NZ Windfarms performs below forecast in fourth quarter of full operations

Tue, 17 Jul 2012

July 17 (BusinessDesk) - Tararua Ranges wind energy generator New Zealand Windfarms enjoyed much higher electricity prices in its fourth quarter of full operations than in its first full half year, but generated less than the average of the first two quarters to perform below forecast, the company said. NZ Windfarms operates Te Rere Hau windfarm, using Christchurch-developed two bladed turbines from Windflow Technology, which continue to exceed noise levels required under the development's resource consents. "The court has made declarations w...

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