in News Departments > Projects & Contracts
print the content item

Alterra Power Corp. has announced that the Dokie General Partnership (DGP), a 51%-49% partnership between Alterra Power and GE Energy Financial Services that owns the Dokie wind farm in British Columbia, has exercised a one-time right in its power purchase agreement (PPA) with B.C. Hydro to increase its firm energy allotment by 10%.

Because the firm energy allotment is the highest-priced tranche of the PPA, the increase in power priced under that allotment is expected to result in an average annualized net revenue increase from DGP of 1.2%, according to Alterra Power.

The increase becomes effective May 1 and is subject to review and renewal every five years for additional five-year periods.

In addition, on Feb. 16, the final completion certificate for Dokie was issued to Mortenson Canada Corp., the major contractor, formally marking the completion of all construction activities.



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