星期一, 9月 27, 2021
Home PV News Europe Hive Energy and partners launch JV to develop 350MW of PV in...

Hive Energy and partners launch JV to develop 350MW of PV in New Zealand

An operational PV project from Hive Energy in Spain.

Source:PVTECH

Three UK solar companies have launched a new joint venture (JV) that will develop a pipeline of nearly 350MW of utility-scale PV plants across New Zealand.
Hive Energy, Ethical Power and Solar South West said the JV, dubbed HES Aotearoa, will combine their knowledge in areas spanning site selection, project design, construction, and operations and maintenance.
The trio identified New Zealand’s significant potential for solar due to its lack of grid congestion and high levels of irradiation, with solar yields in the country said to be typically 35 – 40% higher than the southwest of the UK.
New Zealand’s prime minister, Jacinda Ardern, last year pledged to bring forward the country’s target of 100% renewable electricity generation from 2035 to 2030.
“New Zealand’s excellent natural conditions for solar energy, along with its opportunities for grid connections and support from the government presents a unique opportunity for HES Aotearoa,” said Giles Redpath, CEO of Hive Energy.
The announcement follows Hive acquiring a 50% stake in Ethical Power last year, combining both companies’ portfolios and facilitating the delivery of more than 2GW of solar.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

GRIDCO Gets Regulatory Approval to Procure Solar Power at ₹2.75/kWh from a 40 MW Project

The Odisha Energy Regulatory Commission (OERC) has approved the power purchase agreement (PPA) signed between Grid Corporation of Odisha (GRIDCO) and?NHPC Limited?for procuring 40...

Residential Solar System Sizes Continue to Rise in the U.S.: Berkeley Lab

The Berkeley Lab has found that solar photovoltaic (PV) system sizes continue to grow in the United States. In 2020, the median was 6.5...

IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response

The Indian Renewable Energy Development Agency (IREDA)’s tender for setting up manufacturing capacities for vertically-integrated high-efficiency solar modules under the production-linked incentive (PLI) program...

Nanoparticle Paste to Maximize Perovskite Solar Cells’ Efficiency Developed

Researchers at the ITMO University’s School of Physics and Engineering have developed a paste of titanium dioxide and resonant silicon nanoparticles to maximize perovskite...