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Genesis has reached Final Investment Decision for the construction of the Edgecumbe Solar Farm, marking another significant milestone in delivery of its Gen35 strategy and further advancing renewable generation development in New Zealand.
The solar farm will have a capacity of 136MWp, generating approximately 238GWh annually, enough to power around 29,800 homes.
Construction is expected to commence shortly, with first generation targeted for mid-2027.
The estimated cost of the project is $236 million.
METLEN, though its Renewables & Energy Transition Platform Sector, has been appointed for the engineering, procurement and construction of the solar farm, including the initial two years of operations and maintenance.
Horizon Networks has been appointed for the design and construction of the overhead line connecting the site to the grid.
Genesis chief operating officer Tracey Hickman said delivery of the Gen35 strategy was progressing well.
“Reaching FID on the Edgecumbe project, following hot on the heels of our Rangiriri Solar announcement, represents a major step towards Genesis’ solar objective of building up to 500MWp of solar generation.
“The project will enhance the value of our three hydro generation sites and battery storage investments providing flexible, renewable energy to meet growing demand. It will also further displace gas generation, in particular over summer months, in support of New Zealand’s transition to a low-carbon future.”