New Zealand Green Investment Finance (NZGIF) has invested $10 million in solar energy services company solarZero, to support the growth of the company.
The solarZero smart solar energy service provides households with more than solar panels. Its systems include solar PV and battery hardware, smart management systems, as well as real-time monitoring to help improve energy efficiency within the home.
These technologies, in turn, extend the benefits of renewable energy beyond individual households. solarZero’s smart technology enables individual solar PV and battery systems to be linked to a ‘virtual power plant’ that supports the resilience of the electricity grid and local lines systems, especially at times of peak power demand.