Waikato Solar PV Park is a 300MW solar PV power project. It is planned in Waikato, New Zealand. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 300 | – | 300 | Permitting | Waikato, New Zealand | Genesis Energy |
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Description
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The project is being developed and currently owned by Genesis Energy.
Waikato Solar PV Park is a ground-mounted solar project.
The project is expected to generate 550,000MWh of electricity. The project cost is expected to be around $441.3m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Genesis Energy
Genesis Energy Ltd (Genesis) is an energy company. It generates electricity and supplies it on retail and wholesale basis. The company produces power using the coal, gas, and from renewable sources such as hydro, wind and solar sources. Genesis also supplies gas and LPG, and related services to end-users; sells and purchases electricity derivatives; and provides reward points to customers. Through interests in the Kupe Joint Venture, it explores for, develops and produces gas and petroleum products, and owns the Kupe oil and gas field in the offshore Taranaki basin. Genesis is headquartered in Auckland, New Zealand.
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Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
