New Zealand

Genesis, FRV Australia reaches financial close for 63 MW solar farm

The project is expected to start generating electricity by the second quarter of FY25.

Genesis to use Kupe gas field profits for $1.1b renewable generation

The investments will grow Genesis’ renewable portfolio to 8,300 GWh.

Eastland Group sells 50% stake in generation unit to Obayashi Corp

The capital raise included three geothermal projects, amongst others.

Genesis Energy, NZGIF endorse switch from fossil fuels

Van Lier Nurseries will be the first company to switch from gas-fired boilers to electric.

Genesis Energy, FRV Australia bags three sites for 400 MW solar farms

The projects will be situated in Manawatu, Waikato, and Hawker’s Bay.

Genesis Energy net profit up 72% YoY in FY23

The number of its customers increased by over 10,000.

Genesis Energy inks deal with Fonterra for biomass use

They plan to use biomass as an alternative fuel source for coal.

Genesis Energy-FRV Australia JV acquires 52MW solar plant in New Zealand

Once operational, the plant can supply power to 9,800 houses.

NZ Super Funds, CIP tie up for offshore wind project dev’t in New Zealand

The project is planned to have a 1GW capacity but can be expanded to 2GW.

11GW of solar power could be installed in New Zealand: Transpower

The country could have 16GW of distributed solar power by 2050 if panels were installed across its projected 2.4 million households.