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Foresta plans a $300 million Kawerau plant to convert pine into wood pellets, aiming to help decarbonize New Zealand’s energy.
Kawerau, New Zealand, is set to host a new $300 million plant converting radiata pine into wood pellets as an eco-friendly coal alternative.
Australian company Foresta plans to supply these pellets to Genesis Energy for electricity generation, aiming to decarbonize New Zealand’s energy supply and create over 50 jobs.
Construction is slated to start in October, pending final funding.
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Foresta planea una planta de Kawerau de 300 millones de dólares para convertir pino en pellets de madera, con el objetivo de ayudar a descarbonizar la energía de Nueva Zelanda.