29 March 2005 – One of the largest wind power projects in Canada, being developed by a joint venture between Clean Power Income Fund and AIM PowerGen, is expected to start generating early in 2006.
Situated along the northern shoreline of Ontario’s Lake Erie, the wind project will use 66 1.5 MW GE turbines to increase Canada’s wind capacity by 99 MW.
Clean Power will own 100 per cent of the project through the Erie Shores Wind Farm Limited Partnership venture, which holds a 20-year renewable energy supply contract with Ontario Electricity Financial Corporation. GE will operate and maintain the wind farm during the first four years of its generating life.
The Canadian government’s decision to extend the Wind Power Production Incentive to 4000 MW from its original 1000 MW level has encouraged project development that should see between 4500 MW and 5000 MW of wind capacity added to Canada’s energy portfolio by 2012. Canada’s total installed wind energy capacity in September 2004 was 439 MW.