Energy

Energy Press Releases, New Zealand

Meridian and Nova finalise joint venture and financing for Te Rahui solar farm

Meridian Energy and Nova Energy have formed a 50-50 joint venture to build and operate the 400MW Te Rahui solar farm near Taupō, with $300 million in financing secured from ANZ for the first 200MW phase. Phase one is expected to deliver power from mid-2026 and, once fully complete in 2027, the project will supply enough renewable electricity for around 100,000 homes, strengthening New Zealand’s energy security and supporting its transition to a more resilient, affordable grid.

No Shortage of Wood Pellet Fuel

Azwood Energy, the manufacturers of wood pellet fuel brands Firetime, Onfire Premium & Eco Pellets are advising customers there is no shortage of supply. Homes that have installed pellet fires are often the only source of heating within the home. Pellet fires must run on a pellet made from 100% condensed wood, and there are no alternatives in terms of energy sources such as burning wood.

A GEM of an energy saving idea

Mercury Energy has released its Good Energy Monitor service (GEM), a web-based tracking and reporting tool providing residential customers with much greater visibility of their energy consumption and cost.

Biofuels Report

The Parliamentary Commissioner for the Environment has tabled a biofuels report in parliament today. The report looks at the potential role of biofuels, and identifies that not all biofuels are environmentally and socially beneficial.