1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 11
2 Canada Wind Power Industry, 2001-13 12
2.1 Canada Power Market 12
2.2 Canada Renewable Power Market 13
2.3 The Canada Wind Market, Overview 16
2.4 Canada Wind Power Market, Market Characteristics 16
2.5 Canada Wind Power Market, Size and Growth, 2001-13 17
2.6 Canada Wind Power Market, Offshore Development, 2003-13 20
2.7 Canada Wind Power Market, Installed Capacity by States, 2008 20
3 Canada Wind Turbine Market 22
3.1 Canada Wind Turbine Market, Annual Capacity Additions, 2001-13 22
3.2 Canada Wind Turbine Market, Annual Value Forecast, 2003-13 24
3.3 Canada Wind Turbine Market, Manufacturers Share, 2008 25
3.4 Canada Wind Turbine Market, Average Wind Turbine Size, 2001-08 26
3.5 Canada Wind Turbine Market, Classification of Installed Turbines, 2008 27
4 Canada Wind Farm Projects 28
4.1 Canada Wind Farm Projects, Top 15 Active Wind Farms 28
4.2 Canada Wind Farm Projects, Planned/Under Construction Onshore Wind Farms 29
4.3 Canada Wind Farm Projects, Share of Under Construction Projects by States 31
4.4 Canada Wind Power, Top 10 Wind Farm Developers by Cumulative Installed Capacity, 2008 32
5 Canada Wind Energy Regulatory Framework 33
5.1 Canada Renewable Energy Regulatory Framework 33
5.2 Canada Renewable Energy Regulatory Framework, Federal Initiatives 33
5.3 Canada Renewable Energy Regulatory Framework, Provincial Initiatives 35
5.4 Canada Wind Power Regulatory Framework 40
6 Enercon GmbH, Company Snapshot 45
6.1 Key Information 45
6.2 Company Overview 45
6.3 Business Description 45
6.4 Major Products and Services 46
6.5 History 47
6.6 SWOT Analysis 49
6.7 Competitors 56
6.8 Key Employees 56
6.9 Locations and Subsidiaries 56
7 Vestas Wind Systems A/S, Company Snapshot 58
7.1 Key Information 58
7.2 Company Overview 58
7.3 SWOT Snapshot 58
7.4 Business Description 59
7.5 Major Products and Services 61
7.6 History 62
7.7 SWOT Analysis 67
7.8 Competitors 74
7.9 Key Employees 74
7.10 Key Employee Biographies 75
7.11 Company Statement 76
7.12 Locations and Subsidiaries 78
8 GE Energy, Company Snapshot 82
8.1 Key Information 82
8.2 Company Overview 82
8.3 Business Description 82
8.4 Major Products and Services 84
8.5 History 87
8.6 SWOT Analysis 92
8.7 Competitors 100
8.8 Key Employees 100
8.9 Key Employee Biographies 100
8.10 Company Statement 101
8.11 Locations and Subsidiaries 102
9 Finavera Renewables Inc., Company Snapshot 104
9.1 Key Information 104
9.2 Company Overview 104
9.3 Business Description 104
9.4 Major Products and Services 105
9.5 History 106
9.6 Competitors 108
9.7 Key Employees 108
9.8 Key Employee Biographies 108
9.9 Locations and Subsidiaries 110
10 Renewable Energy Systems Ltd, Company Snapshot 111
10.1 Key Information 111
10.2 Company Overview 111
10.3 Business Description 111
10.4 Major Products and Services 112
10.5 History 113
10.6 Competitors 114
10.7 Key Employees 114
10.8 Key Employee Biographies 115
10.9 Company Statement 115
10.10 Locations and Subsidiaries 116
11 EarthFirst Canada Inc., Company Snapshot 118
11.1 Key Information 118
11.2 Company Overview 118
11.3 Business Description 118
11.4 Major Products and Services 119
11.5 History 119
11.6 Competitors 120
11.7 Key Employees 120
11.8 Key Employee Biographies 121
11.9 Company Statement 122
11.10 Locations and Subsidiaries 125
12 Acciona Energia, S.A., Company Snapshot 126
12.1 Key Information 126
12.2 Company Overview 126
12.3 Business Description 126
