April 12, 2024

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FRV Australia and Genesis won land for another 400 MW of solar power in New Zealand

FRV Australia and Genesis won land for another 400 MW of solar power in New Zealand

A ‘joint effort’ created by FRV Australia and Genesis EnergyAnd Omrs Infrastructure has expanded its operations New Zealand with Three new solar platforms In the country, with a The total capacity is 400 megawatts (MW).FRV report this Tuesday AustraliaA subsidiary of Abdul Latif Jameel Energy Holding Company.

These projects are located in Manawatu, Waikato and Hawke’s Bay with projected capacity 200MW, 100MW and 100MWrespectively, occupying 740 hectares and costing about 600 million dollars (approx. €555 million)

The construction schedule is subject to regulatory processes and final decision InvestmentAnd the first of these parks is expected to start generating electricity in 2026.

FRV Australia projects

The three plants will generate enough electricity to power 85,000 homes annually, Wellington size. These three solar parks will remove around 500,000 tonnes annually CO2 emissions From generation with fossil fuels.

Earlier in the year, a ‘joint venture’ formed by FRV Australia and Genesis agreed to acquire the 52 MW Lauriston land in Canterbury at an advanced stage.

The generation joined The four sites (452 ​​MW) put the company on track to achieve its ‘joint venture’ objectives set by 2021 to secure up to 500 MW of solar projects within five years. New Zealand.

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