MB Century's Geothermal Energy Expansion: Strengthening Collaboration Between New Zealand and Taiwan
Key Ideas
- MB Century, a New Zealand energy company, collaborates with Taiwanese firms to develop Taiwan's geothermal energy sector, supporting the country's 'Net-Zero 2050' goal.
- The company has successfully worked on geothermal projects in Taiwan, receiving recognition for its efforts, and aims to establish a local office to further enhance opportunities.
- In addition to Taiwan, MB Century is expanding its geothermal services to the Philippines, Indonesia, Kenya, and Japan, showcasing its commitment to sustainable energy worldwide.
- The collaboration between New Zealand and Taiwan in the geothermal field highlights mutual interests in efficiency and innovation, despite facing challenges like navigating labor laws.
New Zealand's MB Century, based in Taupō, is actively involved in expanding geothermal energy projects in Taiwan, collaborating with local technology conglomerates and government entities. The company's ventures in Taiwan have been fruitful, with a growing presence and successful projects contributing to Taiwan's aim of achieving 60-70% of its power supply from geothermal sources by 2050. MB Century's expertise in geothermal energy has not only benefitted Taiwan but also led to collaborations in the Philippines, Indonesia, Kenya, and Japan. The company's CEO and International New Ventures manager have expressed confidence in being at the forefront of sustainable energy development globally. Despite challenges like labor laws, MB Century remains dedicated to promoting renewable energy and fostering partnerships for a greener future.
Topics
Asia
Sustainable Energy
Energy Sector
Collaboration
International Ventures
Geothermal Projects
Asia Expansion
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