EMR - Emerson to help set up New Zealand's major solar PV project
2023-03-14 09:50:07 ET
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Emerson ( NYSE: EMR ) said Tuesday it will provide advanced automation solutions to New Zealand's first large-scale solar photovoltaic power project.
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Emerson said it will help Lodestone Energy complete its two 23-megawatt sites at Kaitaia and Edgecumbe, which will support New Zealand's carbon neutrality goal by 2050.
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Lodestone will use Emerson's Ovation distributed control system and new OCR3000 controller to provide comprehensive control to minimize the impact of variability and intermittency in solar PV power generation.
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Seeking Alpha contributor The Value Investor recently laid out a "Hold" case for EMR .
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Emerson to help set up New Zealand's major solar PV project