Lodestone Energy pens ‘landmark’ solar agreement in New Zealand

Lodestone Energy and Trina Solar completed an agriPV project in New Zealand. Lodestone Energy signed a solar agreement with Inghams to provide renewable electricity via solar PV power plants in Bay of Plenty and Coromandel. The agreement aims to meet Inghams' electricity demand with 100% solar power. In response to electricity market volatility, the agreement safeguards Inghams. The article discusses the impact of hydropower reduction on electricity prices in New Zealand and government policies. Inghams CEO praises Lodestone's renewable energy proposition. Lodestone will supply RECs to Inghams as part of the deal. Lodestone and Trina Solar previously collaborated on building the Rangitaiki Solar Farm using Trina's modules and trackers for agrivoltaics plants in New Zealand.

Source:

https://www.pv-tech.org/lodestone-energy-pens-landmark-solar-agreement-in-new-zealand/

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