The government of Canada is making an investment of C$29 million in the Kent Hills Wind Farm under the ecoENERGY for Renewable Power program.
‘This investment strengthens our goal of ensuring that more clean, renewable energy is delivered to Canadians at competitive prices,’ says Rob Moore, member of Parliament for Fundy Royal. ‘Not only will this wind farm help protect our environment, but this green energy technology will also help stimulate the economy and create jobs for Canadians.’
The 96 MW Kent Hills Wind Farm has begun commercial operation in New Brunswick and will provide approximately 290,000 MWh of electricity per year from 32 wind turbines. This electricity will be sold to New Brunswick Power.
The C$1.48 billion ecoENERGY for Renewable Power Program provides a C$0.01 per kWh incentive for up to 10 years. It will encourage the production of about 4,000 MW of new electricity from renewable energy.
An additional C$2.4 billion is provided by Canada's Economic Action Plan to support a cleaner and more sustainable environment and help meet the country's climate change objectives.
SOURCE: Natural Resources Canada