Future energy centre receives $70m funding boost

NZ might see more solar farms thanks to the work of Ara Ake (Image: NZME)

Thu, 13 Jul 2023

The government has signed up to a funding agreement with Ara Ake - Aotearoa New Zealand’s future energy centre - worth an additional $70 million over 10 years.Based in Taranaki, Ara Ake is a limited liability company set up by the government in 2019 to lead the development of low-emissions energy innovation in NZ. It focuses on taking prototype ideas and making them commercially viable. It was originally budgeted to have $27m in government funding over four years.It is part-owned by various industry, regional and research organisations an...

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