Hydro-Québec has accepted 15 bids from companies offering to provide the provincial utility with a total of 2,004 megawatts of wind-generated electricity that would come on stream between 2011 and 2015 if final approvals are reached.
The average price is 10.5 cents per kilowatt-hour and the projects involve estimated capital outlays totalling $5.5-billion, including $1.1-billion for transmission infrastructure, Hydro-Québec said Monday....MOREFrom Reuters:
...Winning bidders included a consortium led by Boralex Inc (BLX.TO: Quote, Profile, Research) and Gaz Metro Ltd (GZM_u.TO: Quote, Profile, Research), which got approval for two projects with a total installed capacity of 272 MW.
Boralex said the consortium had teamed up with closely held wind turbine manufacturer Enercon GmbH, which planned to set up a components plant in Quebec. Continued...