NZSE:MEL
NZSE:MELRenewable Energy

Meridian Energy (NZSE:MEL) Ramps Up Solar Ambitions With $300 Million Te Rahui Joint Venture

Meridian Energy Limited and Nova Energy Limited recently completed agreements to form a 50-50 joint venture for the 400MW Te Rahui solar farm near Taupo, with $300 million in financing secured for the first phase and project offtake agreements established. With the first stage set to deliver power by mid-2026 and both phases expected to supply electricity for around 100,000 homes, this renewable initiative underscores a significant expansion in New Zealand's solar generation capacity. We'll...
NZSE:SCL
NZSE:SCLFood

Global Penny Stocks To Consider In August 2025

Amidst a backdrop of evolving global market dynamics, the recent commentary from Federal Reserve Chair Jerome Powell on potential rate cuts has sparked renewed investor interest and optimism. As major indices like the S&P 500 and Russell 2000 show resilience, investors are increasingly exploring diverse opportunities to capitalize on these shifting conditions. Penny stocks, despite their somewhat outdated nomenclature, remain a compelling area for those seeking growth in smaller or newer...