Genesis Energy expands Castle Hill wind project
State-owned electricity company Genesis Energy is proposing a massive 600 Megawatt windfarm development at its northern Wairarapa site, Castle Hill.
Chief executive Albert Brantley announced today the expansion of previous proposals for Castle Hill from 400MW to 600MW, representing a further substantial increase in installed or planned wind farm construction along the ranges separating the Kapiti-Horowhenua and Wairarapa regions, and into southern Hawke's Bay.
The expansion also puts the development in the same league as Meridian's troubled 630MW Project Hayes proposal in Central Otago and Contact Energy's proposed 540MW Hauauru ma raki wind farm on the coast north of Raglan.
However, Castle Hill would likely be built in stages, says Brantley, noting that Genesis has plans only for 300MW of new wind capacity at unspecified sites by 2015.
Castle Hill is north-east of Masterton and east of Eketahuna. Genesis has signed land use agreements with 27 owners of 30,000 hectares, with around 4,000ha suitable for wind farm development.
The site lies across four regional government boundaries and will require consents from Horizons and Greater Wellington Regional Councils, and the Tararua and Masterton District Council.
A resource consent application is expected to be lodged before mid 2011, following local community consultation.
Businesswire.co.nz
Comments from our readers
Add your comment:
Related News
Stocks to watch: Burger Fuel, Fisher & Paykel, Nuplex Kiwi holds gains as US data buoys risk appetite While you were sleeping: Outlook a bit brighter Daily ShareChat: Nuplex Fairfax appoints two new directors MARKET CLOSE: NZ stocks buoyed by offshore sentiment Big Three womens' mag publishers become Big Two Pyne Gould's Perpetual unit in talks to buy Aegis WRAP platform Fonterra hires NZX to design share trading platform High Court throws out Bridgecorp chairman's appeal
|
|
Previous News
Sharemarket News By Email
Stock Quote
At a Glance
| NZX 50 Index |
3092.07 |
 |
9.60 |
| S&P/ASX 200 |
4532.70 |
 |
0.00 |
| Dow Jones Industrials |
10320.10 |
 |
50.60 |
Comment & Analysis
|
“
OK, everybody take a deep breath. Underneath all the fog of commentary and arm-waving, a fairly simple thing has happened to South Canterbury Finance today.
Its affairs are in the hands of receivers, as has happened to many a company in corporate history. What makes it special is that it has also triggered the provisions of [...]
”
Pattrick Smellie More »
|
|
|
|


NZX 15 Index
NZX Announcements
|