Pioneer Energy and Manawa Energy investigated the development of a 300 MW wind generation project in southwest Otago, New Zealand.
The two companies have established a joint venture on a 50/50 basis, granting them the rights to develop the high-quality Kaihiku Wind Farm electricity generation project on privately owned rural land situated between Balclutha and Clinton. The US$900 million wind farm is anticipated to generate approximately 1,050 GWh of renewable electricity annually, sufficient to supply power to over 135,000 households. While design work is still underway to determine the final project specifications, the site has the capacity for approximately 70 wind turbines, with an estimated blade diameter of around 170 m and a maximum height of 215 m. The project would be connected to existing Transpower transmission lines passing through the site, and a new local substation, along with a control room, office, storage space, and workshop building, would be constructed on-site.
The project's completion was expected to take four years. Upon becoming operational, the wind farm would be integrated into the national grid, providing renewable power for a minimum of 30 years.
Christchurch Airport has selected Lightsource bp and Contact Energy as its partners for the development of the first 150 MW phase of the Kowhai Park solar photovoltaic (PV) project in the South Island of New Zealand.
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Meridian Energy has selected Saft to construct the 100 MW/200 MWh battery energy storage system at the Ruakaka Energy Park on New Zealand's North Island.
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BlueFloat Energy and its consortium partners Energy Estate and Elemental Group have announced plans to develop the 1.4 GW Waikato offshore wind project in New Zealand.
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Copenhagen Infrastructure Partners (CIP) and the NZ Super Fund, have teamed together to investigate the feasibility of establishing a 1 GW offshore wind project in the South Taranaki Bight.
Read moreMacquarie Infrastructure and Real Assets (MIRA) has raised more than EUR1.6 billion (USD1.93 billion) for investment in renewable energy with the final close of Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2) – exceeding its initial minimum fundraising target of EUR1 billion (USD1.2 billion).
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