Genesis New Zealand Solar PV Park is a 500MW solar PV power project. It is planned in New Zealand. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.
Description
The project is being developed and currently owned by FRV Services Australia and Genesis Energy. The company's ownership stake in the project stands as 60% and 40% respectively.
Genesis New Zealand Solar PV Park is a ground-mounted solar project.
The project is expected to generate 750,000MWh electricity and supply enough clean energy to power 100,000 households.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
For more details on Genesis New Zealand Solar PV Park, buy the profile here.
About FRV Services Australia
FRV Services Australia Pty Ltd is a solar power generation company and a subsidiary of Fotowatio Renewable Ventures Pty Ltd., based in Australia.
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 renewable sources such as hydro, wind and solar. Genesis also supplies gas and LPG, and related services to end-users. It also purchases and sells electricity derivatives. Through its interest 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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