Genesis eyes country's biggest solar project to reduce emissions

Fri, 21 Feb 2020

Genesis Energy is in talks to buy the output of a 300-megawatt solar farm proposed for northern Waikato.The project would generate about 550 gigawatt-hours of electricity and would have “nice synergies” with the gas- and coal-fired generation Genesis operates at Huntly, chief executive Marc England told BusinessDesk. Genesis also operates the Tongariro and Waikaremoana hydro schemes in the North Island and the Tekapo scheme in the South Island.The solar project, being developed by an unnamed third-party provider, wouldn’t be available until 202...

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John Penno quits Synlait board as George Adams elected chair

Synlait Milk co-founder John Penno has quit the company’s board, and George Adams has taken over as chair.The debt-laden milk processor told the New Zealand stock exchange (NZX) on Wednesday that Adams, who joined the board in March as an independent director, would take over fro...

Riley Kennedy 9:15am