Sea Breeze Power Corporation, a Vancouver based alternative energy energy developer recently announced that Ontario based International Power Canada Inc. has purchased a majority interest in phase 1 of the Knob hill wind farm located about 35 kilometers north west of Port Hardy on the northern tip of Vancouver Island. The project will generate 99 MW when completed in late 2012. On march 31, 2010 the project was offered a 20 year Electricity Purchase Agreement from B.C. Hydro.
The project has received strong support from the local communities as well as from the Quatsino, Tlatlasikwala and Kwakiutl First Nations. This will be the first wind project developed by Sea Breeze.
The largest planned wind power development in B.C., the Naikun Wind Development project, has hit
another roadblock. This troubled project was to be an offshore wind farm based in the Hecate Straight near Prince Rupert, but the recent announcement by B.C. Hydro that the project would no longer be under consideration in the Clean Power Call means that the project will not qualify for the 20 year Electricity Purchase Agreement. Without this agreement it will be difficult if not impossible to get further development funding. The company board met to hold a strategic review in order to maximize shareholder value and analyze all their options. Following the meeting there were changes in the management team with Michael O'Connor replacing Paul Taylor as President and CEO. Mr O'Connor has many years of senior management experience and was previously project director for the Canada Line and President and CEO of B.C. Transit.
Finavera Renewables Inc. announced that all four of it's wind power projects submitted for the 2008 Clean Power Call have been accepted by BC Hydro for long term power purchase agreements.
These projects are the the 71 MW Wildmare Wind Energy Project, expected to be completed in 2012.
The 45 MW Tumbler Ridge Wind Energy Project, also with a planned 2012 completion date.
The 117 MW Meikle Wind Energy Project, with a planned completion date of 2013.
And the 60 MW Bullmoose Wind Energy Project, with an expected completion date of 2014.
The total cost of these four projects is estimated to be $800 million and are expected to contribute 524,000 person hours of employment during the construction period.
Comments