It will have about 300,000 solar panels and is expected to generate enough renewable energy to power close to 36,000 homes.

The mill, which employs 230 people across two sites in the central North Island, announced it was closing due to high electricity prices.

Prices will be flat this year but increase 7 percent next year, bank economist says.

The weekend’s rain means storage at Lake Manapōuri is now above average for the first time since mid-June.

The country’s biggest coal miner is seeing another 20 years of development work.

Te Aro Brewing’s IPA has been found in breach of advertising standards after complaints.

It comes as wholesale interest rates move lower following the Reserve Bank’s OCR decision this month.

The company’s profit more than halved on the back of a 15 percent drop in revenue.