in News Departments > New & Noteworthy
print the content item

Mainstream Renewable Power has closed a deal to sell its 46 MW Oldman 2 Wind Farm, located in Alberta, Canada, to furniture-retail giant IKEA.

Mainstream says it has commenced construction of the project at a cost of approximately C$90 million, and the wind farm is slated to be operational in fall 2014, at which point IKEA will purchase the plant. As part of the deal, Mainstream will continue to operate and maintain the wind farm on behalf of IKEA.

This is the second wind project IKEA has agreed to purchase from Mainstream Renewable Power, having announced the signing of a deal for the Carrickeeny Wind Farm in Ireland in August. The IKEA Group has plans to invest 1.5 billion British pounds in wind energy and solar programs up to 2015 and achieve energy independence by 2020.

"IKEA Canada's investment in renewable energy is a win-win-win,” comments Kerri Molinaro, president of IKEA Canada. “We are able to support the transition to a low-carbon future, reduce our energy and operating costs, and pass those benefits on to our customers by continuing to offer high-quality home furnishings at low prices.”

Siemens is supplying, delivering and commissioning the project's 20 SWT-2.3-101 wind turbines, which have a hub height of 80 meters and blade length of 49 meters. Siemens says the Oldman 2 agreement represents its first foray into the Alberta wind market, strengthening the company’s engineering capacity and energy business portfolio in the province. The company currently has offices in Calgary, Edmonton and Fort McMurray, Alberta.





IowaDeptEconDevel_id1863

Trachte Inc._id1770
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

Acciona_id1907
UEA_id1896
WomenofWind_id
JLG_id1900
bonfiglioli_id1913
AWEA_id1886