Meridian Delays Major Windfarm Developments in New Zealand

PERTH, AUSTRALIA--June 12, 2013--Researched by Industrial Info Resources (Perth, Australia)--The 100-megawatt (MW) Rotutuna Windfarm development in Whangarei, Northland, New Zealand, has been significantly delayed after Meridian Energy Limited (Wellington, New Zealand) said it wanted to know more about the market conditions for renewable energy in the region before continuing with the project. The Whangarei site is believed to have superior wind energy resources; however, Meridian decided to slow down the project development due to the current soft demand for electricity in New Zealand.