New Zealand currently sources over 80% of its electricity from renewable sources, primarily Hydro, Geothermal and Wind, and has set a target of achieving Net-Zero emissions by 2050. To achieve Net Zero, the electrification of transport and heat is expected to increase power demand by 68%, requiring an additional 28TWh of renewable generation per annum.

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New Zealand has significant solar resource, with similar levels of irradiation (sunlight) to Southern Europe where it is a widely implemented technology. If NZ is to develop a resilient, environmentally conscious electricity sector, Solar PV should be an integral component.

Some of the key advantages of solar PV include:

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• Low environmental impact (a key advantage over hydro)

• Short, inexpensive lead time to operations (a key advantage over geothermal)

• Forecastable generation profile (more predictable than wind)

 

For a resilient, environmentally conscious electricity sector, Solar PV should be an integral component.

Solar PV is massively underrepresented in New Zealand, comprising less than 1% of total generation capacity, we at Fern Renewables intend to change that.

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