The other South Island project currently underway and the second largest in Lodestone’s portfolio is the 97 MW Canterbury farms solar. Yet around the same time developer Far North Solar Farm put in an application nearby for a 420 MW project, closer to Lake Benmore which is also where the Haldon solar project is proposed for. These solar farms will be built using funds from a capital raise the company launched at the start of June. The 42 MW Te Herenga o Te Rā solar farm also in the Bay of Plenty is set to start generating later this year. Lodestone has two more projects set to start generating in mid-2025, a 32 MW solar farm in Whitianga and another 52 MW in Dargaville, both in Northland.

Source: Stuff June 24, 2024 05:44 UTC