, New Zealand

China acquires first geothermal power station in New Zealand

Will finish building the plant near Taupo.

The Taupo plant was acquired by an as yet unnamed Chinese power company that media sources said wants to invest US$300 million to finish the plant’s construction.

When fully developed, the plant will operate 24 hours a day for the next 50 years. New Zealand’s Overseas Investment Office has approved the deal.

Critics claim the plant is simply not viable since there's not enough geothermal activity in the field. They believe China's first attempt at generating power in New Zealand will fail.

Taupo is a town on the shore of Lake Taupo in the center of the North Island of New Zealand.

 

 

 

 

 

 


 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.
PLN focuses digital processes on equitable electricity distribution
State-run firm’s president succeeded in electrifying 76,900 villages and sub-districts throughout Indonesia.
VOX POP: How can vehicle-to-grid technologies boost energy transition?
Vehicle-to-grid (V2G) technology is seen as a groundbreaking innovation towards the resilience of the power grid and the improvement of robust energy transition.