Deals Counterparts

Genesis begins construction of 136 MWp Tihori solar farm in New Zealand

Development Solar announced Edgecumbe, New Zealand Mar 16, 2026
USD236M
Deal Value
136 MW
Capacity
construction
Stage
Tihori
Project

New Zealand-headquartered Genesis has commenced construction of its 136 MWp Tihori solar farm at Edgecumbe in the Bay of Plenty. The company is investing approximately $236 million in the project, which is expected to generate up to 238 GWh of electricity annually and supply about 30,000 households. Metlen is handling the construction, while Horizon Networks will connect the site to the national grid. First generation is anticipated in mid-2027, with over 100 jobs planned during the construction phase.

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Source Intelligence

KEY DETAILS

The project is on a 209-ha site. It is expected to supply about 30,000 households once operational. More than 100 jobs are planned during construction. The investment is equal to about $1.74 million per MW. The project has been named Tihori by the Rangitāiki Hapū Coalition, after a Ngāti Awa chief linked to the area near Pūtauaki. Quotes: "The 209-ha site is expected to generate up to 238 GWh of electricity each year.", "Genesis said the project could supply about 30,000 households once operational.", "with more than 100 jobs planned during construction.", "equal to about $1.74 million per MW.", "The project has been named Tihori by the Rangitāiki Hapū Coalition, after a Ngāti Awa chief linked to the area near Pūtauaki."

Deal Size
The company is investing about $236 million in the project
Capacity
136 MWp solar farm
Location
at Edgecumbe in New Zealand’s Bay of Plenty
Announcement
16 Mar 2026
COD
First generation is expected in mid-2027
PARTIES MENTIONED IN SOURCE
G
Genesis developer

"New Zealand headquartered Genesis has begun construction of its 136 MWp solar farm"

G
Genesis investor

"The company is investing about $236 million in the project"

M
Metlen advisor

"Metlen is handling construction"

H
Horizon Networks advisor

"Horizon Networks will connect the site to the national grid"

high quality Enriched Mar 16, 2026

Timeline

Announced
Mar 16, 2026
Signed
Closed

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