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  1. Market Data
November 29, 2021

Blackspring Ridge Wind Farm, Canada

By Carmen

Blackspring Ridge Wind Farm is a 298.8MW onshore wind power project. It is located in Alberta, Canada. The project is currently active. It has been developed in single phase. The project construction commenced in 2013 and subsequently entered into commercial operation in May 2014.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
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Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 298.8 298.8 Active Alberta, Canada EDF Renewables Canada; Greengate Power

Description

The project was developed by EDF Renewables Canada and Greengate Power. EDF Renewable Development and Enbridge are currently owning the project.

The project generates 1,000GWh electricity and supplies enough clean energy to power 140,000 households. The project cost is $600m.

The project has 80m high towers.

Development Status

The project is currently active. The project construction commenced in 2013 and subsequently entered into commercial operation in May 2014.

Power Purchase Agreement

The power generated from the project is sold to Pacific Gas and Electric under a power purchase agreement for a period of 20 years.

Contractors Involved

M. A. Mortenson was selected to render EPC services for the wind power project.

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The company provided 166 units of V100-1.8 MW turbines, each with 1.8MW nameplate capacity.

Vestas Wind Systems is the O&M contractor for the wind power project for a period of 20 years.

About EDF Renewables Canada

EDF Renewables Canada Inc (EDF Renewables Canada), a subsidiary of EDF Renewables SA, is a provider of renewable energy services. The company develops, builds and operates wind, solar and biomass energy worldwide through its subsidiaries. It offers renewable energy services to corporate, industries and commercial purchasers. EDF Renewables Canada also provides third-party operations and maintenance services in North America with over 10 gig watts of power under contract. Along with the wind, solar energies it also involved in hydro, marine, biogas, biomass and geothermal energy development. Further, EDF Renewables Canada is engaged in energy storage. The company has the business presence in 20 countries. EDF Renewables is headquartered in Toronto, Canada with an additional office in Montreal, Canada.

About Greengate Power

Greengate Power Corporation is engaged in the development of wind energy projects with its available transmission capacity. The company has been involved in several projects some of them are Halkirk Wind Project, Blackspring Ridge Wind Project, Stirling Wind Project, Wintering Hills Wind Project, Ponoka Wind Project, Chigwell Wind Project, and Radar Hill Wind Project. Greengate Power Corporation is headquartered in Alberta, Canada.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

Related Companies

Free Report
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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

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