New Zealand

Researchers in New Zealand have developed a new methodology for solar park planning that considers clear-sky radiation for voltage stability analysis. It is based on two different generation profiles for separate purposes.

As Green Finance begins to be seen more and more as global best practice the energy transition can only accelerate. This week, two stories attest to the growing acceptance of green finance by major financial institutions – ANZ Bank has pledged to extricate itself from thermal coal by 2030 and pursue more sustainable policies and Mike Cannon-Brookes supported startup Brighte announces Australia’s first 100% green asset-backed securitisation, $190 million in debt financing for Australians looking to uptake solar and battery storage in their home.

The island nation has agreed a deal with the World Bank’s International Finance Corporation to develop at least 15 MW of generation capacity in a US$15 million project.

Vector Powersmart has completed construction on New Zealand’s largest solar array, which is also, incidently, New Zealand’s largest floating solar array. The 1 MW system isn’t just floating around doing nothing though, it’s generating approximately a quarter of the Rosedale Wastewater Treatment Plant’s energy needs.

New Zealand researchers have proposed a way to assess the technical and economic feasibility of PV-powered parking machines. Solar might be an ideal solution, but the siting of the machines is critical and should be planned in advance, in line with available solar radiation and potential shading.

The New Zealand Government is quickly turning the antipodean rivalry over climate legislation and renewable energy integration into a veritable Bledisloe Cup. This is to say that for Australia the situation is now plain embarrassing. Today, NZ’s Climate Change Minister James Shaw announced six new projects to receive funding as part of its clean-powered public service fund.

With key decisions to be made about the economic recovery from the impacts of Covid-19, New Zealand is taking the high road. The New Zealand Government made significant reforms to its Emissions Trading Scheme, providing a long overdue cap and making progress on emissions reduction solutions for the agriculture industry.

National utility Transpower said that solar could take a 9.3% share of the country’s generation mix by the middle of the century. However, real growth is only forecast to occur from 2035, with distributed generation expected to account for more than 80% of total installed PV.

A report published by the Rocky Mountain Institute makes recommendations for rooftop PV in regions affected by high winds. The study draws on the knowledge of structural engineers asked to analyze 25 solar systems across five Caribbean islands after they were hit by major hurricanes in 2017 and last year.

Wellington Harbour, NZ, will see the Southern Hemisphere’s first zero-emissions electric commuter ferry.