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ENERGY

Te Rahui Solar Farm: Rangitāiki

Meridian Energy (majority state-owned) / Nova Energy (private) · Bay of Plenty

A 400MW solar farm at Rangitāiki on SH5, southeast of Taupō and near the Hawke’s Bay border, one of the largest in the country, jointly developed by Meridian and Nova Energy. The site is in the Taupō District, which spans three regional council areas; this part of it falls under Bay of Plenty Regional Council. A first 200MW stage is targeted for mid-2026, with full output about a year later. Estimated ~$700m (indicative).

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Strongest delivery signals Data: High
Delivery Confidence Score, 0 to 100, higher is better: a ranking of how strong this project's delivery signals are, not a probability. It blends eight factors, including the election risk and policy alignment shown below.
Breakdown

Data current as at 13 Jun 2026, when the pipeline was last checked against its source.

Key facts

Region
Bay of Plenty
Sector
Energy
Status
Under Construction
Estimated value
$700m
Indicative completion
2027
Funding status
Fully Funded
Lead organisation
Meridian Energy (majority state-owned) / Nova Energy (private)
Election risk
Safe

Election risk assessment

Commercial renewable joint venture, under construction and privately funded.

Government priority alignment

HIGH: Large-scale solar generation supporting the renewable-electricity transition.

Chronology

Source

Meridian Energy ↗

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