Big jump in 'committed' renewable electricity projects

A new solar farm on the Hauraki Plains is believed to be NZ's largest so far. (Image: Supplied)

Thu, 25 Jan 2024

Commitments to invest in new renewable electricity generation have doubled but remain short of forecast demand growth and are becoming more expensive thanks to surging global demand.Those are key findings of a new report for the Electricity Authority (EA) from Wellington energy analysts, Concept Consulting.The report coincides with an announcement by Clarus – the renamed FirstGas – that it has entered a joint venture with UK-based Harmony Energy to construct what it “expects to be New Zealand’s largest solar farm&rd...

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