In the UK, Fuel Cells Works reported that New Zealand firm Hiringa Energy, in partnership with Ballance Agri-Nutrients, Todd, Parininihi ki Waitōtara (PKW) and the Ministry of Business, Innovation and Employment (MBIE), announce that the Kapuni Project has reached financial close.
Hiringa Energy is the development and operating partner for the project on behalf of the partners. The project has been supported by non-recourse project financing from Westpac NZ, according to the report.
The Kapuni Project is a renewable energy and green hydrogen project in Aotearoa, New Zealand.
Kapuni is the first project in Aotearoa to integrate wind, industrial renewable electricity supply and green hydrogen production at scale, the report added.
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