(Source: Datamonitor)

NaiKun Wind Energy Group has announced that its offshore wind energy project has been granted a federal screening decision, confirming that offshore wind project can be constructed with no significant environmental, social or health effects.
"This is an exciting and noteworthy milestone for NaiKun Wind and for British Columbia," said NaiKun Wind's CEO Michael O'Connor. "The NaiKun Wind project offers a superior renewable, green energy resource, with ideal wind conditions better than 10 metres per second average annual wind speed. With environmental approvals in place we are confident that NaiKun Wind is well positioned to become Canada's first offshore Wind Energy Project and the beginning of the development of the remarkable north coast wind energy field."
As part of the environmental review process, NaiKun Wind made numerous commitments carefully designed to maximize project benefits and ensure a rigorous environmental management program.
Clean energy produced by the NaiKun Wind project will displace approximately 450,000 tonnes of greenhouse gas emissions annually, with the HaidaLink proposal replacing the 26,000 tonnes of diesel fuel currently burned each year to provide power on Haida Gwaii. The project is expected to result in at least 500 direct jobs during construction and 50 permanent jobs for maintenance and operations and over $400 million in direct expenditures in the province during construction, of which at least $250 million will benefit North Coast communities.
The NaiKun Wind project is at an advanced stage of development, with agreements in place with key suppliers and First Nations and is now in a position to begin construction within two years of receiving an energy purchase agreement.
A service of YellowBrix, Inc.