Hive Energy team targets 350MW PV in New Zealand
- Honest Power as well as Solar South West are also part of the new JV called HES Aotearoa
Hive Energy, Ethical Power and Solar South West have actually launched a new joint venture called HES Aotearoa to establish up to 350MW of solar properties in New Zealand.
The three UK-based companies claimed they have complementary abilities, developing a JV that is fully integrated along the entire worth chain of solar growth-- from site selection to project design, building and construction and also procedure as well as upkeep.
HES Aotearoa claimed it determined New Zealand's potential for utility scale solar advancements because of its absence of grid blockage for links at scale and high solar irradiation.
Solar yields within the country are normally 35-40% more than in the south west of the UK, it stated.
Hive Energy president Giles Redpath said: "This brand-new joint venture with Ethical Power and also Solar South West offers an exciting possibility to deliver Hive Energy's objective to sustain a cleaner, greener future with its pipeline of virtually 350MW of solar possessions.
" New Zealand's superb all-natural problems for solar energy, along with its possibilities for grid connections and support from the Government provides an one-of-a-kind opportunity for HES Aotearoa."