Contact looking again at wind

Wed, 14 Nov 2018

By Gavin Evans Nov. 14 (BusinessDesk) - Contact Energy is looking again at wind generation and may carry out some preliminary investigations during the next two years. Shareholders heard today that improving technology and falling costs have the company looking again at wind – five years after it formally halted its earlier developments amid flat demand. The company has consent to build a 250 MW geothermal plant on its Tauhara field near Taupo and has the potential to almost double its geothermal output – depending on demand growth....

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