in News Departments > New & Noteworthy
print the content item

Bromont, Quebec-based wind turbine manufacturer AAER Inc. has signed a 10-year lease agreement, with an option for an additional five years, with Olymbec Inc., the owner of buildings that housed the former Hyundai plant in Bromont.

Under the terms of the agreement, AAER has leased 111,141 square feet to be used for the assembly of nacelles and will lease a further 43,230 square feet that will allow the company to begin operations in mid-2007. At the end of 2007, AAER will take possession of 223,000 square feet that will be used for the manufacture of composite blades. The plant's production capacity is estimated at 400 wind turbines per year.


Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965