Trustpower committed to Australian renewables projects

Mon, 15 Dec 2014

By Pattrick Smellie Dec. 15 (BusinessDesk) - Tauranga-based electricity company Trustpower says it remains committed to its renewable energy projects in Australia, in spite of the uncertainty created by the review of the Renewable Energy Targets policy by the federal government. Meridian Energy canned a 34 Megawatt hydro scheme in Northern Queensland last week, citing the uncertainty created by a long-running review of the RET, which Prime Minister Tony Abbott vowed to reform, saying it was raising the cost of electricity by subsidising r...

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