Also in 2023, CIP and NZ Super Fund signed an agreement with Port Taranaki and BlueFloat Energy , which also has offshore wind projects planned in New Zealand, for a joint study into how Port Taranaki’s assets, infrastructure and land can support the growth of the offshore wind industry in Aotearoa.

According to the Global Wind Energy Council (GWEC) , New Zealand has a technical offshore wind potential of 2,252 GW. Of this, 148 GW has been marked suitable for fixed-bottom wind turbines and 2,104 GW for floating wind.