EQS-News

Photon Energy Expands Footprint in Australasia, Signing a 20.8 MWp EPC and O&M Contract in New Zealand

Issuer: Photon Energy NV / Key word(s): Contract Photon Energy Expands Footprint in Australasia, Signing a 20.8 MWp EPC and O&M Contract in New Zealand 20.05.2024 / 14:53 CET/CEST The issuer is solely responsible for the content of this announcement. Photon Energy Expands Footprint in Australasia, Signing a 20.8 MWp EPC and O&M Contract in New Zealand

• Located in Pukenui in the Far North District of the North Island of New Zealand, the project is owned by Aquila Clean Energy APAC and Far North Solar Farm (FNSF).
• This project signifies Photon Energy Group’s expansion into the New Zealand market, and will draw on experience gained in Australia and throughout Europe.
• Upon completion, Photon Energy will be engaged to provide operations and maintenance (O&M) services.

 

Amsterdam/Sydney – 20 May 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’, the ‘Company’ or the ‘Issuer’) has announced that it has signed an EPC and O&M contract for a 20.8 MWp solar project in New Zealand which is owned by Aquila Clean Energy APAC and Far North Solar Farm (FNSF).

“The project marks a significant milestone, as it is our first solar project in New Zealand and reperesents our expansion in this region. We are delighted to work with Aquila Clean Energy APAC and FNSF to build their first solar power plant in this market,” said Georg Hotar, CEO of Photon Energy Group.

The project is located in Pukenui in the Far North District of New Zealand. It will  be equipped with high-efficiency solar PV modules mounted on a mix of fixed east-west and north facing ground mount.

With construction works currently underway, the facility will be comprised of solar modules with a total capacity of 20.8 MWp, connected to the Top Energy network.

The project represents Photon Energy’s first utility-scale project in New Zealand and will be one of the first utility-scale projects to be developed by Aquila Clean Energy and FSNF in the country. Photon Energy was also selected to provide ongoing O&M services for the project.