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Clean Technology Trust boosts Kapiti's cred

A Clean Technology Trust has been formed to drive the development of Kapiti-based cleantech projects, with a long term vision to develop a clean technology business park in Ōtaki, adjacent to the Clean Technology Centre.

A Clean Technology Trust has been formed to drive the development of Kapiti-based cleantech projects, with a long term vision to develop a clean technology business park in Ōtaki, adjacent to the Clean Technology Centre.

The trust will be chaired by David Moloney, a former chair of Trade NZ and former commander of the New Zealand Special Air Services (SAS).

He says the trust will work with existing agencies to help resource and add value to viable cleantech businesses.

“We will be working closely with Grow Wellington, the Kāpiti Coast District Council and Ōtaki’s Clean Technology Centre to support proven technologies on their journey to commercialisation.”

Trust members include Simon Arnold, a Wellington businessman who has been involved in clean technology startup companies; Tim Armstrong, a Te Horo energy management and renewable technologies consultant; Kāpiti property developer Stuart Pritchard; Kāpiti Coast District councillor, Tony Lester; and Kāpiti resident Ann Verboeket, a senior economic development associate for Economic Development Agencies of New Zealand.

Dr Steven Finlay, former manager of the Clean Technology Centre of Excellence for Grow Wellington, has been appointed CEO.

The Kāpiti Coast District Council has approved a $1.5 million loan to help the trust with set up and development costs, including funding projects in partnership with agencies such as the Ministry of Science of and Innovation.

“This is about promoting cutting edge technology, which is in huge demand internationally. If we get this right the benefits for Kāpiti and the wider Wellington region will be enormous,” said Moloney.

“With the support of a progressive council, Kāpiti is fast establishing itself as a birth place of clean technology. This trust will further cement that position and contribute to the region’s aspirations in the areas of clean technology, science and innovation.”