1 GW PV Pipeline For New Zealand

Backed By Senior Google Executive, Helios Energy Reveals Solar Plans For New Zealand

1 GW PV Pipeline For New Zealand

The growing solar market of New Zealand has another player. Helios Energy is backed by a private investment from Google executive Urs Hölzle who led the latter’s team that developed its carbon free commitment by 2030. (Illustrative Photo; Photo Credit: liu yangjun/Shutterstock.com)

  • Helios Energy has introduced itself as a new renewable energy player in New Zealand
  • It has developed close to 1 GW of solar energy pipeline across the country over the last 2 years
  • The company says it will be engaging on regulatory settings to support solar developments here and also making site development announcements in the coming months

New Zealand based renewable energy company Helios Energy says it has developed approximately 1 GW of grid connected solar energy pipeline across the country over the last 2 years which it has been ‘quietly developing’.

Led by a team of renewable energy professionals from New Zealand and the US, Helios is backed by a senior Google executive Urs Hölzle who has made a private investment of undisclosed amount contributing to the company’s Series A funding, as well as its solar development pipeline in New Zealand.

Helios management added that Hölzle’s investment is not linked to Google, but identified him as a global leader on decarbonization and renewables development as he led the team that developed the technology giant’s commitment to go carbon free 24×7 by 2030.

“We expect to be making site development announcements and resource consent applications over the coming months. We will also be looking to engage on regulatory settings that can support solar developments right across the country,” said the company’s Director Jason McDonald.

New Zealand is in the news of late for various solar PV projects and partnerships being announced here including a 500 MW joint venture between Genesis Energy and FRV Australia (see 500 MW Solar Joint Venture For New Zealand).

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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