Project developed, built and operated by Mainstream Renewable Power and
owned by IKEA Canada
OAKVILLE, ON, Nov. 14, 2013 /CNW/ - Siemens Canada has expanded its wind
power footprint in Canada to the Province of Alberta via an agreement
for Mainstream Renewable Power's Oldman 2 wind project. The deal will
see Siemens supply, deliver and commission 20 SWT-2.3-101 wind turbines
with a hub height of 80 metres and blade length of 49 metres.
Mainstream is currently building the wind farm and will operate it for
its lifecycle. The deal also includes a long-term service and
maintenance agreement to be fulfilled by Siemens. The project is wholly
owned by IKEA Canada, making it the largest wind farm owned by a
Oldman 2 is a 46 MW installation to be situated in Pincher Creek in
southern Alberta and will generate 161 gigawatt hours (GWh) of
electricity each year, equivalent to the annual average electricity
consumption of 13,500 Canadian households. Construction on the project
has begun and commercial operation is expected by fall of 2014.
The Oldman 2 agreement represents Siemens' first foray into the Alberta
wind market, strengthening the company's engineering capacity and
energy business portfolio in the province. Siemens currently has
offices in Calgary, Edmonton and Fort McMurray, Alberta.
Alberta is Canada's third-largest wind power market behind Ontario and
Quebec, with 1,117 MW installed representing nearly 17 per cent of the
nation's installed capacity for wind power1.
"Alberta has abundant wind resources and a growing energy market. As a
leader in the Canadian wind industry we look forward to bringing our
technology to the province for the first time and helping bring
renewable energy to Albertans."
- Jacob Andersen, Vice President Wind Power, Siemens Canada Limited
"Mainstream Renewable Power is pleased to be building on our existing
global relationship with IKEA. Partnering with corporations who are
committed to a sustainable future is a very exciting and growing part
of Mainstream's global business. This project is a significant
investment in Alberta's renewable energy future."
- Eddie O'Connor, Chief Executive Office, Mainstream Renewable Power
"IKEA Canada's investment in renewable energy is a win-win-win. We are
able to support the transition to a low-carbon future, reduce our
energy and operating costs, and pass those benefits on to our customers
by continuing to offer high quality home furnishings at low prices.
This wind farm in Alberta, along with existing solar installations at
three of our Ontario stores, is a significant step to achieving IKEA's
global ambition to be energy independent by 2020, producing more
renewable energy than we consume."
- Kerri Molinaro, President of IKEA Canada
About Siemens Canada
For more than 100 years the innovative ideas from Siemens have helped
make Canada a better place. From the Atlantic to Pacific oceans, more
than 4,500 employees in Canada work together to provide answers that
last in the fields of industry, energy, healthcare and infrastructure
solutions for cities. Since it was federally chartered in 1912, Siemens
has stood for technical achievements, innovation, quality and
reliability. Sales for Siemens in Canada in fiscal 2012 (ended
September 30), were $2.1 billion CAD. The company has 53 offices and 14
manufacturing/assembly facilities across Canada. Further information is
available at www.siemens.ca.
About Mainstream Renewable Power
Mainstream Renewable Power is one of the world's leading independent
developers of renewable energy projects. With a development pipeline of
over 19GW globally it is currently constructing solar and wind farms
across Ireland, South Africa, Chile and Canada. As Europe's leading
independent offshore wind developer Mainstream is developing just under
8GW of offshore wind projects in England, Scotland and Germany with
4.45GW of secured grid connection for these offshore projects. It
employs more than 160 experienced staff across four continents with
offices in Berlin, Cape Town, Chicago, Dublin, Glasgow, Johannesburg,
London, Santiago and Toronto. www.mainstreamrp.com
About IKEA Group
The IKEA vision is to create a better everyday life for the many people.
Our business idea supports this vision by offering a wide range of
well-designed, functional home furnishing products at prices so low
that as many people as possible will be able to afford them. There are
currently 298 IKEA Group stores in 26 countries. IKEA was founded in
Sweden in 1943. The IKEA Group employs 139 000 co-workers and had 690
million visitors during FY12. For more information, please visit www.IKEA.com.
This press release may contain forward-looking statements based on the
beliefs of the management of Siemens Canada Limited and its affiliates.
The words "anticipate," "believe," "estimate," "forecast," "expect,"
"intend," "plan," "should," and "project," are used to identify
forward-looking statements. Such statements reflect the management's
current views with respect to future events and are subject to risks
and uncertainties. Many factors could cause the actual results to be
materially different, among others, changes in general economic and
business conditions, changes in currency exchange rate and interest
rates, introduction of competing products, lack of acceptance of new
products or services and changes in business strategy. Actual results
may vary materially from those projected here. Siemens Canada Limited
and its affiliates do not intend or assume any obligation to update
these forward-looking statements.
1 Installed capacity as of August 2013. Source: CanWEA
SOURCE: Siemens Canada Limited
For further information:
Contact for journalists:
Ann Adair, VP Communications and Strategy
Siemens Canada Limited
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