in News Departments > Projects & Contracts
print the content item

Quantum Fuel Systems Technologies Worldwide Inc. has announced that its wholly owned subsidiary Schneider Power Inc., through its wholly owned subsidiary Trout Creek Wind Power Inc., has entered into a strategic agreement with an unnamed wind turbine manufacturer.

Under the agreement, the company will purchase and deploy the manufacturer's wind turbines for the 10 MW Trout Creek Wind Farm in Ontario, subject to the manufacturer providing a maximum of C$24 million to finance the construction of the generation facility.

According to Quantum, the agreement provides for the wind turbines to meet the 50% local-content requirement as stipulated by the Ontario government's feed-in-tariff program and is subject to certain conditions, including receipt of regulatory and other third-party approvals.

The Trout Creek Wind Farm is expected to be completed in fall 2013, and the electricity generated by the project will be sold to the Ontario Power Authority under a 20-year power purchase agreement at $135/MWh. Schneider Power has secured a 20-year crown land concession and has completed the required wind studies to finalize the design of the wind farm. Also, local utility Hydro One Networks Inc. has granted grid interconnection to an existing high-voltage transmission line near the property.



Trachte Inc._id1770
Latest Top Stories

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008