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Climate change
Is Australia on track to accomplish its 2030 Emissions Reduction Target?
October 03, 2021 12:32 AM AEST| By ManishaAddressing the global issue of climate change, Australia had pledged to reduce its greenhouse gas emissions to about 26% down 2005 levels by the year 2030 at the Paris climate change conference in December 2015. The government has been taking seve.....
Why these 4 ASX, NZX-listed energy stocks are in news
September 30, 2021 11:42 AM AEST| By RomaHighlights Talks underway regarding first green hydrogen plant in New Zealand. Meridian Energy provides a management update. Mercury NZ receives clearance from Commerce Commission. New Zealand’s energy sector is known to have surviv.....
Discussing World News Day theme of the year: climate change
September 29, 2021 06:26 PM AEST| By Toshiva JainHighlights Journalists from 450 newsrooms and six continents joined an event to discuss journalism’s role in bringing the climate change crisis into the limelight. World News Day is organised by The Canadian Journalism Foundation (C.....
Mercury NZ (NZX:MCY) gets Commission’s nod for this acquisition
September 28, 2021 05:08 PM AEST| By RomaHighlights Mercury NZ receives clearance by Commerce Commission for the Trustpower acquisition. The green signal could mean a new chapter in growth and development for the Company. The prospective acquisition could mean new 780,000 connections.....
What provoked the UN Chief to say, “the world is facing a dead end?”
September 23, 2021 10:50 AM AEST| By Toshiva JainHighlights The UN Secretary-General Antonio Guterres warned that the current global efforts are insufficient. The Secretary-general asserted on the currently established vaccine inequity around the world. The focus for development and safety n.....
What does 5G mean for the environment?
September 23, 2021 06:20 AM AEST| By Toshiva JainWhen the first-generation wireless technology came out in the 1980s, no one would have thought what the fifth generation (5G) could do? Now, we live in a world where the role of the internet is dramatically growing across sectors. Interestingly, CO.....
Has Z Energy’s (NZX:ZEL) fuel demand taken a hit?
September 21, 2021 01:09 PM AEST| By SonalHighlights Z Energy is witnessing reduced demand for all fuels at present. Z has projected its volume reduction as New Zealand moves through various Alert levels amid the COVID-19 outbreak. The Group expects its RC EBITDAF to be between $270 m.....
Which are 5 NZX energy stocks to be considered in 2021?
September 20, 2021 07:46 PM AEST| By SonalHighlights NZ uses solar, hydro, wind and geothermal heat to generate electricity. Genesis Energy posted $358 million as EBITDAF in FY21. Meridian Energy provided its operating report for August 2021. Energy stocks are related to companie.....
Is Meridian Energy(NZX:MEL) on a growth path post FY21?
September 14, 2021 10:45 AM AEST| By RomaHighlights Meridian Energy went through tough times due to drought and COVID-19 disruptions Annual results were reflective of these conditions Substantial Dividend declared by the Company with DRP plan Energy companies also witnessed lowe.....
How are 5 NZX energy companies extending support to consumers?
September 13, 2021 07:32 PM AEST| By Jasmine AnandHighlights During the current lockdown, many power companies are assisting the vulnerable NZ population with electricity and power bills, schedule, and terms of payment, etc. Genesis Energy to hold an online ASM in October end. Meridian Energy.....
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Here’s how AI can help humanity win the climate change battle
September 11, 2021 12:41 AM AEST| By Toshiva JainHighlights All the findings suggest that whatever pledges have taken till now are not efficient nor effective. A recent report published by the World Economic Forum suggested how AI can become the ‘Swiss Army knife’ in the bat.....
What role do the 5 NZX energy companies play in supplying power?
September 10, 2021 11:49 AM AEST| By Jasmine AnandNew Zealand, an island nation, has most of its electricity generated through hydropower, while other sources like geothermal, solar, and wind make up for the rest. Major companies supplying electricity across the country are Contact, Meridian, Gen.....
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How climate change is making conditions tougher for Australian farms
September 07, 2021 05:22 PM AEST| By Team Kalkine MediaHighlights The world is experiencing alarming long-run effects due to the severe changes in climatic conditions in last few years. Climate change is hurting Australian farmers, who have observed a significant decline in their profits. Agricult.....
2 popular NZX energy stocks to explore in 2021
September 07, 2021 11:00 AM AEST| By RomaHighlights Exhibiting good results in recent times, these energy companies are strong and growing. COVID-19-related uncertainties could be a major setback. Dividends declared by both Companies in their recent results. New Zealand has a hi.....
5 NZX-listed energy stocks worth exploring in September 2021
September 02, 2021 04:17 PM AEST| By RomaHighlights Mercury NZ offered resilient results amidst new COVID-19-related restrictions. Trustpower offers a name for the new-generation business. Flexible energy solutions being offered by Contact Energy for a new data centre. Last year.....
NZ Windfarms (NZX:NWF)announces management changes and new strategy
September 02, 2021 11:29 AM AEST| By RomaHighlights NWF announces new management changes post results declaration. Moving towards a more sustainable approach, the Company offers a new plan of action. Interim Director to hold the position from October till a replacement is found. .....
Are underlying drivers of Meridian Energy’s (NZX: MEL) business value strong?
August 31, 2021 02:40 PM AEST| By RomaHighlights Meridian Energy announces its full-year results, indicates strong growth in customer sales. COVID-19 and the drought brought about certain challenges for the Company. Future plans for the growth and development of the new windfarm a.....
Is Trustpower (NZX:TPW) based in NZ? What are the recent deals struck by it?
August 31, 2021 12:59 PM AEST| By ManikaHighlights Mercury NZ to buy Trustpower’s retail business for a consideration of NZ$441 million. The deal is subject to a nod from the Commerce Commission, the shareholders and TECT. TPW to retain generation business and to call it Manaw.....
NZ Windfarms (NZX:NWF) offers stable full-year results, discusses future plans
August 30, 2021 01:37 PM AEST| By RomaHighlights Robust full-year results announced by NZ Windfarms. The company announces dividend of 0.45cps and EBITDAF guidance of NZ$7.8 million to NZ$8.6 million. Moving towards a sustainable future, the Company strategises its future plans. .....
Which are the 5 best power Companies in NZ?
August 26, 2021 04:52 PM AEST| By RomaNew Zealand is known to harness renewable energy well, and the energy industry is one of the leading money pullers for the country. Have a look at some of the top power Companies in the country to see how they have performed of late before you deci.....
