Harmony Energy and First Renewables have reached financial close on the Tauhei solar project, a 150 MW solar farm located near Te Aroha on New Zealand's North Island. The project, set to begin construction later this year, is slated to be fully operational by the end of 2026, with an eventual total capacity of 202 MW.
The project is being funded by a consortium of banks, including ANZ, ASB, BNZ, and MUFG Bank, while Meridian Energy has secured a 10-year power purchase agreement (PPA) for 100% of the park's output. Elecnor, a Spanish engineering and infrastructure company, will be responsible for the design, supply, and construction of the solar park, which will also include the development of a substation and evacuation line.
The Tauhei solar park will be situated on a 182-hectare site and is expected to create approximately 350 jobs during the construction phase, which will span two years. Upon completion, the project will also offer permanent employment opportunities.
In addition to generating renewable energy, the project incorporates environmental conservation measures, including the planting of over 120,000 native plant species to help preserve local biodiversity. The design of the park also allows for continued agricultural use of the land, with sheep farming replacing dairy farming. This transition is expected to benefit from the shade and shelter provided by the solar panels.
The Tauhei solar park will connect to Transpower's 110 kV grid through the Waihou substation, facilitating integration into New Zealand's national power supply.
The project represents a significant step in New Zealand's renewable energy efforts, contributing to both job creation and environmental sustainability.
