Saturday, August 27, 2016

Mainstream request extension for Canadian Project

Mainstream Renewable Power has requested a two-year extension for construction of the 63MW Windy Point wind farm in Alberta.

The developer told regulators the project, which was initially approved in 2012 and has already received two extensions, could complete construction by 30 September 2018.

The Alberta Utilities Commission has granted an interim extension while it reviews the request.

“Historically low power pool prices over the past several years has prevented Windy Point, and many other proposed wind farm developments, from obtaining commercial project financing for the construction of the project,” said Mainstream.

Alberta is developing and implementing a plan to procure new renewable energy, which is expected to launch later this year.

“Windy Point is expecting to participate in the renewable energy program,” said the developer.

Mainstream also plans to submit an application to change the turbine model. The permit authorizes construction of 21 Siemens 3MW turbines at Windy Point, about 15 kilometers northeast of Pincher Creek.

If all changes are approved, Mainstream expects to start construction in late 2017.

The Alberta Electric System Operator has approved a revised in-service date of 1 September 2018.

Above is from:

No comments: