$2b solar farm project aims to generate 15% of daytime electricity

A rendition of FNSF's first solar farm now under construction in Northland. (Image: Far North Solar Farm)

Tue, 25 Jun 2024

Far North Solar Farm is pushing ahead with its approximately $2 billion multi-site developments planned to generate a total of 1.4 gigawatts of peak electricity.The solar farm developer said that represented around 15% of the current peak daytime electricity demand.It had secured debt financing through Westpac to build the first four solar farms with an expected capacity of 180 megawatts (MW).The company was holding off on large supply contracts to avoid penalty clauses and said it was in a fortunate position to be able to do that.It has been a...

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