North American Windpower: Canadian Hydro Signs Contracts With Ontario Power Authority

in News Departments > Projects & Contracts

by NAW Staff on Thursday 16 August 2007

Canadian Hydro Developers Inc., a Calgary, Alberta-based renewable energy developer, has been awarded two 20-year standard offer contracts from the Ontario Power Authority for the supply of 18 MW of electricity from two wind projects in Ontario.

Under the contracts, Canadian Hydro will receive C$110 per MWh for power generated. In addition, the company expects to be eligible for the Government of Canada's ecoEnergy Renewable Initiative of C$10 per MWh for 10 years.

The electricity will come from two phases of the Royal Road Wind Project, acquired by Canadian Hydro through the acquisition of Vector Wind Energy Inc. in December 2006. Located in Prince Edward County, near Picton in eastern Ontario, Royal Road will generate an aggregate estimated 47,300 MWh of power per year, according to Canadian Hydro. The anticipated capital cost of these projects is C$40 million.

Don't miss the latest wind energy news -- register to receive NAW's news headlines.

Latest Top Stories

As U.S. DOJ Investigates, Duke Works Adaptive Management Plan

With previous golden eagle fatalities reported at two company-owned wind farms in Wyoming, Duke Energy Renewables is going to great lengths to protect raptors.

DOE To Recast Landmark 20% Wind Energy Report; Study Looks Back, Ahead

The U.S. Department of Energy will update its 20% Wind Energy By 2030 report, which indicated increased levels of wind penetration for the U.S. is not only possible but feasible.

Wind Energy Procurement Top Of Mind For Big-Name Companies

With greater frequency, top-tier companies are discovering the economic and environmental power of wind energy and upping their investments in the resource.

WINDPOWER Panelists Issue A Call To Arms: Protect RPS Mandates

Votes on several legislative bills concerning state renewable portfolio standards (RPS) are nearing. How can you help protect and maintain these development drivers?

Wind Industry Still Awaits First Eagle-Take Permit Under BGEPA

The first wind developer to apply for a take permit under the Bald and Golden Eagle Protection Act has withdrawn its application.