New Zealand generator-retailer Genesis Energy has reached Final Investment Decision (FID) on the second stage of its Huntly battery energy storage system (BESS).
New Zealand’s fragmented electricity market structure is creating both opportunities and obstacles for industrial battery storage, as demonstrated by CentrePort Wellington’s upcoming deployment.
Contact Energy plans to raise NZ$525 million (US$316 million) in equity funding to fast-track its Contact31+ strategy for its renewable energy and storage pipeline in New Zealand.
Global infrastructure investor I Squared Capital has launched ANZA Power, a next-generation independent power producer (IPP) in Australia and New Zealand.
Saft, a subsidiary of French energy giant TotalEnergies, will provide Genesis Energy in New Zealand with a 100MW/200MWh utility-scale battery energy storage system (BESS).