Two Row Times
Six Nations of Grand River Territory Six Nations Elected Council is pleased to announce the launch of community engagement to determine community support for two (2) proposed wind projects: Gunn’s Hill Wind Farm and Port Ryerse Wind Project.
Gunn’s Hill Wind Farm is anticipated to generate 25 megawatts in renewable energy which will be sold to the Ontario Power Authority under the Feed in Tariff (FIT) Program. This project will be owned and operated by Gunn’s Hill Windfarm Inc. and will be located in the township of Norwich, Oxford County. The proposed benefits include a potential 10% equity investment in the project which is estimated to generate revenue in excess of $ 3 million over 20 years, or a default royalty payment of $ 1,000 per MW/ year for the 20 year term of the FIT Contract ($ 360,000). In addition, the developer is offering two (2) $ 4 ,000 annual post-secondary bursaries for the 20 year term of the FIT contract.
Port Ryerse Wind Project is anticipated to generate 10 megawatts in renewable energy which will be sold to the Ontario Power Authority under the FIT program. This project will be owned and operated by Port Ryerse Wind Farm Limited Partnership and will be located east of the hamlet of Port Ryerse in Norfolk County. The proposed project benefits include a royalty payment of $750/MW/year for 20 years ($150,000), mentorship of an on-reserve Small FIT solar development and a proposed Joint Venture development of future non-contracted renewable energy projects within which Six Nations could potentially own up to 15% in each contemplated project Read article