in News Departments > Projects & Contracts
print the content item

Canadian Hydro Developers Inc., through its wholly owned subsidiary, Canadian Renewable Energy Corp., says that its 197.8 MW Wolfe Island Wind Project is expected to achieve a target in-service date of June 30. The previously announced date was March 31.

Harsher than expected winter weather conditions have pushed back the project completion, and as a result, the project schedule has been revised for the remainder of the winter - reducing the total number of turbines erected each week based on performance to date.

The updated schedule has resulted in a revised expected capital cost from $450 million to $475 million - a 6% increase. The $25 million capital cost increase will be funded through available internal sources.

In spite of the various winter weather challenges, construction continues to progress at Wolfe Island, with 45 of the 86 turbines fully erected and the laying of the 7.8 km submarine cable completed. All turbines and components have been delivered to Wolfe Island, and work is under way on the interconnection to the mainland. It is expected that the first two of six electrical circuits, which comprise approximately 30 wind turbines, will provide energy to the provincial grid by April.

"Our staff, contractors and subcontractors have performed admirably in the face of adverse working conditions, and we are proud of them for all that has been accomplished to date," says John Keating, CEO of Canadian Hydro.

The project is owned and will be operated by Canadian Hydro. It is expected to generate approximately 594 GWh annually of renewable energy. The project has a 20-year renewable energy supply contract with the Ontario Power Authority for the purchase of electricity and renewable energy certificates and will receive funding under the federal ecoENERGY for renewable power program.

SOURCE: Canadian Hydro Developers Inc.



Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.

Canwea_id1984
Renewable NRG_id1934