A Christchurch-based energy company has accused the government of undermining trust in its support for emerging energy businesses after funding for the Aka Ake energy innovation centre in New Plymouth was scrapped. The decision has left the project waiting for $600,000 in promised support.
The company, which is based in Christchurch, had been relying on government funding to develop the Aka Ake centre, which aims to promote innovation in the energy sector. The sudden withdrawal of financial backing has created uncertainty about the future of the project.
Officials have not yet provided a detailed explanation for the decision, but the company claims it has been left in a difficult position. The funding was part of a broader initiative to support new energy businesses, and its cancellation has raised concerns about the government’s commitment to the sector.
The situation highlights growing tensions between the government and local businesses that rely on public funding for development. (thepress.co.nz)
