FIRST CUT: Mercury delivers special dividend

Article – BusinessDesk

Aug. 23 (BusinessDesk) – Mercury, the electricity generator and distributor formerly known as Mighty River Power, has delivered a 2.3 percent lift in operating earnings and declared a special dividend, reflecting its limited capital needs and the sale … Read more »

The everything ‘certified organic’ store

Press Release – Organic Boxes

Organic Boxes, the Wellington home delivery specialist, are proud to announce their product request service, allowing customers to get all their certified organic shopping delivered together. Read more »

Trustpower split frees new entity to chase wind power

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Trustpower’s plans to carve out its windfarms and renewable development pipeline into Tilt Renewables will give the new entity freedom to chase opportunities and should outweigh the cost of the transaction, according to an independent … Read more »

Transpower releases 2015/16 annual result

Press Release – Transpower

Earnings before interest, tax, depreciation, amortisation, asset write-offs, and changes in the fair value of financial instruments (EBITDAIF) were $749.4 million, a slight decrease of $6.0 million (0.8%) from the 2014/15 financial year. The decrease … Read more »

Power Restored for Nearly All Rural Hawke’s Bay

Press Release – Unison

Power Restored for Nearly All Rural Hawkes Bay Customers in Time for the Weekend Read more »

Fonterra Announces New Palm Products Sourcing Standard

Press Release – Fonterra

Fonterra has adopted a new standard for sourcing of palm products as part of its commitment to sustainability. Read more »

City should focus on long-term vison for harbour cycleway

Press Release – Jo Coughlan

Mayoral Candidate Jo Coughlan said today that Councillors should be bold and stick to the long-term vision of a truly iconic harbour cycle way around the Port. We need to focus on the long term vision for an iconic cycleway for the city. We should … Read more »

Contact Energy Wins Health and Safety Award

Press Release – Contact Energy

Contact Energys health and safety culture which empowers employees to fail safely has taken out a top award at the annual Deloitte Energy Excellence Awards in Auckland last night (10 August). Read more »

New Zealand heads towards 90% renewable generation

Press Release – Transpower

Transpower today said that recent levels of renewable generation on the power system has been around 90% a very positive step towards achieving the Governments target of 90% renewable generation by 2025. An upward trend in the use of renewable … Read more »

Para Kore wins Energy Globe Award

Press Release – Marae Para Kore

“We are very proud to be the recipient of this year’s Energy Globe Award” says Para Kore General Manager Jacqui Forbes. Read more »

Production imminent at commercial scale biodiesel plant

Press Release – Z Energy

New Zealands first commercial-scale biodiesel plant today received its first delivery of inedible tallow, which enables the beginning of biodiesel production. Read more »

Innovative NZ wireless electric vehicle charging

Press Release – UniServices Limited

AUCKLAND: July 28, 2016: Innovative wireless electric vehicle charging technology created by a team at the University of Auckland has taken a major step forward with the announcement in San Diego, United States today that Qualcomm Incorporated (NASDAQ:QCOM) … Read more »

Proposed Pricing a Regional Tax by Stealth

Press Release – Employers And Manufacturers Association

EMA is calling the Electricity Authoritys (EA) proposed pricing regime changes a regional tax by stealth. Read more »

Electricity Industry requires gameplan

Press Release – SEANZ

The results of the annual survey of electricity industry participants shows that the industry requires leadership on how to integrate new technologies such as solar, battery storage and electric vehicles. Read more »

Caltex’s AA smartfuel deal to cost Z Energy $5 million

Article – BusinessDesk

July 25 (BusinessDesk) – Z Energy, which is completing the integration of the Caltex fuel stations and Challenge! brand, has warned investors that it expects earnings to be $5 million lower due to Caltex’s deal with AA Smartfuel. Read more »

Mighty River Power Quarterly Operational Update

Press Release – Mighty River Power

HIGHEST ANNUAL GEOTHERMAL PRODUCTION IN COMPANY HISTORY Geothermal generation for FY16 was the Companys highest ever at 2,830GWh (up 2% on FY15) due to availability of 95.5% over the year and the impact of the turbine replacement at Nga Awa Purua. … Read more »

New Technology Outperforms Traditional Wind Turbine

Press Release – Pacific Wind

An overseas test has revealed a technology available to New Zealand businesses is capable of producing results three times greater than traditional systems according to Pacific Wind program manager Reza Sehdehi. Read more »

Changes ahead for Gisborne’s electricity network

Press Release – Eastland Group

Eastland Network has launched a solar research trial to gather real world data as part of its planning for the future electricity needs of the Gisborne, East Coast and Wairoa regions. Read more »

Electricity watchdog gives green light to “kill solar power”

Press Release – Greenpeace New Zealand

Wednesday, June 13: New Zealands electricity watchdog is not fit for purpose and is working with big energy companies to destroy the future of rooftop solar power in New Zealand, according to Greenpeace NZ. Read more »

Antarctica New Zealand Receives Energy-Mark certification

Press Release – Enviro-Mark

Hon Simon Bridges, Minister of Energy and Resources, hosted a celebration for Antarctica New Zealand upon receiving the worlds first EnergyMark certification from Enviro-Mark Solutions on 29 June at the Beehive. Sustainability business leaders in Wellington, … Read more »

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