Renewable Energy

New Zealand's electricity system is transforming ― shifting from large-scale electricity generation to smaller-scale renewables closer to communities. This change, known as decentralisation, is expected to unlock more affordable, clean, secure, and resilient energy.

Decentralised renewable energy development offers New Zealand's primary sector a promising land use alternative with significant growth potential and attractive investor returns.

By 2050, the Ministry of Business, Innovation and Employment forecasts that New Zealand's electricity consumption will increase by 35-80%. To meet this surge in demand and achieve net-zero emissions targets, the New Zealand government is seeking to double renewable energy production. This transition will require an estimated $14 billion of investment in new generation by 2035 to maintain energy security and meet forecast demand. Private capital will play an essential role in this energy growth story, and MyFarm is soon to enable investment in this exciting sector. Keep an eye out for our upcoming offers.