in News Departments > New & Noteworthy
print the content item

Pipestone, Minn.-based Juhl Energy has acquired two Terravis Wind projects, located in western New Brunswick, Canada.

According to Juhl Energy, the projects are being developed under NB Power's embedded generation program, which is designed to allow independent power producers to sell electricity to the NB Power distribution system at a fixed, stable price and under a long-term contract.

The deal represents Juhl's first acquisitions outside the U.S. A purchase price was not disclosed.

"The NB Power embedded generation program is a perfect fit for what we are doing here at Juhl Energy," says Corey Juhl, vice president of development. "To date, we've successfully developed and installed eight small, utility-scale projects that have a nameplate capacity under five MW. As such, we understand the unique challenges that come with developing, constructing, and financing these smaller-sized projects. Given our experience, we believe we are well positioned to take advantage of this very large sector in the wind energy marketplace."

According to Juhl, the two projects have successfully secured interconnection and power purchase agreements with NB Power and are currently in the final stages of development. Juhl Energy expects to secure and finalize project financing by the third quarter of 2013 and commence on-site construction activities by the end of this year.


Trachte Inc._id1770
Latest Top Stories

Alberta Breaks Wind Power Record, Then Does It Again

Last week, the Alberta Electric System Operator recorded new wind production peaks in the Canadian province - highlighting how well the grid integrated the renewable energy.


Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.

Canwea_id1984
Navigant_id1983
Renewable NRG_id1934