- Bluefloat Energy and its partners plan to construct a 1.4gw offshore wind farm.
- The project partners want to build before 2030 and are undertaking feasibility studies.
BlueFloat Energy and its consortium partners Energy Estate of Australia and New Zealand-based Elemental Group disclosed plans to construct up to 1.4-GW offshore wind farm as part of a more significant investment in the island nation.
The Waikato project, which would be the partners’ second offshore wind proposal this month after their 900-MW South Taranaki project, will be dubbed. Both will be carried out by a joint venture that the three businesses established last year to create four offshore wind projects in New Zealand with a potential 5 GW capacity.
The Waikato wind farm will be constructed in the Pacific Ocean, off South Auckland and West Waikato, Aotearoa, and will require a billion-dollar investment. The capacity will be added in stag; the first will use fixed bottom technology to build a 250 MW plant 22 kilometres off the West Waikato coast. To install between 800 MW and 1,150 MW of turbines west or north of Phase 1, Phase 2 will use floating foundations.
The project partners want to build before 2030 and are undertaking feasibility studies. The offshore wind farm will supply electricity to about 700,000 homes once it runs.