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.

Manufacturers

In the simplest terms, manufacturing is the process of producing actual goods or items/products through the use of raw materials, human labour, use of machinery, tools and other processes such as chemical formulation. This process usually starts with product designing and raw material selection, turning them into an actual product output. 

Solar Products Manufacturers and Factories

In terms of solar, manufacturing encompasses the fabrication or production of materials across the solar market chain. The most common product being manufactured by solar companies are the solar photovoltaic (PV) panels, which are made with several subcomponents such as solar wafers, cells, glass, back sheets, and frames. Before a solar panel comes into life, it will undergo a lot of processes, from designing, modelling, choosing what raw materials to use and then assembling them all to make the final product.

More Than Just Solar Panels

Aside from the solar panels, solar companies have many other manufactured products that are required to make solar energy systems work smoothly, like solar inverters, batteries, combiner boxes, and racking and tracking structures.

Having a solar manufacturing sector makes a big difference in supplying affordable solar energy in different areas. Aside from maintaining the rising domestic and global demand for cleaner and renewable energy, they also help the economy grow, particularly the solar industry. If you are in search of a reliable solar manufacturing company, checking out our solar outsourcing company, SolarFeeds, would help you get easy access to reliable information, news, data and a list of solar manufacturers that can help you with solar products.