New zealand

Net Zero Emission

ANZ Earmarks $67 Bln to Accelerate Net Zero Transition

Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030,…

Net Zero Emission

New Zealand Farmers to Face Livestock Emissions Charges Under New Plan

The New Zealand government on Tuesday confirmed plans to price agricultural long-lived gases and biogenic methane that mainly comes from cow and sheep burps sep…

Wind Power Project

Vestas Wins 43 MW Wind Project Order

In partnership with Mercury, Vestas has secured a 43 MW order for Kaiwera Downs wind farm in New Zealand.

Wind Farm

Mercury to Build $115M Wind Farm in New Zealand

The energy company said the first stage of the 43 megawatt (MW) wind farm is underway, bringing its total investment in renewable wind generation to $600m since…

Electric Vehicle Battery

ANZ to Lend Hyundai-LG Energy JV $711 Mln to Make EV Batteries

Australia and New Zealand Banking Group has set up a $711-million lending facility for a joint venture between Hyundai Motor and LG Energy Solution that makes b…

Geothermal Power Plant

New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment

New Zealand's Contact Energy said on Monday it would spend NZ$300 million to build a 51.4 megawatt geothermal power unit near its Te Huka power station in Taupo…

Net Zero Emission

New Zealand to Review Industry Support for Emissions Costs

New Zealand will review the provision of free climate pollution credits to local industry in a move to stop over-allocations to some businesses and encourage de…

Asia to Lead Geothermal Capacity Growth

Key markets in the region are Indonesia, the Philippines, and New Zealand.

Geothermal Power Plant

How NZ Could Become a World Leader in Decarbonization Using Forestry and Geothermal Technology

Energy is the double-edged sword at the root of the climate crisis. Cheap energy has improved lives and underpinned massive economic growth. But because most of…

Electric Car

New Zealand Targets EVs, Industry with New $2.8 Billion Climate Response Fund

The New Zealand government said on Monday it would set up a NZ$4.5 billion ($2.83 billion) climate response fund, spending at least NZ$2.9 billion on cutting po…

Solar Power Plant

Top Google Exec Backs $1.3 Billion Investment in New Zealand Solar Power

A top Google executive is among investors backing a $1.3 billion planned investment in solar power in New Zealand.

Offshore Wind Power

NZ Super Fund and CIP Explore New Zealand’s Offshore Wind

NZ Super Fund and Copenhagen Infrastructure Partners (CIP) are working in partnership to explore the potential for large scale offshore wind energy in the South…

Geothermal Power Plant

NZ Government to Fund Geothermal Lithium Extraction Technologies

The New Zealand government will invest an equity stake of NZD 2 million (approx. USD 1.35 million) to scale up the lithium production technology of the Geo40.

Hydrogen Project

Australian Duo Make Shortlist for 600MW Green Hydrogen Project in New Zealand

Two of Australia’s most prominent energy players, Fortescue Future Industries and oil giant Woodside Energy, have been included on a shortlist of potential dev…

Hydrogen Project

Foton Links with BOC in Hydrogen Bus Push

China-backed Foton Mobility has teamed up with industrial gases company BOC as it looks to accelerate the roll-out of hydrogen buses in Australia and New Zealan…