Ryman Healthcare signs solar power agreement

Ryman Healthcare signs solar power agreement
Ryman is backing a Northland solar farm. (Image: NZME)
Ian Llewellyn
Ryman Healthcare has signed a power purchase agreement with Mercury Energy and Solar Bay to pay for all electricity generation from an under-construction Northland solar farm.The financial terms of the 10-year deal are confidential but it is for the Maungaturoto farm’s full generation output of nearly 30 million kilowatt hours a year, which was about Ryman’s full electricity demand.Solar Bay has estimated the Northland farm will cost $35 million to build.It is a ‘sleeve’ deal done through Mercury as Ryman’s retaile...

More Energy

Methanex returns to production
Energy

Methanex returns to production

Rain, higher lake levels and generation moves means the methanol producer has reopened.

Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Ian Llewellyn 03 Jul 2025
Genesis looks at expansion of Huntly power station
Energy

Genesis looks at expansion of Huntly power station

Market being tested for risk investment appetite. 

Ian Llewellyn 01 Jul 2025
Winter 2026 energy shortage warning confirmed
Energy

Winter 2026 energy shortage warning confirmed

Gas has declined even further, but so has industrial demand.

Ian Llewellyn 30 Jun 2025