Edit Business | Te Apiti Wind Farm

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Te Apiti is a wind farm owned and operated by Meridian Energy. It is located on 11.5 km² of land north of the Manawatu Gorge in the North Island of New Zealand. At 90.75 MW, it was New Zealand's largest capacity wind farm until September 2007, when the third stage of the nearby Tararua Wind Farm was completed.The $100 million wind farm consists of 55 separate turbines capable of generating 1.65 MW each, representing a total capacity of 90.75 MW. Each turbine is atop a 70 metre high tower. It is fitted with 3 blades each 35 metres in length.LocationThe site near the Manawatu Gorge area is ideal for wind farms. The Tararua and Ruahine Ranges provide a barrier to the predominantly westerly winds that flow across New Zealand. Between the two ranges lies a lower range of hills that serve to funnel the wind. TrustPower, another New Zealand electricity generator and retailer, operates a wind farm on the south side of the Manawatu Gorge.Carbon offsetsThe Te Apiti wind farm is also a carbon offset project. In 2005 the British bank HSBC purchased 125,000 tonnes worth of carbon credits from Meridian generated by the wind farm. Meridian Energy also sold the Dutch government 530,000 tonnes of carbon credits from Te Apiti. The price per tonne was considered to be about $10.40 a tonne. In both cases, the carbon credits for Te Apiti were from New Zealand's Assigned amount units allocated under the Kyoto Protocol. The New Zealand Government granted the AAUs to Meridian Energy as an incentive for carbon neutral power development under the Projects to Reduce Emissions programme (or PRE).

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