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Meridian Energy - Latest News [Page 1]
Meridian To Proceed With $227m Ruakākā Solar Farm
Tuesday, 25 March 2025, 11:19 am | Meridian
Meridian Chief Executive Neal Barclay says Ruakākā Solar Farm will provide benefits to the New Zealand energy system and Northland’s energy resilience. More >>
Wind And Rain Warmly Welcomed
Wednesday, 19 March 2025, 2:45 pm | Meridian
Following months of gradual decline, Lake Pūkaki - New Zealand’s largest hydro storage lake - has held largely steady since 15 March and enjoyed a very modest increase of around 12cm since the morning of 18 March. More >>
Winter ‘24 Hedging Costs Impact Interim Financial Result
Wednesday, 26 February 2025, 9:01 am | Meridian
With a challenging first half to the financial year, the Meridian Board has decided to maintain the interim dividend at the same level as the prior period, and declared an interim ordinary dividend of 6.15 cents per share. More >>
Meridian And NZAS Agree 50MW Reduction For Winter 2025
Tuesday, 25 February 2025, 11:19 am | Meridian
As part of the agreement, Meridian and NZAS have agreed that Meridian will next have the ability to call for demand response Option 3 (100MW) or Option 4 (185MW) under the demand response agreement between the parties to take effect from 12 April 2026. More >>
Meridian Enters Into Agreement To Acquire NZ Windfarms
Wednesday, 19 February 2025, 9:05 am | Meridian
The two companies are already parties to a 50-50 joint venture to repower NZWF’s largest asset, the Te Rere Hau Wind Farm in Manawatū, and for Meridian to purchase 100% of the generation from the wind farm. Meridian also currently holds a 19.99% ... More >>
Meridian Secures Consent For Mt Munro Wind Farm
Tuesday, 18 February 2025, 11:32 am | Meridian
“New Zealand is heading towards another winter that’s set to highlight the challenges our electricity system can face when experiencing a shortage of fuel, whether that’s low lake levels or a shortage of gas,” says Meridian Chief Executive Neal Barclay. More >>
Ruakākā Solar Farm Gains Planning Consent
Monday, 10 February 2025, 9:13 am | Meridian Energy
Ruakākā Solar Farm will be capable of producing 150-200 gigawatt hours of electricity per year – enough to power more than half the homes in Northland – and it’ll boost the region’s resilience by reducing its reliance on electricity generated ... More >>
Turning Hot Water Into A Hot Deal
Wednesday, 5 February 2025, 11:22 am | Meridian
Smart Hot Water uses technology to shift when a home’s hot water is heated, automatically switching off the electricity supply to hot water cylinders during peak periods and switching it back on when there is less demand. More >>
Meridian And Nova To Partner On Te Rahui Solar Farm
Friday, 20 December 2024, 8:51 am | Meridian
The circa $660 million project, for which Nova received resource consent in April this year, will produce enough electricity to power around 100,000 homes. It is intended to reach Financial Investment Decision in the first quarter of 2025 and will be carried ... More >>
New Manapōuri Transformer Commissioned, Capacity Close To Full
Wednesday, 18 December 2024, 1:34 pm | Meridian
New Zealand’s largest hydro power station has received an early Christmas present, following the successful commissioning of a new transformer. Transformer faults have been restricting generation at Manapōuri, and a replacement unit was delivered to ... More >>
Neal Barclay Steps Down In 2025, Mike Roan Appointed Chief Executive
Thursday, 12 December 2024, 9:02 am | Meridian
Mike’s tenure at Meridian started in 2006 in the Strategy team. Since then, he has taken on various leadership roles, including General Manager of Wholesale and his current role as CFO. More >>
Kiwi Community Groups Receive Big Boost For Electrification Efforts
Thursday, 28 November 2024, 12:58 pm | Meridian
With projects ranging in cost from $19,000 to $179,000, the funding will help these community groups achieve their electrification plans, reduce emissions and operating costs, and ensure more money is available for their work and reaching those in their ... More >>
Giant Transformer Is Safe, Sound And Underground
Wednesday, 30 October 2024, 12:14 pm | Meridian
A 104-tonne transformer’s not a quick or easy thing to transport, with the New Zealand leg of the journey taking place over several carefully planned days last week. More >>
Lake Pūkaki – Back In Black And On The Right Track
Tuesday, 8 October 2024, 1:10 pm | Meridian
“All the rain we missed from April to August finally arrived in September,” says Meridian GM Wholesale Chris Ewers. More >>
Meridian's Ruakākā Solar Farm Gets Consent
Wednesday, 25 September 2024, 1:55 pm | Meridian
Meridian’s Head of Renewable Development, Rebecca Knott, says the project will boost resilience for the region by reducing Northland’s reliance on electricity generated from other parts of the country. More >>
Substantial Snowfall Is Perfect For Summer
Tuesday, 17 September 2024, 1:41 pm | Meridian Energy
On 20 August the snow base was just 63% of average - the lowest recorded for that time of year, while it had been as low as 58% of average earlier in the season. More >>
Rain Comes Down, Lakes Go Up
Monday, 16 September 2024, 2:17 am | Meridian
South Island hydro lakes exceed the 91-year average for the first time since May, bolstered by rain forecasts, while wind farms also enhance energy generation efficiency. More >>
The Most Excitement About Going Electric Since Bob Dylan In 1965
Sunday, 15 September 2024, 11:04 pm | Meridian
The coffers of community groups throughout New Zealand could receive a spectacular jolt, with more than $1.2m up for grabs to help with community electrification projects. More >>
Southern Hydro Lakes Receive Timely Top-up
Sunday, 15 September 2024, 10:51 pm | Meridian Energy
In addition to lake levels, seasonal snow storage in the Waitaki catchment has increased significantly, which will help with spring and summer in-flows. More >>
Meridian Lifts Financial Performance And Lays Foundation For Future Growth
Wednesday, 28 August 2024, 1:09 pm | Meridian Energy
“This is a strong and improved operating result that allowed us to invest $349 million in new and existing generation assets during the year,” says Chief Executive Neal Barclay. More >>
