New Zealand-based solar developer and power producer, Lodestone Energy, has successfully launched the country's inaugural utility-scale photovoltaic (PV) park, the Kaitaia solar farm, located in the North Island. Lodestone Energy announced the milestone on Friday, emphasizing that the 39.4-MW facility represents New Zealand's first solar farm to participate in the electricity market.
With over 61,000 PV panels, the Kaitaia solar farm is anticipated to generate 55 GWh of electricity annually, catering to both residential and commercial energy consumers. Notably, this project integrates power production with agricultural activities, marking a novel approach to land utilization.
Gary Holden, Managing Director of Lodestone Energy, remarked, “This project ushers in a new era for energy in New Zealand. Kaitaia is the first solar farm at this scale and is a key step in helping New Zealand deliver on its climate goals.”
Initiating construction earlier this year, the Kaitaia solar farm is part of Lodestone Energy's broader solar power installation program. The company foresees the commissioning of two additional solar farms at the beginning and end of 2024, respectively, contributing to New Zealand's renewable energy landscape.
