NZGIF invests $15m in Lodestone Energy for five solar farms
27 Jul 2023
Media release - NZGIF will supply up to $15m in working capital to Lodestone Energy, to further support the construction of five solar farms in New Zealand.
When completed, Lodestone’s solar farms will generate enough energy to power 50,000 average homes. Lodestone will become the largest independent solar energy generator in the country.
"New Zealand is facing increasing demand for clean, renewable electricity as the economy continues to grow and we take steps to replace fossil fuel use. NZGIF and Lodestone have developed a flexible finance structure which will support deployment for Lodestone," said Jason Patrick, Chief Investment Officer, NZGIF.
Conference to tackle flooding and storms to build a climate-resilient future
Fri 9 May 2025
Protecting communities from flooding and ensuring a sustainable and climate resilient water future will be a key focus at a major stormwater conference in Rotorua next week.
Transpower proposes up to $1.4 billion investment in Cook Strait electricity link
Thu 8 May 2025
Media release | Transpower is seeking views on a proposed investment of up to $1.4 billion in Aotearoa New Zealand’s Cook Strait electricity link to ensure it can deliver an affordable and reliable electricity supply to the country as the economy electrifies over the next 40 years.
AgriZeroNZ backs methane-cutting probiotic in first Australian investment
Thu 8 May 2025
Media release | AgriZeroNZ, the public-private partnership accelerating development of tools to help farmers cut emissions, is investing NZ$1.5 million in Bovotica, a pioneering Australian start-up aiming to reduce methane emissions from cattle and boost productivity.
Commissioner recommends federated system to improve environmental information
Tue 6 May 2025
Media release | The Parliamentary Commissioner for the Environment has written to Ministers recommending they start work on developing a federated system for environmental information.
Cookstove carbon credits: Recipe for cooking the climate books
Tue 6 May 2025
Media release | A new report reveals that cookstove carbon projects eligible for the Korean Emissions Trading Scheme are at risk of issuing 18 times more credits than they should, echoing past EU carbon market mistakes.
Climate effects of volcanoes beneath the waves
Mon 5 May 2025
Media release | Volcanoes erupting underwater have a distinctive effect on the climate that is larger and more widespread than previously thought, according to an international group led by University of Auckland and Tongan scientists.
EECA and Centre for Sustainable Finance partner to unlock private capital for clean energy
1 May 2025
Media release | The Centre for Sustainable Finance: Toitū Tahua (CSF) and EECA (Energy Efficiency and Conservation Authority) have, today, announced a strategic partnership to accelerate private investment in New Zealand’s energy transition. This collaboration aims to address barriers to financing renewable energy projects and energy efficiency projects.
New VCMI guidance risks justifying carbon offsetting and delaying real corporate climate action, NGOs say
1 May 2025
Media realease | In new guidance, the Voluntary Carbon Markets Integrity Initiative (VCMI) is promoting the use of carbon credits to camouflage the fact that companies grappling with their indirect (scope 3) emissions are off track to reach their commitments. But carbon credits must not replace direct emissions reductions, NGOs warn.
EDS releases concerning assessment of RMA reform proposals
30 Apr 2025
Media release | EDS has released its comprehensive analysis of the Government’s proposals for a new resource management system and, overall, finds the design concerning.
MEUG welcomes the launch of the Energy Transition Framework
30 Apr 2025
Media release | The Framework brings together generation, retail, the local lines companies and national grid operator Transpower to navigate toward a low-carbon electrified future.
