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Advice to farmers on financing
1 February 1994
A series of seminars on opportunities for local, small scale wind energy applications is being organised by the Canadian Wind Energy Association (CanWEA) and sponsored by Natural Resources Canada (NRC). The first meeting will be April 14 in Kincardine, Ontario, where an 80 kW Lagerwey turbine is operated by Canadian Agra Corporation (CA). A highlight of the seminars will be advice to farmers and others on wind power financing. "The federal class 34 tax incentive provides fast capital write-offs for potential wind power developers and it could help make wind energy and some other renewables competitive with conventional power sources," says Raj Rangi, manager of NRC's wind energy research and development programme. Speakers are expected from the wind industry and from the Ontario Energy Corporation, Ontario Hydro, and the financial community. Further seminars will be held in Quebec with Hydro Quebec's Institut de recherche scientifique (IREQ), in Prince Edward Island with the Atlantic Wind Test Site, and in Regina, Saskatchewan (to coincide with the annual CanWEA conference in October).
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