Foresight Group-backed developer NZ Clean Energy (NZCE) and Fonterra have signed a long-term virtual power purchase agreement (PPA) under which the dairy cooperative will purchase electricity generated by NZCE's Darfield solar-plus-storage project in Canterbury.
German renewables developer Juwi will cut jobs and reduce its management staff in response to declining margins and “significant economic pressure” in the German renewables market.
Gamuda Renewables has secured an interest in the 450MW Hazelwood North solar-plus-storage project from Latrobe Valley-based developer Manthos Investments.