in News Departments > Projects & Contracts
print the content item

Canadian Hydro Developers Inc., a Calgary, Alberta-based renewable energy developer, has been awarded two 20-year standard offer contracts from the Ontario Power Authority for the supply of 18 MW of electricity from two wind projects in Ontario.

Under the contracts, Canadian Hydro will receive C$110 per MWh for power generated. In addition, the company expects to be eligible for the Government of Canada's ecoEnergy Renewable Initiative of C$10 per MWh for 10 years.

The electricity will come from two phases of the Royal Road Wind Project, acquired by Canadian Hydro through the acquisition of Vector Wind Energy Inc. in December 2006. Located in Prince Edward County, near Picton in eastern Ontario, Royal Road will generate an aggregate estimated 47,300 MWh of power per year, according to Canadian Hydro. The anticipated capital cost of these projects is C$40 million.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


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.

BG 2015DblBox_id2032
Canwea_id1984
Hybrid Energy Innovations 2015
Renewable NRG_id1934