NS Power Seeks Approval Of Point Tupper Wind Farm Investment

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Nova Scotia Power (NS Power) has formally applied for approval of its agreement to partner with Renewable Energy Services Ltd. (RESL) to ensure a wind farm planned for the Strait area in Cape Breton comes online as scheduled this year. The application to the Nova Scotia Utility and Review Board requests approval of a C$27.8 million investment by NS Power.

NS Power signed a long-term contract with RESL in February 2008 to buy energy from a 22 MW wind farm to be built at Point Tupper. Under an agreement announced last month, RESL will continue to build and operate the wind farm, while NS Power will purchase 49% of the project.

Under the agreement with RESL, NS Power proposes to buy six of the wind farm's new 11 Enercon wind turbines. There is one existing turbine at Point Tupper. RESL will continue to own that turbine, as well as five new turbines on the site, in addition to being responsible for construction and operation.

The agreement is structured to ensure that all energy from the Point Tupper Wind Farm will contribute toward achievement of provincial renewable energy standards, according to NS Power.

SOURCE: Nova Scotia Power

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