China’s Goldwind, Canada’s Potentia claim “world-record” wind price


Chinese wind turbine manufacturer Goldwind has secured it’s first order in Canada at what it claims is a “world-record low price for long-term wind energy contracts.”

The 200MW Golden South Wind project in Assiniboia, in the country’s Saskatchewan province, by Potentia Renewables, will be outfitted with 50 of Goldwind’s 4MW platform-direct-drive machines.

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The Chinese group’s 4S platform features capacities rated from 4.2 to 4.5MW, and turbine diameters of 136 and 155-metres.

Potentia secured Golden South during the province’s first procurement round for wind projects last year, said: “The direct-drive 4-megawatt turbines combined with the strong Saskatchewan winds and our simple interconnection enables Potentia to set a world record low price for long term wind energy contracts.

“This project provides [off-taker] SaskPower with the lowest cost renewable energy in Canada for 25 years,” added Potentia Renewables CEO Jeff Jenner.

Potentia did not disclose the price of the contract.

Local utility SaskPower said the project developer came in “well below” the average bid of CA$42/MWh lodged by 29 competitors, each including interconnection costs, which along with land subsidies, or length of term, can muddy the waters when it comes to claiming a lowest price – for instance, an auction in Mexico in 2017 produced a $17.70/MWh onshore wind price, hence often quoted by analysts as the lowest-figure to date.

More recently, Saudi Arabia claimed a record $19.90/MWh at its Dumat Al-Jandal project.

Potentia is set to develop 625MW of wind capacity at sites in the western half of the country over the next few years, the first of which is the Golden South project, according to a statement.

Goldwind have signed a long-term service agreement with the project developer, which is the largest rooftop solar operator in the country, and is owned by the Toronto-listed Power Corporation of Canada.