Boralex acquires rights for Ontario wind project
The wind power project, located in the municipality of Chatham-Kent, will be submitted into the Ontario Power Authority's third request for proposal (RFP) for 500MW of renewable energy supply likely due in fall 2008.
This RFP represents one of the measures taken by the Ontario government in view of securing 2,000MW of renewable energy.
Patrick Lemaire, president and CEO of Boralex, said: "This strategic acquisition allows Boralex to reinforce its presence in Canada, principally in a region favorable to the production of renewable energy, and in a sector where its expertise is recognized."
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WASHINGTON - Last week the independent administrator for Duke’s 680 MW solar solicitation revealed data about the projects which have bid in response to the offer, showing a massive amount of interest in the opportunity.
Overall, 18 individuals submitted bids for projects in Duke Energy Carolinas (DEC) territory and 10 in Duke Energy Progress (DEP), with a total of more than 3.9 GW of proposals – more nearly 6x the available volume. DEP was relatively more over-subscribed, with 1.2 GWac of projects vying for only 80 MW of available capacity.
This is despite a requirement that such projects come in below the…
