Geothermal energy project in New Zealand moves forward

Eastland Group is given approval to move on to the next development phase of its geothermal power station. In a recent press release from Eastland Group, the company announced that it has received development approval from its sole shareholder, Eastland Community Trust, to go ahead with its planned $120 million investment in its Te Ahi O Maui geothermal energy plant. The company intends to build the plant near Kawerau, a town in New Zealand’s Bay of Plenty region. The plant will be designed to produce about 20 megawatts of power.…

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