Oil & Energy - West Perth, Western Australia, Australia
New World Energy Limited is one of Australia's leading geothermal exploration and development companies.The company is focused on Western Australia where it is the largest geothermal landholder with dominant positions over the most prospective areas in the resources rich Pilbara and Mid West regions. These regions need large amounts of geothermal energy to meet the huge forecast increases in base-load electricity demand driven by Asia's hunger for Western Australia's rich mineral and gas reserves, while enabling Australia to meet its target of 20% renewable energy by 2020.
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