Mercury seeks 100MW of new solar electricity generation

Mercury seeks 100MW of new solar electricity generation
Grid-scale solar electricity projects are becoming more common. (Image: NZME)
Pattrick Smellie
Auckland electricity generator and retailer Mercury New Zealand is seeking expressions of interest for developing, financing and constructing a 100-megawatt solar electricity generation project that it would guarantee to buy from.The proposed development would supply renewable electricity to the national grid by 2026 and would be Mercury’s “first step into grid-scale solar”.The announcement comes in the same week as Clarus, formerly FirstGas, announced a partnership with UK solar energy company Harmony to build new capacity on...

More Markets

Ryman, Fletcher lift as market ends 9-day winning streak
Markets

Ryman, Fletcher lift as market ends 9-day winning streak

Market down despite Fletcher Building and Ryman Healthcare rising.

Tom Raynel 06 Nov 2025
Allied Farmers shareholders back sale of NZ Farmers Livestock
Primary Sector

Allied Farmers shareholders back sale of NZ Farmers Livestock

Allied will hold $14m in reserves as it looks for its next investment opportunity.

Staff reporters 06 Nov 2025
BNZ profit dips as economic return proves sluggish
Finance

BNZ profit dips as economic return proves sluggish

Net-interest margin tiptoes higher but total operating income slips. 

Andy Macdonald 06 Nov 2025
Commerce Commission approves Huntly agreement
Markets

Commerce Commission approves Huntly agreement

Gentailer deal to keep Rankine unit running gets a quick tick.

Ian Llewellyn 06 Nov 2025