New Zealand

Meridian to Sell Aussie Biz to Shell & ICG Consortium for $5278 M

New Zealand electricity generator and retailer Meridian Energy is selling its Australian business to a consortium of Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell and Infrastructure Capital Group (ICG) for A$729 million ($527.80 million), subject to possible adjustment depending on the timing of completion. On completion, Shell will become the owner of […]

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New Research Accelerates Development of Organic Solar Cells

A team of researchers is working to replace heavy and expensive silicon solar cells currently being used in the solar industry with light and low-cost organic solar cells – made from materials and elements found in plants and animals – which could help in the battle against climate change. Most of today’s solar cells are made from […]

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New Zealand Makes World’s 1st Climate Change Law For Financial Firms

New Zealand is about to become the world’s first country to bring a law into force that demands environmental accountability from financial firms by asking them to report on how their businesses affect climate change. The aim is to bring the financial sector on board with the efforts being made towards achieving the country’s target […]

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Siemens Gamesa to Supply New Zealand’s 2nd Largest Wind Farm

Siemens Gamesa will supply 41 of its wind turbines for New Zealand’s second largest wind farm to Meridian Energy, strengthening its leading position in the country’s wind energy market. Following its expected commissioning in 2023, the 176 MW Harapaki wind farm will generate sufficient renewable energy to power over 70,000 local average households and support […]

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New Zealand Approves 22 New Low-Emission Transport Projects For Clean Environment

Energy and Resources Minister Megan Woods has said that the New Zealand government has approved 22 new low-emission transport projects, as extended additional support to clean up the environment. A community electric bike and car share scheme, additional electric vehicle (EV) charging stations, as well as five hydrogen trucks and a demonstration electric truck, are […]

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Vestas Secures 103 MW Order and EPC Contract in New Zealand

Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […]

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New Zealand Plans to Go Carbon Neutral by 2050

“Agriculture is incredibly important to New Zealand, but it also needs to be part of the solution,” Climate Change Minister James Shaw said.  New Zealand introduced legislation Wednesday to make the South Pacific nation carbon neutral by 2050, although greenhouse gas emissions from the economically vital agricultural sector will not have to meet the commitment. […]

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Savo-Solar to Start Sales and Marketing of Turn-Key Deliveries in Australia

Geoflow acts as the local partner for Savo-Solar and is in charge of turn-key system deliveries to customers in the region. Savo-Solar is supplying the equipment and participates also in projects when necessary. Savo-Solar has signed a cooperation agreement with Geoflow Australia Pty Ltd concerning the sales and marketing of solar thermal fields and turn-key […]

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Saudi Solar Organization to Embrace Green Digital Currency

ACWA trusts that embracing SolarCoins won’t just turn into an extra income stream, however, energize other solar energy speculators to introduce more age limit. ACWA Power, the Saudi-based developer, proprietor and administrator of energy age and water desalination plants, will now begin utilizing SolarCoin, the first run through an utility-scale organization will embrace the worldwide […]

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