NaiKun Wind Project Advances to Next Step in Clean Power Call
18 Novembre 2009 - 2:30PM
Marketwired
NaiKun Wind Energy Group Inc. (TSX VENTURE: NKW) is pleased to
confirm that its offshore wind energy project is moving forward in
BC Hydro's Clean Power Call.
BC Hydro has provided an update on the Clean Power Call by
posting a list of 47 proposals, including NaiKun Wind's project,
which are under active consideration. The utility also indicated
that 21 proposals are not proceeding further in the Call
(www.bchydro.com/news).
"NaiKun Wind is pleased that our project continues to move
forward in the Clean Power Call," said Paul Taylor, NaiKun Wind's
President and CEO. "The NaiKun Wind project is well-advanced and
provides significant economic and regional benefits."
NaiKun Wind also announced two other important steps forward for
its project.
First, earlier this week, the Environmental Assessment Office
referred NaiKun Wind's environmental assessment application to
British Columbia's Minister of Environment and Minister of Energy,
Mines and Petroleum Resources, marking the final stage in the
certification process. A decision is expected from the provincial
government before the end of the year. The NaiKun Wind project is
one of the most advanced projects in the Clean Power Call with
respect to the environmental assessment process.
NaiKun Wind has also selected its marine contractor for the
project. The company has signed a Letter of Intent with MT Hojgaard
of Denmark (www.mth.com) covering the design, supply and
installation of wind turbine foundations, scour protection and
inter-array cables. MT Hojgaard is a leading marine contractor for
offshore wind energy projects in Europe.
"With these significant advancements, we are confident that the
NaiKun Wind project is well-positioned in the Clean Power Call,"
said Taylor.
NaiKun Wind Energy Group Inc. (www.naikun.ca) is a British
Columbia-based renewable energy company with offices in Vancouver,
Masset and Skidegate. The 396 MW offshore wind energy project will
generate enough energy to provide electricity to 130,000 B.C.
homes, help the province reach its goal of becoming electricity
self-sufficient by 2016, and play a significant role in combating
climate change. The proposed project will also create an estimated
200 jobs during construction and 50 permanent jobs for maintenance
and operations. NaiKun Wind is committed to working in partnership
with First Nations and collaboratively with stakeholder groups and
local communities in the development of its project.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: NaiKun Wind Energy Group Inc. - Media Enquiries Doug
McClelland Director, Communications 604-631-4487
dmcclelland@naikun.ca NaiKun Wind Energy Group Inc. - Investor
Relations Enquiries Peter Murray Manager, Investor Relations
604-631-4494 pmurray@naikun.ca www.naikun.ca
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