A group of international and local firms have announced plans to build an offshore wind farm off the Taranaki coast.
The 900 megawatt wind farm is the first of four projects planned by BlueFloat Energy, Energy Estate and Elemental Group.
Initial research show that the farm could power nearly half a million homes.
The project, will see turbines fixed to the sea floor. The farm would be 22 kilometres off the coast and cover 230 square kilometres of ocean.