juwi has expanded its North American footprint into Canada, continuing the company's worldwide growth and expansion efforts.
As part of entering the market, juwi has joined the Canadian Wind Energy Association and is initially focusing its efforts in small and midsize, community-focused projects in the Maritimes, Ontario and British Columbia, the company says.
juwi Wind Canada Ltd, a wholly owned subsidiary of the juwi Group, is focused on all aspects of wind project development, from site identification to finance, construction and operations.
The company says it brings capabilities for long-term ownership and operation, along with a 16-year history of partnering with communities and financing renewable energy projects around the world.
"The Canadian market is a natural fit for juwi,’ says Michael Rucker, CEO of juwi Wind Canada. ‘We see strong growth in several provinces for projects less than 50 MW. Small and midsize projects like these can be more closely integrated with the local communities which the projects serve.’
Juwi says its diversification strategy in North America also allows investment in projects that are not subject to the uncertainty of the U.S.'s production tax credit (PTC) extension.
"Lack of a long-term, stable policy in the U.S. will deny jobs and other benefits to U.S. communities if the PTC is not extended soon,’ Rucker says. ‘We are pleased that Canadian policymakers have taken a longer-term view to their benefit.’
