Ruakākā Solar Farm gains planning consent
Release
M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d
L e v e l 2 , 9 8 C u s t o m h o u s e Q u a y , W e l l i n g t o n 6 0 1 1
m e r i d i a n e n e r g y . c o . n z
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Ruakākā Solar Farm gains planning consent
25 September 2024
Meridian Energy has been granted resource consent to build a 120 MW solar farm in Tai
Tokerau Northland.
With up to 250,000 solar panels, the Ruakākā Solar Farm, south of Whangārei, will be
capable of producing 150 to 200 GWh of electricity per year – enough to power more than half
the homes in Northland.
Meridian’s Head of Renewable Development, Rebecca Knott, says the project will boost
resilience for the region by reducing Northland’s reliance on electricity generated from other
parts of the country.
“With the bulk of New Zealand’s electricity generation coming from the lower South Island and
North Island south of Auckland, we’re proud to be developing such significant generation
capacity in Tai Tokerau. This region is blessed with phenomenal natural resources, and we’re
looking forward to delivering a fantastic new project that takes full advantage of that.”
The solar farm is Stage 2 of Meridian’s Ruakākā Energy Park, which also includes a 100 MW
battery energy storage system that is in the advanced stage of construction and due for
completion in early 2025.
“The Ruakākā Energy Park is one of a number of renewable energy developments Meridian
has underway to improve the security of electricity supply and help create a low carbon future
for all Kiwis,” says Rebecca Knott.
“We’re committed to increasing the amount of renewable electricity we generate and store so
that we can help meet New Zealand’s growing demand for clean energy. That commitment is
backed by a $3 billion investment through to 2030 and a number of excellent projects already
in or approaching the planning process. Solar farms and batteries, alongside our hydro
stations and wind farms, are part of the solution to strengthening and growing our electricity
system, building resilience for tough years and reducing the cost of electricity for homes and
businesses.”
Subject to the appeal period and final investment decision by the Meridian Board, expected by
the end of the year, construction of the Ruakākā Solar Farm will get underway in early 2025. It
is expected to be completed in late 2026.
ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited
For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Phil Clark
Head of Communications
027 838 5710
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