The Government's new partnership with BlackRock Capital is set to fast-track the nation's transition to renewable energy.

BlackRock's investment fund is set to boost renewable solar, wind and green hydrogen energy infrastructure to eventually produce 100 percent renewable electricity.

Milford Asset Management analyst Deborah Lambie warns New Zealand's power grid is set to face more challenge and complexity as a result.

"We need significant investments and upgrading in our grid in order to support the electrification trend that we're seeing."

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The Government's new partnership with BlackRock Capital is set to fast-track the nation's transition to renewable energy.
BlackRock's investment fund is set to boost renewable solar, wind and green hydrogen energy infrastructure to eventually produce 100 percent renewable electricity.
Milford Asset Management analyst Deborah Lambie warns New Zealand's power grid is set to face more challenge and complexity as a result.
"We need significant investments and upgrading in our grid in order to support the electrification trend that we're seeing."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.