"By investing in clean energy projects, like the Wolfe Island Wind Project, the Government of Canada is helping to create jobs and stimulate the economy while helping to reduce the cost of clean energy for Ontarians," said Brown. "Not only does this project promote sustainable energy for Ontario's future, it will also improve our environment."
The Wolfe Island EcoPower Centre has 86 turbines capable of generating close to 600 gigawatt hours of clean electricity a year, enough to supply as many as 50,000 homes. The project, on Wolfe Island in Lake Ontario near Kingston, is owned by Canadian Renewable Energy Corporation, a wholly owned subsidiary of Canadian Hydro Developers, Inc. The electricity generated is being sold to the Ontario Power Authority.
"Canadian Hydro is Canada's largest and most diversified renewable energy company, with 21 operating facilities spread throughout B.C., Alberta, Ontario and Quebec," said Kent Brown, Chief Executive Officer of Canadian Hydro Developers, Inc. "The strong support of the Government of Canada is important in helping our company identify good renewable energy prospects, work with our stakeholders and build sustainable operations, like the Wolfe Island EcoPower Centre, that will serve Canadians for generations."
The $1.5-billion ecoENERGY for Renewable Power program provides a one-cent per kilowatt-hour incentive, with the goal of increasing Canada's renewable electricity capacity by about 4,000 megawatts—enough to power a million homes.
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