Sharechat Logo

NASA comes to Otaki as tenant of clean technology park

Monday 2nd August 2010

Text too small?

NASA, which pioneered America’s space programme, is to set up shop in the Kapiti Coast town of Otaki, lured to a new technology park targeting green and renewable energy sources.

The Kapiti Clean Technology Incubation Park is a joint venture between private companies, researchers, Kapiti Coast District Council and Wellington Regional Council’s development arm Grow Wellington. The National Aeronautics and Space Administration (NASA) plans to join the park in 2012, having met the promoters at the Japan Renewable Energy conference in June.

NASA will become the first overseas tenant of the technology park which opened today, joining New Zealand tech companies Esime Group, Anzode, IRL and SpectioNZ, as well as the Energy Efficiency Conservation Authority, Massey and Victoria Universities, Weltec and others.

“Our vision has been global from the get-go,” said Steven Finlay, the centres of excellence manager at Grow Wellington. The Kapiti council has promoted the idea that Otaki can contribute to the national electricity grid and helped get the idea off the ground, he said.

Already, the park is in talks with a potential JV partner to provide clean energy to parts of rural India, Finlay said. NASA’s involvement reflects the growing global interest in clean, green energy technologies as well as the fast-track processes designed to quickly innovate and commercialise new knowledge into sellable products, he said.

The clean technologies will initially concentrate on four areas: smart and off-grid distributed generation, clean transport technologies and marine technologies.

Finlay said that New Zealand’s development of innovative off-grid energy solutions, its large number of strong independent-minded rural towns and communities and the need to rapidly develop climate change solutions, makes the clean technology park a good first choice for Grow Wellington.

“The solutions are at hand, and we’re looking to create global technology partnerships,” he said.

“We’re putting new models, new economics, new technologies and new partnerships in place. The politicians of the world may be the last ones to see it.”

Businesswire.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

RBNZ - OCR lowered to 2.25%
SVR - Savor Interim Results and Trading Update
Genesis Energy Limited - Strategy & Earnings Growth On Trac
ARB - ArborGen Holdings Interim Results to 30 September 2025
FPH delivers strong growth for the first half
November 26th Morning Report
CEN - Contact31+ Strategy, Capital Markets Day 2025
November 25th Morning Report
RYM - Successful completion of full bank debt refinance
Curious about dividend investment strategies?