News and Announcements
Sunshine Hydro warmly welcomes Simon Currie as a Director to its Board
- Published June 16, 2022 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Simon Currie has over 30 years of experience in the energy sector. He is the co-founder of Energy Estate, a developer and accelerator of renewable energy, storage and green hydrogen projects. Prior to founding Energy Estate, he was the global head of energy at the international law firm Norton Rose Fulbright based in London and Sydney.
Simon is renowned as a leader and pioneer in the transformation of the global energy sector with a focus on integrating the energy sector alongside other industries. He is passionate about the digitisation of the industry, new and emerging technologies and the potential for creating jobs and economic growth through this approach. Simon is recognised for his innovative and problem-solving approach. He is a passionate advocate of the need for improved systems thinking to achieve decarbonisation and net-zero outcomes.
Sunshine Hydro is in the business of developing deep energy storage superhybrid projects incorporating proprietary AESOP technology. AESOP maximises overall energy efficiency by incorporating several key elements into a superhybrid project. These components typically include a combination of wind and solar energy, long term storage and hydrogen generation.
AESOP uses AI to optimise operational and project outcomes and, therefore, maximises returns to infrastructure investors.
Sunshine Hydro benefits from world-leading, best practice renewable energy engineering capabilities. These capabilities combined with AESOP represent a clear and definitive competitive advantage for Sunshine Hydro.
Sunshine Hydro is in the Deep Energy Storage (pumped hydro and other) and Green Hydrogen Markets.
The International Energy Agency’s (IEA) flagship Net Zero by 2050 report (May ’21), suggests the world will need 2,600 GW of hydropower capacity by mid-century to have a chance of keeping global temperature rises below 1.5 degrees Celsius. This means that over the next 30 years, we need to build the same capacity that we did in the previous 100 years.
The global green hydrogen market size was valued at $0.3 billion in 2020, and is projected to reach $9.8 billion by 2028, growing at a CAGR of 54.7% from 2021 to 2028.
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