• FRV Australia has announced advancing the development of the Rangitīkei solar project in New Zealand, with an installed capacity of approximately 210 MWdc and an expected annual generation of around 350,000 MWh.
  • This announcement coincides with the conclusion of its joint venture with Genesis Energy, with whom FRV Australia will continue to co-own and operate the Lauriston solar farm in Canterbury.

Fotowatio Renewable Ventures (FRV) Australia, a leading developer of sustainable energy solutions, and part of Jameel Energy and the Canadian infrastructure fund OMERS, announces the active development of the Rangitīkei solar project, located in the Rangitīkei District of New Zealand’s North Island, with a proposed  capacity of 210 MWdc. This announcement coincides with the conclusion of its joint venture with Genesis Energy, an agreement that facilitated FRV Australia’s entry into the New Zealand market and accelerated the development of multiple solar projects in the country.

FRV Australia has purchased the Rangitīkei project from the joint venture. Covering an area of approximately 450 hectares, the solar farm will generate around 350,000 MWh per year, enough to power approximately 45,000 homes. In addition, it will help avoid approximately 35,000 tonnes of CO₂ emissions annually.

The project will bring local employment creating a peak of 250 jobs, with an average of 75 workers over an expected 24-month construction period. The project design also includes the potential for future integration of a battery energy storage system (BESS), which will enhance grid flexibility and resilience.

“With Rangitīkei, we are taking another step in our efforts to contribute to New Zealand’s low emission energy future. The development of this project contributes to FRV Australia’s vision of leading the energy transition in this region, supporting local economic development, and contributing to the green electrification goals of Aotearoa,” said Carlo Frigerio, CEO of FRV Australia.

At the same time, FRV Australia has expressed its gratitude to Genesis Energy for its role during the joint venture, noting that the relationship between the two companies will continue through their co-ownership of the Lauriston solar farm (Canterbury), which began generation in November 2024 as the largest solar farm New Zealand at the time.

“We greatly value our collaboration with Genesis, which has been instrumental in this journey and a testimony of the strong partnership and capability to deliver projects. FRV Australia now continues its journey as we explore new renewable development opportunities in the country,” Frigerio added.

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