Wind Energy – New Zealand
Meridian Energy and European-based Parkwind have signed a memorandum of understanding (MoU) for the exploration of offshore wind generation in New Zealand waters.
Efforts will focus principally on the Taranaki coast and build on work already undertaken by Parkwind, including engagement with the iwi of Taranaki and key stakeholders.
Depending on the outcome of the joint exploration, the two parties may decide to work towards a feasibility permit. Both parties are interested in long-term investments and relationships, following a build to own and operate business model.