Canadian firm picks Mitsubishi as supplier of up to 900 MW
1 May 2006
Western Wind Energy Corporation, based in British Columbia, Canada, has picked Mitsubishi Power Systems as its long term supplier of wind turbines. Mitsubishi kicks off an agreement for supply of up to 900 MW of wind turbines for future projects with delivery of 15, 1 MW units in October for a Western Wind project in Arizona, the first the company has progressed to near construction. "This agreement provides a strong foundation for Western Wind Energy's future growth," the company says. For some time Western Wind has been saying it holds more than C$900 million of power sales agreements for the output from 159.5 MW of wind energy capacity with three separate utilities in Canada and the US. Western Wind is listed on the NASDAQ Over-the-Counter Bulletin Board. "The listing on the NASDAQ OTC market allows us to offer US investors an opportunity they currently don't have," says CEO Jeff Ciachurski. The company currently trades on the Toronto Venture Exchange and will continue to maintain that listing.
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