New deal signed for delayed solar farms

New deal signed for delayed solar farms
Lodestone has faced delivery delays in getting its planned solar farms built. (Image: Lodestone)
Ian Llewellyn
Lodestone Energy has signed a power purchase agreement for its yet-to-be-built solar farms with Pulse Energy as it continues to deal with delays to construction.Lodestone’s managing director, Gary Holden, said ground preparation work had begun on the company’s Kaitāia solar farm. An official sod-turning ceremony would be held in December with the hope that the farm would be commissioned and generating power in mid-2023.Back in September 2021, Lodestone said it planned to break ground in December of that year and have New Zealan...

More Energy

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
Energy squeeze just gets tighter
Energy

Energy squeeze just gets tighter

Near-term future wholesale electricity prices rise above $400 per megawatt hour.

Ian Llewellyn 26 Jul 2024
SOE wanted to close NZ's only gas trading platform immediately
Markets

SOE wanted to close NZ's only gas trading platform immediately

Transpower said the closure would make no difference; the sector disagreed.

Ian Llewellyn 24 Jul 2024
ForBarr downgrades Genesis on gas uncertainty
Markets

ForBarr downgrades Genesis on gas uncertainty

The company faced the greatest challenges in the sector. 

Ian Llewellyn 23 Jul 2024