Siemens to build wind farm in Bulgaria
Innovative Wind Concepts, a joint venture between Siemens financial arm SPV and German wind park operator Windkraft Nord, will install 59 wind turbines in northeastern Bulgaria, near the Black Sea coast by the beginning of 2013.
The annual power production from the park is estimated at 350,000 MWh, the ministry said.
Wind park projects in Bulgaria have mushroomed over the past several years as investors took advantage of general incentives schemes for power produced from renewable energy sources.
The investor bonanza forced the Balkan country to tighten rules for new plants and proposed a ban to build solar and wind energy farms on arable land over fears that the renewable energy boom can cause grid instability and increase energy prices.
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NB Power signs three deals to bring more Quebec electricity into the province
FREDERICTION - NB Power and Hydro-Quebec have signed three deals that will see Quebec sell more electricity to New Brunswick and provide help with the refurbishment of the Mactaquac hydroelectric generating station.
Under the first agreement, Hydro-Quebec will export 47 terawatt hours of electricity to New Brunswick between now and 2040 over existing power lines — expanding on an agreement in place since 2012.
The second deal will see Hydro-Quebec share expertise for part of the refurbishment of the Mactaquac dam to extend the useful life of the generating station until at least 2068, when the 670 megawatt facility on the St.…
