NZ’s capital city one step closer to decarbonisation goal as $9.8 million works agreement confirmed

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Far North Solar Farm Ltd (FNSF), developer of the country’s largest utility-scale solar farm portfolios, has just signed a $9.8 million Transpower Works Agreement for the connection of their Greytown solar farm in the Wairarapa region in the North Island.

“This is a major step that enables us to continue progressing towards bringing on 178 MW peak capacity of new renewables to the grid when Greytown is commissioned in 2028,” said FNSF New Zealand-based Director Richard Homewood.

“It is also a vote of confidence from NZ that accelerated development of renewables is a high priority to address local electricity security and supply. When complete, the solar farm will provide surplus renewable power to 41,000 households – including to Wellington to accelerate decarbonisation of the nation’s capital.”

In May, the company also announced the commencement of a global private equity raise. Headquartered in Auckland, FNSF is also developing the country’s largest solar farm, The Point, in the South Island.