Govt’s partner for financing renewable energy projects is being investigated by US Senate committee for its China dealings
Hard on the heels of announcing plans to ease the way for more wind farms, our government announced plans for fast-tracking nine solar power projects and – in today’s news – the launch of a $2 billion fund aimed at making New Zealand one of the first countries in the world to reach 100% renewable electricity.
The fund is being established with the help of an American company, BlackRock, which the Beehive press statement describes as one of the world’s largest investors in climate infrastructure and clean technology.
