turnkey solar diesel hybrid storage EPC contract price in New Zealand

Are solar EPC contracts common in New Zealand?

However, EPC contracts are not common in the domestic construction industry – there is no market ‘standard’ form in New Zealand. Consequently, in New Zealand the solar EPC contracts are either based on the FIDIC suite, or bespoke agreements used by private developers in other jurisdictions.

Should a project be delivered under an EPC or turnkey contract?

One of the main drivers for and major advantages delivering a project under an EPC or turnkey contract, as opposed to adopting a multi-contract approach, is that project developers and project finance lenders have a single point of responsibility.

Who is the leading solar EPC Company in New Zealand?

Leveraging on the 13 years of international experience in the solar industry and the support of all Ethical Power Group companies, we are quickly becoming the leading solar EPC company in New Zealand. With our global procurement capacity and expertise, we supply the best components and the most cost-effective solutions.

Where is solar EPC based?

Headquartered in Auckland, we operate across New Zealand. Latest news and insights. With 13 years of international experience in the solar industry, we are quickly becoming the leading solar EPC company in New Zealand.

Will EPC contracts provide for the handover of a solar facility?

EPC Contracts will not provide for the handover of the solar facility to the Project Company, and the PPA will not become effective until all commissioning and reliability trialling has been successfully completed.

Should you choose an EPC contract for a solar project?

Given the significant monetary value of EPC Contracts, and the potential adverse consequences if problems occur during construction, the lowest price should not be the only factor used when selecting a Contractor. As noted earlier, an EPC Contract is one of a suite of agreements necessary to develop a solar project.

EPC contracting in the New Zealand solar market

This article highlights key considerations for new entrants looking to enter into an EPC Contract in the New Zealand solar market.

Renewable energy project services in New Zealand

Solar engineering, procurement and construction (EPC) services for Aotearoa. We first entered the New Zealand market in through a joint venture between Ethical Power, Hive Energy and Solar South-West, called HES Aotearoa (HESA).

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Key issues in contracting for renewable energy

However, until recently, they have not been as frequently or commonly used in New Zealand, and there is currently no New Zealand standard form EPC contract available for use by renewable energy developers.

EPC contracts in the solar sector

The Project Company needs only to turn a key to start operating the facility, hence EPC Contracts are sometimes called ‘turnkey’ construction contracts. The Contractor must deliver the

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