SkyPower to build wind power project in Fermeuse

subscribe

SkyPower Corp. ("SkyPower"), a company affiliated with Lehman Brothers, announced today that it signed a 20-year power purchase agreement with Newfoundland and Labrador Hydro ("Hydro") to build, operate and sell power from a 27 MW Wind Project to be located in Newfoundland and Labrador.

The project is located near the town of Fermeuse, will comprise nine 3.0 MW wind turbines and is expected to be in operation by the end of 2008.

"The Government of Newfoundland and Labrador has developed one of the most progressive energy policies in the country and their support for the development of wind power is exemplary," said Kerry Adler, CEO of SkyPower.

"The Town of Fermeuse is located in one of the highest wind sites in the country and I am pleased to have the opportunity to work with Hydro to harness the wind and build a major renewable energy project for this region."

"I am excited to see the wind farm proceed towards its plan for construction next year and with the benefits it will bring to the area. We are thrilled that SkyPower has chosen to develop its project here in Fermeuse and we welcome the project," said Fermeuse Mayor Patricia Coady.

Related News

power pylons

More pylons needed to ensure 'lights stay on' in Scotland, says renewables body

GLASGOW - Renewable energy in Scotland is being held back by outdated grid infrastructure, industry leaders said, as they warned new pylons and power lines are needed to "ensure our lights stay on".

Scottish Renewables said new infrastructure is required to transmit the electricity generated by green power sources and help develop "a clean energy future".

A new report from the organisation - which represents companies working across the renewables sector - makes the case for electricity infrastructure to be updated.

But it comes as electricity firms looking to build new lines or pylons face protests, with groups such as the Strathpeffer and…

READ MORE
alberta-leads-the-way-in-agrivoltaics

Alberta Leads the Way in Agrivoltaics

READ MORE

experts-advise-against-cutting-quebecs-energy-exports-amid-us-tariff-war

Experts Advise Against Cutting Quebec's Energy Exports Amid U.S. Tariff War

READ MORE

uk national grid

National Grid to lose Great Britain electricity role to independent operator

READ MORE

Jacob Rees-Mogg

UK families living close to nuclear power stations could get free electricity

READ MORE