Solar lights up Pacific Islands

Power Technology Components

Kiwis who travel to the Pacific Islands can testify to the often unreliable nature of the power supply – an issue which creates major market opportunities for Power Technology Components.

The 30-year-old Henderson-based company is developing turn-key photovoltaic technology which has great export potential in the Pacific, as well as Europe and South America.

ATEED West research and development specialist Grant Hemmings was instrumental in Power Technology (www.powertech.co.nz) obtaining $100,000 matched R&D funding from government agency Callaghan Innovation to help develop the Pacific Solar initiative.

Power Technology managing director Ray Littin says the company’s market research identified a need in the Pacific Islands, where AC mains power can be chronically unreliable and incredibly expensive.

“The Pacific Island Energy Summit 2013 in March tagged more than $600 million funding for Pacific Island nations to develop renewable energy,” says Ray Littin.

“The process to access this funding is fairly complicated, but there are great opportunities for us to expand the market for Pacific Solar power pack kits, which are smart, cost-effective, robust, and easily installed.”

The company has developed kits to suit building sizes from small fales up to large commercial premises; some are ‘grid tied’, some operate off-grid, while others are hybrids.

Dave Firth, Power Technology senior account manager says competitors are marketing Chinese-made products with installation done by fly-in technicians. Power Technology favours a different marketing strategy.

Power Technology manufactures mainly in China and has the ability to produce custom products for clients. It is also developing markets in Europe, and Chile – through supporting four Auckland University MBA students researching how the company’s Pacific initiative could translate to Chile’s agriculture-based economy.

Ray Littin says: “ATEED’s assistance with the R&D funding was crucial to enable us to embark on the initial Pacific focus. Without that, we wouldn’t have been in a position to embrace the European or Chilean opportunities.”

“Grant Hemmings has been enthusiastic, responsive and supportive. The R&D funding process is complex, and Grant’s expertise helped us through the learning process.”

 

Speak to ATEED West area office about how R&D funding could help your business succeed. Phone (09) 354 0068.