Tauhara II Power Plant is a 174MW geothermal power project. It is planned in Waikato, New Zealand. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2024. Buy the profile here.
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Description
The project is being developed and currently owned by Contact Energy. The company has a stake of 100%.
The project is expected to supply enough clean energy to power 200,000 households.
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Genesis Energy under a power purchase agreement for a period of 15 years from 2025. The offtake capacity is expected to be 62.5MW.
Contractors involved
Sumitomo is expected to render engineering procurement construction services for the geothermal power project.
Fuji Electric will be the steam turbine supplier for the geothermal power project.
For more details on Tauhara II Power Plant, buy the profile here.
About Contact Energy
Contact Energy Ltd (Contact Energy) is an energy company that generates electricity, and natural gas and sells them to customers. It owns and operates power stations and produces electricity from various sources of energy, hydro and geothermal sources, including renewable. The company generates more than 80% of the power using renewable sources. It supplies electricity and gas to residential, commercial and industrial customers throughout New Zealand. The company also trades a range of financial products. The company also offers other energy related products and related services to customers such as provision of smart meter services, among others. Contact Energy is headquartered in Wellington, New Zealand.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
