in News Departments > Projects & Contracts
print the content item

Nova Scotia Power has entered negotiations with independent power producers for 240 MW of wind energy. According to Ralph Tedesco, president and CEO of Nova Scotia Power, discussions are under way with a number of developers for projects at eight sites throughout the province.

This addition of renewable energy represents the largest investment in new power generation in Nova Scotia since construction of the Point Aconi generating station in 1992.

"By 2013, nearly 20 percent of all Nova Scotia's electricity will come from green sources like wind," says Energy Minister Richard Hurlburt. "Nova Scotia has some of the highest average wind speeds in Canada - and in the wind business, more speed means more power."

The installation will represent an investment of more than $500 million for wind turbines and associated construction. The contracts for the energy produced by wind turbines will be worth approximately C$1.5 billion over the life of those contracts.

Power purchase agreements are scheduled to be signed by the end of this year, with installation of turbines to take place before the end of 2009.


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015