Blackrock moves into NZ energy sector
20 Sep 2022
The acquisition of solarZero by BlackRock Real Assets opens up the possibility of considerable investment in distributed solar in New Zealand and also the potential to expand the company’s model overseas.
BlackRock is one of the world’s biggest investors and asset managers with its real assets team having $US60 billion in funds.
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Bill to restart oil and gas exploration clears final hurdle
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By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.
Coal use drove recent emissions increase
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Increased use of coal for electricity generation was a large driver for an increase in New Zealand’s greenhouse gas emissions in the last quarter.
A modest geothermal strategy
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By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Last minute change to oil and gas legislation over cleanup costs
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By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Fund for low emissions transport winds up
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New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Multi-day protest continues at coal mine
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Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Hiringa eyes green methanol plant near Whanganui
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By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
EV sales fall, but it’s complicated
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Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
Wilding pines threaten Molesworth Station
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By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Taranaki mayors want hydrogen kick-start from Wellington
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By Craig Ashworth, Local Democracy Reporter Taranaki mayors want central government to partner up with their councils to kick-start a hydrogen industry. This despite ongoing questions about the gas’s effectiveness in reducing carbon emissions.
