OTTAWA, Jan. 23, 2009 -- Canada NewsWire


The Canadian Wind Energy Association (CanWEA) welcomed today's announcement of long-term contracts for six new wind energy projects in Ontario totaling 492 MW by Ontario's Minister of Energy and Infrastructure the Hon. George Smitherman. Ontario is currently Canada's wind leader with 782MW of installed capacity, providing clean electricity for over 230,000 homes. With almost 400MW of additional wind energy projects currently under construction in Ontario, today's announcement of new projects means that Ontario is on track to put in place well over 1,500MW of installed wind energy capacity. Canada's total installed capacity today stands at 2,369MW.

"Today's announcement is further evidence of Ontario's leadership in promoting and developing clean renewable energy," said Robert Hornung, President of CanWEA. "We believe that wind energy represents a tremendous opportunity for Ontario and this announcement is timely in that it will help Ontario meet its future electricity needs while also supporting significant investment and job creation at a time when the province is seeking economic stimulus."

Wind energy represents a major industrial development and economic stimulus opportunity for Canada. Between now and 2020 it is estimated that $1 trillion will be invested in new wind energy facilities worldwide and that more than 1.75 million jobs will be created in this rapidly growing industry.

"We look forward to further announcements of new procurement processes from the Government of Ontario that will continue the province's momentum in growing wind and other renewables," said Hornung. "Specifically, CanWEA calls on the government to build upon the success represented by today's announcement by taking action in the near-term to re-launch the Standard Offer Program and announce a new competitive procurement process that will ensure continued investor activity in the province."

CanWEA's Wind Vision 2025 - Powering Canada's Future, argues that Canada has the potential to make wind energy the country's next great economic opportunity, while also reducing greenhouse gas emissions and addressing other environmental concerns. Achieving the goal of providing 20 per cent of the country's electricity needs with wind energy by the year 2025 will result in $79 billion in new investment, the creation of up to 52,000 new "green collar" jobs, and more than $165 million in new revenues for municipalities, many in rural areas hit hard by traditional resource declines.

The Canadian Wind Energy association (CanWEA) is a non-profit industry association representing more than 400 members in the wind energy industry. CanWEA promotes the responsible development and application of all aspects of wind energy in Canada, including the creation of a suitable policy environment.

SOURCE: CANADIAN WIND ENERGY ASSOCIATION

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