Nova Energy has announced that it plans to build the 150 MW first stage of a solar power plant near Rangitaiki on New Zealand’s North Island. A final investment decision will be made after completion of the consent process.
The company said that it plans to break ground on the 150 MW Stage 1 in 2023, with commercial operation starting 18 months later.
The $500 million Taupo solar project will consist of nearly a million solar panels. Nova Energy is also seeking approval to construct 98 inverters, a switchyard, and transmission lines to connect the solar plant to the national grid. The solar farm will be built in three stages, with full operation scheduled for the end of 2027.