It is potentially lights out for Aotearoa’s largest solar power company, leaving some customers in limbo.
And the government’s asking questions about more than $100 million that has already gone from its Green Investment Fund to the company.
SolarZero, which provides solar power systems, with no upfront costs but multi-year leases, has been put in liquidation.
Employees have been advised that due to unsustainable operating losses, and liquidity constraints, the business cannot continue to operate.
User advocacy group Rewiring Aotearoa’s chief executive, Mike Casey, said solar remains the future, but the delivery model has moved on.
Casey told Checkpoint the technology…