activity in 2012.