Tilt first-half output beats long-term projection

Fri, 12 Oct 2018

By Gavin Evans Oct. 12 (BusinessDesk) - Tilt Renewables said stronger than expected wind conditions in New Zealand and Australia pushed first-half production 6 percent ahead of plan. The company generated 590 gigawatt-hours of electricity in the September quarter, 7 percent more than a year earlier. New Zealand production at 169 GWh was 7 percent higher than a year earlier and in line with long-term expectations. Production in Australia rose to 421 GWh, 7 percent more than a year earlier, including output from the Salt Creek project commi...

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