The solar rush continues with Genesis and Lodestone acquiring sites

Lodestone has two operating solar farms and more are coming. (Image: Lodestone)

Thu, 15 Aug 2024

The rush to install grid-scale solar is continuing with Genesis Energy and Lodestone Energy announcing the acquisition of advanced-stage sites for development.Genesis said it had secured an advanced-stage consented site near Edgecumbe in the Bay of Plenty. The site is expected to start generating electricity in 2026 with a peak output of 127 megawatts (MWp)The agreement with New Zealand-based developer Helios Energy is expected to go unconditional in the second quarter of the 2025 financial year.It will be wholly owned by Genesis, which w...

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