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November 26, 2021

Nigig Power Corporation Wind Farm, Canada

By Carmen

Nigig Power Corporation Wind Farm is a 300.15MW onshore wind power project. It is located in Ontario, Canada. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2019.

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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 300.15 300.15 Active Ontario, Canada BluEarth Renewables; Nigig Power; Pattern Energy Group

Description

The project was developed by BluEarth Renewables, Nigig Power and Pattern Energy Group. The project is co-owned by Nigig Power and Pattern Energy Group, with their respective ownership stake of 50% each.

The project supplies enough clean energy to power 100,000 households, offsetting 851,000t of carbon dioxide emissions (CO2) a year. The project cost is $1,000m.

The Tubular Steel towers installed at the project site are 132m high.

Development Status

The project is currently active. The project got commissioned in September 2019.

Power Purchase Agreement

The power generated from the project is sold to Independent Electricity System Operator under a power purchase agreement. The power is sold at the rate of $0.135kWh for a period of 20 years, starting from 2019. The contracted capacity is 300.15MW.

Contractors Involved

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The company provided 87 units of V136-3.45MW turbines, each with 3.45MW nameplate capacity.

Vestas Wind Systems is the O&M contractor for the wind power project, commencing from the year 2019.

About BluEarth Renewables

BluEarth Renewables Inc (BluEarth Renewables) is a developer and producer of renewable energy. The company acquires, builds, owns and operates wind, run-of-river hydroelectric, and solar generation projects. Its projects include Outlaw Trail Wind Project, Hand Hills Wind Project, Bull Creek Wind Facility, Bow Lake Wind Facility, East Bay Hills Wind Project, Yellow Lake Solar Project, Burdett Solar Project, Riverview Solar Project, Corunna Solar Project, Lunar Light Solar Facility, Allegheny Hydro Facility, McNair Creek Hydro Facility, Narrows Inlet Hydro Project and Tyson Creek Hydro Facility. It partners with landowners, suppliers, lenders, shareholders, and entrepreneurs. BluEarth Renewables is headquartered in Calgary, Alberta, Canada.

About Pattern Energy Group

Pattern Energy Group Inc (Pattern Energy), is an independent renewable energy company. The company develops, operates and owns an interest in renewable energy projects. It develops wind and solar energy and sells electricity to customers under public service agreements (PSAs) and other local markets. It owns an interest in various renewable energy power projects such as Amazon Wind, Grady, Hatchet Ridge, Kanagi Solar, Post Rock and Belle River among others; and in an upstream development platform. The company also owns an interest in Pattern Development, which engages in the development of projects in the US, Canada, Mexico and Japan. Pattern Energy is headquartered in San Francisco, California, the US.

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

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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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