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New Zealand
A brief look at New Zealand’s solar market
Unlike most economies worldwide, New Zealand boasts of colossal renewable energy penetration. Currently, renewables account for 90% of the nation’s total energy consumption. Despite the high degree of renewable energy utilization, solar generation in New Zealand is still at its lowest.
The most recent solar capacity statistics reveal that New Zealand’s grid-connected solar energy stands at 159 Megawatts. This figure is pretty low, considering that the country’s solar potential is 11 Gigawatts. Nevertheless, things are looking up for New Zealand’s solar market due to new solar-centered initiatives.
In December 2020, the government of New Zealand launched a Green Investment finance facility worth US $69 million. Based on this development, forecast studies reveal that solar penetration could reach 9.3 % by 2050, up from 0.2% in 2020. Essentially, New Zealand could have an installed capacity of 300 Megawatts in 2025 and I.1 Gigawatts by 2030. Logically, many projects will have to be implemented to achieve these targets. This will generate opportunities for solar installers and professionals in New Zealand’s solar market.
New Zealand’s solar equipment supply capability
New Zealand has several solar equipment suppliers focusing on different equipment categories, including solar panels, solar water pumps, and charge controllers. Nevertheless, there is a big possibility that you will not find what you need, especially when dealing with large-scale projects. Still, there is a simple solution in such a scenario.
Solarfeeds.com grants you access to 50 solar equipment categories. Kindly visit our inquiry page and place a request. You will receive free quotes in record-breaking time. Also, you don’t have to worry about importation modalities because New Zealand boasts of a healthy network of ports and logistical support frameworks.
Solar Carport Racking used for below projects in New Zealand
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