Lightsource BP secured US$ 166 million of financing on its 168MWdc Kōwhai Park solar project
Lightsource BP has secured NZ$ 267 million (US$ 166 million) of financing on its 168 MWdc Kōwhai Park solar project located in Christchurch, New Zealand.
The project is being developed in collaboration with Contact as the initial phase of Christchurch Airport’s renewable energy precinct, Kōwhai Park. CHINTEC has been contracted for the engineering, procurement, and construction of the solar farm, while Ventia will handle the network connection infrastructure. Financing has been secured from Westpac New Zealand, Mizuho, China Construction Bank, and Intesa Sanpaolo.
Construction is set to begin in late 2024, with commercial operations expected by 2026. Upon completion, the Kōwhai Park solar farm, with around 300,000 solar panels, will generate over 275 GWh annually, meeting the energy needs of approximately 36,000 homes.
Country updates
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July 23, 2024
176 MW Harapaki Wind Farm Became fully operational
Meridian Energy has announced the operation phase of the 176 MW Harapaki wind farm located north of Napier on SH5 in the Maungaharuru Range, New Zealand. The wind farm, which uses Sie...
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June 28, 2024
Vestas secured turbine order for 155 MW wind farm in New Zealand
Vestas has received a 155 MW order for the second stage of the Mercury Energy’s Kaiwera Downs wind farm in New Zealand.
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June 13, 2024
Planning Consent secured for 65 MW Solar Farm in New Zealand
Ethical Power, working in partnership with KeaX Limited, has obtained planning consent for its 65 MW Buckleys Road Solar Farm in New Zealand.
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December 06, 2023
39.4 MW Utility-Scale Solar Plant Goes Live in New Zealand
Lodestone Energy has started generating energy at its 39.4 MW solar project in Kaitaia, New Zealand.
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December 04, 2023
39.4 MW Utility-Scale Solar Plant Goes Live
Lodestone Energy has started generating energy at its 39.4 MW solar project in Kaitaia, New Zealand. Lodestone Energy, the developer initiated activities in late 2022, commenced construction in April...
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