Finavera Renewables Signs MOU With GE For Wind Turbines

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Vancouver, British Columbia-based Finavera Renewables Inc. has signed an exclusive memorandum of understanding (MOU) with GE for the firm pricing and supply of GE wind turbines for the company's 45 MW Tumbler Ridge wind project in British Columbia, which is planned to be constructed in 2011.

Under the terms of the MOU, Finavera Renewables commits to build the Tumbler Ridge project exclusively with GE wind turbine equipment. The company and GE will finalize a turbine supply agreement shortly after the award of a power purchase agreement from BC Hydro for the Tumbler Ridge project.

SOURCE: Finavera Renewables Inc.

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