Minister seeks ‘urgent advice’ on $115m at risk in SolarZero collapse

Posted: 28 Nov 2024

About 25 solar panel installation companies haven’t been paid for hundreds of thousands of dollars of work for New Zealand’s biggest solar energy company, now in liquidation. And SolarZero’s staff are owed nearly $1.5 million for unused annual leave..

And as the contagion spreads to government green investment bank NZGIF, the finance minister is asking for “urgent advice” from Treasury.