Waikato: New Zealand offshore wind project

Waikato Offshore Wind project, in New Zealand, is being announced by BlueFloat Energy to develop offshore wind.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Waikato Offshore Wind project, in New Zealand, is being announced by BlueFloat Energy to develop offshore wind.

A major project

Waikato Offshore Wind project, aims to develop 1.4GW of offshore wind capacity in New Zealand, both fixed and floating. The project represents the supply of approximately 700,000 homes. In addition, the project will be developed in several phases.

The first phase of the project involves the installation of fixed wind turbines 22 kilometers off the Waikato coast. This offshore wind farm will have a capacity of 250MW. It will create 300 jobs in construction, operation and maintenance.

The second phase will be based on floating wind power with a projected capacity of 800 to 1150MW. The consortium formed by BlueFloat Energy, Energy Estate and Elemental Group anticipates the creation of at least 800 jobs during this phase. The consortium expects construction to begin before 2030.

Local development

The construction of this offshore wind farm in New Zealand is part of the development of renewable energies desired by the government. The company anticipates a lifespan of 35 to 40 years for the park, allowing for a supply for several decades. The government is expected to present a regulatory framework for offshore wind in mid-2024 to support the development of this sector.

On the other hand, this offshore wind project will allow a development of local activity in New Zealand. Fiona Carrick, Director of the Waikato Development Agency says:

“The energy sector is a key growth industry in the Waikato. The region is uniquely positioned to become a national leader in renewable energy production.”

In addition, the consortium wants to work with local partners, including the Iwi, the local community.

Offshore wind in the South Auckland-Waikato region will benefit from the proximity of the Huntly power station. Waikato Offshore Wind project will have a Glenbrook substation connection adjacent to NZ Steel operations. As such, the project will supply industry and consumers in the Auckland region.

The Dinawan Wind Farm project, first phase of a 1.3 GW energy hub, was selected in the fourth tender round of the Capacity Investment Scheme launched by the Australian Government.
RWE has completed construction of the Kail wind farm, comprising three turbines totalling 12.9 MW, marking its first commissioning in Rhineland-Palatinate.
Ignitis Group has officially submitted its bid to develop a 700 MW offshore wind project in the Baltic Sea, under a Lithuanian state-supported tender scheme.
Ignitis Renewables acquires the remaining stake from Ocean Winds in the Curonian Nord project, securing full ownership of this strategic development in the Baltic Sea.
Chinese manufacturer Ming Yang plans to build the UK’s largest wind turbine facility in Ardersier, with an initial £750mn investment and up to 1,500 jobs created by 2028.
German wind turbine manufacturer Nordex secured 2,170 MW in new orders between July and September, bringing its total volume to 6.7 GW over nine months.
Faria Renewables a finalisé l’acquisition de deux projets éoliens d’une capacité cumulée de 30,8 MW, consolidant son portefeuille d’actifs en Grèce et poursuivant son expansion stratégique sur le marché national.
Google has signed a power purchase agreement with Eneco to supply its Belgian data centre with wind energy from three wind farms totalling 54 MW.
Italian group Dolomiti Energia secures €200mn loan from the European Investment Bank to finance wind farms and modernise power infrastructure in two strategic regions of the country.
Wpd launches a crowdfunding campaign to support the construction of the Bréhand wind farm, aiming to raise €400,000 from residents with a fixed annual interest rate of 7%.
Danish group Orsted will cut a quarter of its workforce by 2027 and reduce its exposure to the United States, relying on a $9.4 billion recapitalisation to consolidate its development in Europe and Asia.
Developer Gwynt Glas enters development phase after signing a lease agreement with The Crown Estate, paving the way for a 1.5GW floating offshore wind project in Welsh waters.
From January 2026, the southern Polish city of Sosnowiec will power its municipal institutions entirely with renewable electricity under a public contract awarded to local provider Hekla Energy.
VSB France begins construction of its largest onshore wind project, a strategic 39.9 MW investment across two municipalities in Calvados, with commissioning scheduled for 2027.
Shell U.S. president stated that cancelling fully permitted wind projects severely undermines investor confidence in the energy sector.
TotalEnergies could bring EDF into the Centre Manche 2 offshore wind project after RWE’s planned withdrawal, strengthening the industrial and financial prospects of the two neighboring parks scheduled for 2032.
Envision Energy has signed an agreement to equip Kazakhstan’s largest wind power project, marking a strategic step in energy cooperation with TotalEnergies, Samruk-Energo and KazMunayGas.
The Swedish energy group aims to produce 9TWh per year with its Storlandet project, intended to meet rising demand from the mining and steel industries in the north of the country.
The two regional utilities join a JERA-led consortium to support the operation of the Ishikari Bay offshore wind farm, which entered service in early 2024.
Energy group Axpo is considering a new installation of three wind turbines in Wil, aimed at powering around 5,000 households and strengthening Switzerland's winter electricity production.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.