ENERGY
Te Rahui Solar Farm — Rangitāiki
Meridian Energy / Nova Energy · Waikato
A 400MW solar farm at Rangitāiki, southeast of Taupō — set to be one of NZ's largest — jointly developed by Meridian and Nova Energy. A first 200MW stage is targeted for mid-2026, with full output about a year later. Estimated ~$700m (indicative).
A
Breakdown▾
93% · Very likely to proceed
Completion Probability — likelihood this proceeds on roughly its stated timeline.
Each axis is a scoring factor (0–100%)
Key facts
- Region
- Waikato
- Sector
- Energy
- Status
- Under Construction
- Estimated value
- $700m
- Indicative completion
- 2027
- Funding status
- Fully Funded
- Lead organisation
- Meridian Energy / Nova Energy
- Election risk
- Low
Election risk assessment
Commercial renewable joint venture — broadly bipartisan and privately funded.
Government priority alignment
HIGH — Large-scale solar generation supporting the renewable-electricity transition.
Chronology
- 2024Consents granted; joint venture confirmed
- 2025Construction begins on the first 200MW stage
- 2027Full 400MW output targeted