Meridian Energy Unveils New Zealand’s First Large-Scale Grid Battery Storage System

An announcement from Meridian Energy Limited ( (MDDNF) ) is now available.

Meridian Energy Limited has completed the construction of New Zealand’s first large-scale grid battery storage system, the Ruakākā Battery Energy Storage System (BESS). This system, with a capacity to power approximately 60,000 households for two hours, enhances the electricity system’s resilience and allows Meridian to participate in the North Island electricity reserves market. The company is also set to begin construction on the Ruakākā Solar Farm, forming the Ruakākā Energy Park, as part of a $3 billion investment plan over the next five years to ensure competitive electricity prices and meet growing energy demands.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based company involved in the energy sector, primarily focusing on renewable energy solutions. The company is listed on the NZX and ASX stock exchanges and is committed to investing in sustainable energy projects, including battery storage systems and solar farms.

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