in News Departments > Projects & Contracts
print the content item

Shear Wind has entered into a 60 MW power purchase agreement (PPA) with Nova Scotia Power Inc. (NS Power) in connection with a 20-year power supply commitment. The 60 MW of electricity will be produced at the Glen Dhu Wind Park in Pictou County, near Merigomish, Nova Scotia.

Shear Wind is planning to erect 30 Enercon E-82 2 MW turbines. The Glen Dhu Wind Park represents a $150 million investment for Shear Wind in Nova Scotia.

"In addition to the initial 60 MW, the expansion potential for further build-out is an additional 170 MW, as indicated by [NS Power] interconnection studies," says Mike Magnus, president and CEO of Shear Wind. "This positions the Glen Dhu Wind Park in an optimal position to participate in export opportunities as well as future requests for proposals in order to secure additional PPAs."

Interconnection feasibility studies are now being conducted, and the results will be assessed by Shear Wind upon completion. Shear Wind will now proceed with all other municipal and provincial permits required.


Trachte Inc._id1770
Latest Top Stories

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.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Canwea_id1984
Renewable NRG_id1934
Hybrid Energy Innovations 2015