SolarZero customers told to keep calm and carry on

There are dark days in the solar industry. (Image: NZME)

Thu, 28 Nov 2024

SolarZero customers have been told not to panic due to the company’s liquidation, but those assurances are based on how well the model stands up to the stresses it is under.The company pioneered the subscription model for solar and batteries in New Zealand. On Tuesday, its shareholder, global investment manager BlackRock, put it into liquidation.The directors cited “unsustainable operating losses and liquidity constraints.”Under the contract with householders, SolarZero installed and maintained the equipment in return for a mo...

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