Press Release
Wind Works Power Corp. Awarded 80MW of Power Contracts in Ontario
April 13, 2010
OTTAWA, ONTARIO--(MARKET WIRE)—Tuesday, April 13, 2010 – Wind Works Power Corp. (OTC BB:WWPW.OB - News)(Frankfurt:R5E1.F - News)(WKN: AOKE72) is pleased to announce that from the first contracts offered through the Ontario Power Authority’s (OPA) Feed-in-Tariff program, we have been notified that we will be offered 7 power purchase agreements for a total of 80 megawatts (MW), for the following projects:
- Ganaraska: 20 MW
- Settlers Landing: 10 MW
- Snowy Ridge: 10 MW
- Grey Highlands: 10 MW
- Clean Breeze: 10 MW
- Whispering Woods: 10 MW
- Cloudy Ridge (Skyway 126): 10MW
“Ontario`s pioneering Green Energy Act is now taking shape”, comments Dr. Ingo Stuckmann, Wind Works’ President and CEO “the announced FIT Contracts push the door wide open for the 50,000 new green energy jobs Ontario wants to attract for the emerging North American wind energy market.” With respect to the 7 FIT contracts offered to Wind Works, Dr. Stuckmann comments “this is a milestone event that we will leverage into significant growth opportunities in the near term.”
For the 8 wind energy projects that were not offered contracts in this first round, all 8 projects have been placed into an economic connection test (ECT) with the OPA, which is expected to be examined in mid-summer. This will assess the time at which grid expansions and upgrades will facilitate the connection of these projects. All 8 projects will maintain their priority time stamp and remain in their current queue position
Additional information regarding the announcement by the OPA regarding FIT contracts awarded April 8, 2010, please go to: http://www.powerauthority.on.ca
About Wind Works * Zero Emission People
Our mission is to provide the opportunity for anyone to participate early in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for all shareholders, people and our planet. To eliminate one person`s carbon footprint of 20 tons each year, it only takes a modern wind turbine 3 days by producing approx. 40,000 kilowatt hours of zero emission energy. For more information, please visit: www.windworkspower.com