MyFarm Investments and Hiringa Energy Collaboration: Boosting Green Hydrogen with Solar Farms
Key Ideas
- MyFarm Investments is partnering with Hiringa Energy to construct five new 5MW solar farms, supporting the uptake of green hydrogen in the transport sector.
- The collaboration involves a 10-year agreement between MyFarm and Hiringa Energy, focusing on green hydrogen production.
- Rural syndication firm MyFarm Investments aims to raise $14 million from wholesale investors for the solar farm developments.
- Hiringa Energy has already established a hydrogen pump at the Waitomo station on Wiri Station Road in Auckland.
MyFarm Investments, a rural syndication firm in New Zealand, is teaming up with Hiringa Energy to build five 5MW solar farms. These solar farms are intended to promote the adoption of green hydrogen in the transport sector. The collaboration is part of a 10-year agreement between MyFarm and Hiringa Energy, with a focus on advancing green hydrogen production. To fund these developments, MyFarm Investments is looking to raise $14 million from wholesale investors. Additionally, Hiringa Energy has already set up a hydrogen pump at the Waitomo station on Wiri Station Road in Auckland, indicating tangible progress in supporting hydrogen infrastructure. This initiative showcases a positive step towards sustainable energy solutions and reflects a growing trend in renewable energy investments.
Topics
Oceania
Renewable Energy
Investment
Green Technology
Partnership
Transport Sector
Solar Energy
Fundraising
Syndication
Latest News