Calgary-based renewable energy producer Canadian Hydro Developers Inc. says it has acquired the rights for an Ontario wind energy project that could become the world’s largest offshore wind farm. Terms of the deal with Utah-based wind project developer Wasatch Wind Inc. were not disclosed. “We expect the offshore wind prospect to give Canadian Hydro years of strong, double-digit growth and to provide our shareholders with attractive returns,” Kent Brown, chief executive with Canadian Hydro, said in a release. Canadian Hydro also has not specified the exact location of the site, but said it was about five to 30 kilometres offshore in one of the great lakes bordering Ontario. The company expects the site to ultimately generate some 4,400 megawatts, enough to power more than two million homes. However, Canadian Hydro will take its time with the project as the first 400- to 500-MW stage is planned to come online in the fourth quarter of 2014. There are no estimates on when the project will be complete. The office of George Smitherman, minister of energy and infrastructure, released a statement confirming negotiations with Samsung have been ongoing for months. “Efforts are progressing well toward the signing of a historic framework agreement,” the statement said.
Courtesy Canwest News Service
China has approved four renewable energy projects.
Of the four projects, two are said to be hydro-electric facilities with capacities of up to a 1,000 megawatts, and the rest are wind power plants with capacities of 100 megawatts each. The hydro-electric power plants are the Sichuan Daduhe Luding Hydro-electric Plant and Guizhou Beipanjiang Dongqing Hydro-electric Plant, which are both located in Southwest China where there are rich water resource. The two wind power projects are the Hebie Huadian Guyuan Wind Power Plant and the second phase of Jiangsu Rudong Wind Power Plant, both being located at China’s “Wind Power Three Gorges”.
At a meeting held earlier this year, China stated that it would spend more than ten years building four wind power plants with a combined capacity of over 10,000 megawatts in Gansu, Inner Mongolia, Hebei, and Jiangsu. As the combined capacity of these wind power plants is almost the same with that of the Three Gorges, the four regions were nicknamed “The Wind Power Three Gorges”.
Each of the wind power facilities approved at this time features large wind turbines rated at 1.5 megawatts.
Enbridge Inc is buying a 20-megawatt solar project That First Solar Inc is building near Sarnia, Ontario. The Sarnia solar project, expected to be completed by the end of this year, will be the largest photovoltaic facility in operation in Canada. Enbridge has spent $100 million on solar energy this year.