Electricity retailers will be hoping recent low wholesale power prices persist into 2020 as the industry tries to avoid becoming a political football in election year.Eighteen months of sustained high prices came to an abrupt end late December as flooding in the lower South Islan...
The government’s climate policy confusion is writ large in the discussion papers ministers James Shaw and Megan Woods hurled at the public at 5pm last Friday before shutting their offices for Christmas.Shaw’s paper on the emissions trading scheme calls for urgent action; Woods’ p...
Pioneering engineering business Windflow Technology is to be liquidated after running out of time and money to develop new markets for its two-bladed wind turbines.Shareholders last week voted to liquidate the Christchurch-based company and clear its remaining debts. Three of the...
China’s Guangxi Fenglin Wood Industry Group is in talks with Trust Tairawhiti to develop a wood processing facility near Gisborne.The firm, which had been planning a development at Kawerau, said it had recently signed a letter of intent to collaborate with the trust to develop a...