Joint venture to power regional solar supply

A partnership that has led to the creation of a new solar power company will see regional areas in WA, and later the Northern Territory, share in vital renewable energy services.
The joint venture, between indigenous mining organisation Carey Mining and solar power provider Next Power, has created Carey Power, a company offering solar power to regional areas.
With a focus on providing solar power for remote communities and mine sites, regional housing and local governments, Carey Power will also train and employ indigenous people.
Carey Power chief executive Daniel Tucker, who also owns Carey Mining, said that the service was desperately needed in regional Australia.
“We recognised there was an opportunity in the market to provide regional and remote areas with an economical and sustainable energy option whilst also providing meaningful employment for indigenous
Australians on their traditional land,” he said.
“It is about time that someone got serious about these two very important issues, and we are very excited to be leading the way in remote solar energy and indigenous training and development.”
The new entity is jointly owned by Mr Tucker (51 per cent) and Next Power (49 per cent).
Carey Power manager Minnie King said that the two companies met through services provider Ernst & Young, and began to discuss the possibility of a combined organisation. “After six months they’d been talking and realised that for all of their differences – one is a solar company and one is a wholly-owned indigenous mining and civil construction company – that in terms of solar power they had a lot to offer and there were definitely some synergies there.
So it has been six months in the making,” she said.
The Larrakia Development Corporation, a successful Aboriginal company owned and operated by the Traditional Owners of Darwin, was the first organisation to express interest in a partnership with Carey Power as part of its move to work with the Northern Territory Government’s 2030 Strategic Plan.
Mrs King said that at Carey Power’s launch at the end of June there was a “tremendous amount of interest”, although they were “starting from scratch”. “We’re pretty confident that in the next 12 to 18 months we will have a couple of big contracts,” she said.
A memorandum of understanding was recently signed with Horizon Power to investigate the supply of electricity to regional WA.
Horizon Power business development manager Graeme Eley said he was excited about the opportunity to work with the new company.
“Carey Power has a strong base in indigenous education and training, and this new venture in power and renewable energy solutions is a great complement to Horizon Power’s strength in power systems, effective community engagement and energy efficiency work in remote and regional communities,” he said.

Leave a Reply

Your email address will not be published.

* Copy This Password *

* Type Or Paste Password Here *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>