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Crest gathers support for Kaipara tidal project

20 Feb 2009

Crest Energy has until next Friday to submit expert witness evidence to the Environment Court in support of its plan to build a tidal power project on the Kaipara Harbour.

Director Anthony Hopkins told Carbon News that the company is on track to file the evidence on time.


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Story copyright © Carbon News 2009

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Funding first: Genesis reinforces the balance sheet

Today 12:00pm

Genesis Energy’s $400 million equity raise landed alongside a record first half, but the capital decision rather than the earnings headline is the more revealing signal about how the company intends to navigate the next phase of the build cycle.

Gisborne leads NZ in solar battery uptake as resilience drives demand

Wed 4 Mar 2026

By Shannon Morris-Williams | Battery storage is rapidly moving from add-on to mainstream in New Zealand’s residential solar market, with 2025 data showing stark regional differences in uptake, according to new analysis.

Climate Change and Energy Minister Simon Watts with International Energy Agency head Fatih Birol last week

Govt plan to encourage new energy investment won’t cut costs for ordinary Kiwis

26 Feb 2026

By Liz Kivi | While gentailers and major energy users have welcomed the Government’s plan to leverage public sector demand to drive new energy projects, an expert says it is unlikely to reduce prices for ordinary people.

Gas and energy industry specialist, Andy Knight, has been named as chair of the Gas Security Fund

Gas security fund panel named – but projects still hush-hush

26 Feb 2026

The Government’s $200m Gas Security Fund has attracted interest from “several” entities, but officials are refusing to disclose who is circling or what types of projects are being put forward, leaving the market to take the programme’s credibility largely on trust.

Kaiwera Downs Wind Farm

Mercury ramps up renewable investment with $1b pipeline

25 Feb 2026

Mercury is accelerating investment in wind, geothermal and hydro assets, reinvesting $270 million — half its half-year earnings — into new and existing renewable generation.

Genesis Energy chief executive Malcolm Johns

Government invests $200m towards Genesis Energy's $400m capital raise

23 Feb 2026

The Government has confirmed it will buy up to $200 million of new Genesis Energy shares as part of a capital raise announced by the company this morning.

Govt’s own modelling shows LNG leads to higher electricity prices than other solutions

19 Feb 2026

By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.

Renewables could meet energy gap without LNG imports: report

18 Feb 2026

By Shannon Morris-Williams | Importing liquefied natural gas to support electricity supply could lock households and businesses into higher energy costs for decades, while cheaper and more secure alternatives are already available, according to a new report from the New Zealand Green Building Council.

Flawed decision-making around taxing electricity to fund LNG import terminal

16 Feb 2026

By Simon Orme | COMMENT: The Government's decision to back an LNG import terminal exemplifies an egregious failure in public policy and energy sector governance.

Lawyers for Climate Action executive director Jessica Palairet

Lawyers seek answers on climate impacts of LNG import facility

13 Feb 2026

By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.

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