Photon Energy signs 1st solar services contract in New Zealand

Amsterdam-based renewables developer Photon Energy NV (WSE:PEN) will provide engineering, procurement and construction (EPC) and operation and maintenance (O&M) services for a 20.8-MWp solar project in New Zealand.

The company said on Monday it has signed the contract to provide these services for the Pukenui project in the Far North District of New Zealand.

Pukenui is owned by a joint venture between Germany’s Aquila Clean Energy APAC and Auckland, New Zealand-based renewables developer Far North Solar Farm (FNSF). The companies last week announced reaching a financing agreement for Pukenui and other projects in their joint portfolio in the country.

The Pukenui plant will be equipped with high-efficiency solar PV modules mounted on a mix of fixed east-west and north facing structures. Construction works are currently underway, Photon Energy said.

The EPC and O&M contract has enabled Photon to enter the New Zealand market and expand its activities in the Australasia region, after already establishing operations in Australia.

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