Saturday, June 4, 2011

Plutonic Power and GE Achieve Commercial Operations at British Columbia’s Largest Wind Farm
Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), have achieved commercial operations at their second major renewable energy project, British Columbia’s largest wind farm, a major milestone in their growth collaboration. The Dokie Wind project is now fully operational, providing clean energy to BC Hydro under a 25-year Electricity Purchase Agreement (EPA). Plutonic’s and GE’s Dokie General Partnership has received confirmation from BC Hydro that the project has achieved commercial operation as of February 16, 2011, thereby meeting its guaranteed commercial operation date commitment under the EPA.

During 13 months of construction, GE and managing partner Plutonic oversaw erection of 43 wind turbines, construction of an electric substation, installation of seven kilometres of transmission lines, and created more than 200 construction and permanent jobs to finish the C$228 million project— Plutonic’s and GE Energy Financial Services’ first Canadian wind farm. The project is located 1,100 kilometres northeast of Vancouver near Chetwynd in the foothills of the Canadian Rocky Mountains, an area with world-class wind speeds
The Dokie Wind project is capable of generating 320,000-340,000 MWh per year—enough energy to power about 34,000 homes. The project helps British Columbia reach its goal of meeting growing energy needs through the development and use of clean or renewable electricity. In November 2010, the companies began operation of their East Toba River and Montrose Creek project, British Columbia’s largest run-of-river hydroelectric power plant.
Link to photos and b-roll:
Press Release dated March 2, 2011

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