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.
The construction of the storage system is anticipated to begin in Q1 of this year and conclude in 2024. It is the initial phase of a project that will contain a 130 MW solar farm.
Saft will provide its 80 Intensium Shift modular battery containers and power conversion equipment. It will also responsible for the installation and commissioning and provide operating services for 20 years.
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).
Read moreReNu Energy Limited has announced that it has reached an agreement with Resonance Asset Management Limited regarding the sale of a 70% majority equity stake in ReNu Energy’s existing bioenergy assets. Resonance will acquire the assets through the specialised international infrastructure investment fund, Resonance Industrial Water Infrastructure Fund Limited (RIWIF).
Read moreThe AMP Capital Diversified Infrastructure Trust (ADIT) and AMP Capital Core Infrastructure Fund (CIF) have attracted their first New Zealand investors, reflecting growing interest locally in the asset class.
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