Auckland Start-up HikoTerra Nears First Marine Power Sale After 20 Years
Published
Auckland-based company HikoTerra is preparing to reach a significant milestone later this year. After two decades of research and development, the start-up is on track to ship its first marine power conversion systems to customers.
Marine power technology captures energy from the movement of ocean waves and tides. This form of renewable energy is seen as a promising way to help New Zealand reach its carbon reduction goals by providing a consistent and clean source of electricity.
HikoTerra has spent the last twenty years refining its technology to ensure it can withstand the harsh conditions of the ocean. The company’s focus has been on creating efficient systems that convert the natural energy of the sea into usable power for the national grid.
This development is a positive sign for the local green energy sector. As the demand for sustainable power grows, innovative companies like HikoTerra are becoming increasingly important in the transition toward a more environmentally friendly future for New Zealand.
While the company has faced a long journey to reach this point, the upcoming shipment marks a major step forward. Industry experts will be watching closely to see how the technology performs once it is installed and operational in the water.
Sources: BusinessDesk | NZ
More New Zealand news
- Tesla's Full Self-Driving (Supervised) System Draws Attention at New Zealand Expo
- Migrant Millionaire Says 'We Give Back' and Challenges Common Myths
- Effect Acquires Born Digital to Expand in New Zealand
- Luxon Heads to China for APEC Summit as New Zealand Awaits Final Election Count
- Is Political Neutrality Still Expected in New Zealand?
- Luxon to Attend APEC Under Caretaker Government Rules
- Wānaka's $300 Million Health Precinct Project Goes on Sale
- Microsoft Outlook and Teams Suffer Major Global Outage