Infratec at Pacific Energy Summit
The Infratec team turned up in force to the Pacific Energy Summit, an event co-hosted by the New Zealand Government and the European Union.
The aim of the summit was to move Pacific nations closer to achieving 50% of their electricity from renewable energy sources and reduce their reliance on expensive diesel fuel for power generation.
The summit provided Infratec with a valuable opportunity to showcase the $18.6m Bamyan Renewable Energy Project in Afghanistan and to meet with potential business partners, project financers and key project stakeholders from the Pacific region
The Infratec stand featured solar products from our partner LS Industrial Systems of Korea as well as videos and photos of the Bamyan project.
The stand was well attended over the course of the event, including a surprise visit from Minister of Foreign Affairs Hon. Murray McCully and co-host European Union Commissioner Andris Piebalgs who met with the team and welcomed our plans to leverage off our experiences in Bamyan and seek new project opportunities in the Pacific.
At the conclusion of the Summit, Hon. Murray McCully announced that donors had pledged a total of $635 million, with $255 million in grant funding and $380 million in concessional loans to fund over 40 renewable energy and efficiency projects across the region. This could provide several opportunities – ranging in value from $1m to $20m – that Infratec could be involved in as a sole contractor or construction partner.
While it is still early days for the company, our connection to South Canterbury's community-owned Alpine Energy and the NETcon contracting arm in Timaru means we can contract people with expertise across construction, distribution, engineering, logistics and finance.
With our strategic relationship with LS Industrial Systems, Infratec can provide end to end design, development and construction of utility-scale grid connected and off-grid solar photovoltaic systems to meet the needs of our clients.