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

Opinion: Now is the time for a western Canadian electricity grid

EDMONTON - The 2017 Canadian Free Trade Agreement does not do much to encourage provinces to trade electric energy east and west. Would a western Canada electric grid help electricity consumers in the western provinces? Some Alberta officials feel that their electric utilities are investor owned and they perceive the Crown corporations of BC Hydro, SaskPower and Manitoba Hydro to be subsidized by their provincial governments, so an interprovincial electric energy trade would not be on a level playing field.

Because of the limited trade of electric energy between the western provinces, each utility maintains an excessive reserve of thermal and…

READ MORE
empty space

Experiment Shows We Can Actually Generate Electricity From The Night Sky

READ MORE

map of power grid

Military Is Ramping Up Preparation For Major U.S. Power Grid Hack

READ MORE

ontario hydro lines

Opinion: Cleaning Up Ontario's Hydro Mess - Ford government needs to scrap the Fair Hydro Plan and review all options

READ MORE

Site C Dam

OPINION | Bridging the electricity gap between Alberta and B.C. makes perfect climate sense

READ MORE