•  
  •  
  •  

Potentia Renewables wins SaskPower tender for 200-MW wind farm in Canada

Wind turbines in Canada. Image by: Potential Renewables (www.potentiarenewables.com).

October 25 (Renewables Now) - Canadian developer Potentia Renewables Inc has won a power purchase agreement (PPA) for the output of a 200-MW wind farm in the Canadian province of Saskatchewan.

The 25-year contract was secured in a competitive tender round held by domestic utility SaskPower last year, resulting in average bids of CAD 42 (USD 32.3/EUR 28.2) per MWh, including grid-connection costs. The price offered by Potentia Renewables, which is part of Power Corporation of Canada (TSX:POW), came in well below that, SaskPower announced last week.

The 200-MW Golden South wind park will be located south of the town of Assiniboia, consisting of up to 60 turbines. According to a separate statement by Potentia Renewables, the plant could be commissioned as early as 2021, generating enough electricity for about 90,000 local homes.  

SaskPower aims to source up to 50% of Saskatchewan’s power from renewables by 2030 and lower its carbon footprint by 40% from 2005 levels. To support that goal, it said it plans to launch the competitive bidding round for another utility-scale wind project in the middle of next year.

(CAD 1.0 = USD 0.768/EUR 0.673)

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription