Electricity business includes electricity generation, distributedgeneration, and electricity distribution, transmission and infrastructure development.
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We are now seeing more and more distributedgeneration in the form of wind and other renewable sources.
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This creates a barrier to the adoption of distributedgeneration when it could be cheaper than the traditional centralised grid.
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They're figuring out internally how distributedgeneration affects them and the grid, as solar is more adopted here than most other places.
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The two companies plan to invest in wind and solar projects with battery storage or transmission, distributedgeneration, off-grid renewable energy networks, and other sectors.
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Kiwapower plans to generate decentralizedenergy through photovoltaic solar systems installed on the roofs of clients.
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The World Energy Council predicts that such decentralizedenergy will grow to about a fourth of the market in 2025 from 5 percent today.