Genesis Energy & Tilt Renewables in Kaiwaikawe Wind Farm Pact
Genesis Energy and Tilt Renewables have executed a conditional 20-year electricity offtake agreement that will provide the foundation for the construction of the 75M W Kaiwaikawe Wind Farm located near Dargaville, Northland. The Kaiwaikawe Wind Farm, previously known as the Omamari Wind Farm, is expected to be completed by early 2024 and supports Genesis' Future-gen strategy to economically displace baseload thermal generation with 2,650GWh per annum of new renewable electricity by 2030.
The Kaiwaikawe Wind Farm will reduce carbon emissions from Genesis' thermal generation by an estimated 180,000 tonnes per annum. It is the first confirmed project of an RFP process that Genesis has been conducting with more announcements due.
The two companies partnered in a similar way for the 133MW Waipipi Wind Farm in South Taranaki which was delivered on time despite the impact of COVID-19 on the supply chain and on-site construction activities. It became fully operational in March and is expected to produce approximately 455GWh of renewable generation each year.