ANZA Power secures PPA for 42-MW New Zealand solar project

Marks its first electricity offtake agreement in New Zealand.

Anza Power has announced a long-term power purchase agreement (PPA) with dairy giant Fonterra, marking its entry into the New Zealand energy market.

Under the agreement, Fonterra will purchase 80% of the electricity output from Anza Power’s 42 MWdc Somerton Solar Farm, located near Rakaia in Canterbury.

The deal represents Anza Power’s first offtake agreement in New Zealand.

Once operational in early 2028, the battery energy storage system (BESS)-ready solar project is expected to generate approximately 65,000 MWh of renewable electricity annually, contributing to the country’s growing clean energy supply.