Canada's Beothuk plans 1-GW offshore wind farm at home

Turbines at sea. Author: SirPecanGum. License: Creative Commons, Attribution-ShareAlike 2.5 Generic

December 22 (SeeNews) - Canada-based firm Beothuk Energy on Monday announced plans to build a 1,000-MW offshore wind farm in shallow waters off the southeastern Canadian province of Nova Scotia.

The company will partner with Jacob Capital Management, Siemens Offshore Wind, Talon Energy and Maderra Engineering in the CAD-4-billion (USD 2.86bn/EUR 2.6bn) project. The plan is to export the produced power to the New England region in the USA via the proposed subsea cable -- the Can-Am Link.

Beothuk has already initiated discussions with Canadian and American utilities and independent power producers regarding power purchase agreements (PPAs) and partnerships for the 1,000-MW offshore project. The Canadian company plans to hold consultations early next year with Nova Scotia stakeholders, such as First Nations and environmental groups, and municipalities in proximity to the project.

The site for the proposed wind park has “world-class wind resources” and the water depth is of 30 metres (98.4 ft) or less, Beothuk noted. “Benefits to Nova Scotia include the manufacturing of various components for the offshore wind farm that consist of gravity based structure construction and establishment of a service/supply port.”

Beothuk Energy is also working on a 180-MW wind project off Newfoundland, Canada.

(CAD 1 = USD 0.716/EUR 0.656)

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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