12.4 Major Products and Services 128
12.5 History 129
12.6 SWOT Analysis 131
12.7 Competitors 139
12.8 Key Employees 139
12.9 Locations and Subsidiaries 140
13 AIM PowerGen Corporation, Company Overview 142
13.1 Key Information 142
13.2 Major Products and Services 142
13.3 Competitors 143
13.4 Key Employees 143
13.5 Locations and Subsidiaries 144
14 Naturener, S.A., Company Overview 145
14.1 Key Information 145
14.2 Financial Performance 145
14.3 Major Products and Services 145
14.4 Competitors 146
14.5 Locations and Subsidiaries 146
15 TransAlta Wind, Company Overview 147
15.1 Key Information 147
15.2 Major Products and Services 147
15.3 Competitors 148
15.4 Key Employees 148
15.5 Locations and Subsidiaries 148
16 Canadian Hydro Developers, Company Snapshot 149
16.1 Key Information 149
16.2 Company Overview 149
16.3 Business Description 149
16.4 Major Products and Services 150
16.5 History 150
16.6 SWOT Analysis 152
16.7 Competitors 158
16.8 Key Employees 158
16.9 Key Employee Biographies 159
16.10 Company Statement 160
16.11 Locations and Subsidiaries 163
17 EPCOR Power L.P., Company Snapshot 164
17.1 Key Information 164
17.2 Company Overview 164
17.3 Business Description 164
17.4 Major Products and Services 165
17.5 History 166
17.6 SWOT Analysis 167
17.7 Competitors 172
17.8 Key Employees 172
17.9 Company Statement 172
17.10 Locations and Subsidiaries 176
18 Financial Deals 177
18.1 Merger 177
18.2 Acquisition 178
18.3 Partnerships 186
18.4 Debt Offerings 187
18.5 Asset Financing 189
19 Recent Developments 197
19.1 New Projects 197
19.2 New Contracts 199
19.3 Operations Updates 200
19.4 Strategy and Business Planning 205
19.5 Government and Public Interest 211
19.6 Other Significant Developments 215
20 Appendix 221
20.1 About Alternative Energy eTrack 221
20.2 Methodology 221
20.3 Contact Us 223
20.4 Disclaimer 223
1.1 List of Tables
Table 1: Canada, Cumulative Installed Power Generation Capacity, By Fuel Type, %, 2008 19
Table 2: Canada, Cumulative Installed Renewable Power Generation Capacity (Including Hydro), MW, 2001-08 20
Table 3: Canada, Cumulative Installed Renewable Power Generation Capacity, By Fuel Type, %, 2008 21
Table 4: Canada, Installed Renewable Power Generation Capacity, By Fuel Type, MW, 2001-08 21
Table 5: Canada, Cumulative Installed Wind Power Capacity, MW, 2001-13 24
Table 6: Canada, Wind Power Generation, GWh, 2001-13 25
Table 7: Canada, Planned Offshore Wind Farms 26
Table 8: Canada, Cumulative Installed Wind Power Capacity, By States, %, 2008 27
Table 9: Canada, Annual Installed Wind Power Capacity, MW, 2001-13 29
Table 10: Canada Wind Turbine Market, Annual Value Forecast, Million USD, 2003-13 30
Table 11: Canada, Turbines Manufacturers Share in the Cumulative Wind Power Installations, %, 2008 31
Table 12: Canada, Average Wind Turbine Size, MW, 2001-08 32
Table 13: Canada, Classification of Total Wind Turbines Installed, 2008 33
Table 14: Canada Wind Market, Top 15 Active Onshore Wind Farms 34
Table 15: Canada Wind Market, Top 15 Under Construction Wind Farms 35
Table 16: Canada Wind Market, Top 15 Planned Wind Farms 36
Table 17: Canada, Share of States in Under Construction Wind Farm Projects 37
Table 18: Canada, Top 10 Active Wind Farm Developers by Cumulative Installed Capacity, 2008 38
Table 19: Canada, Green Power – Provincial Targets and Policies 42
Table 20: Ontario Feed-in Tariff Program, By Renewable Energy Source, 2009 48
Table 21: Ontario Feed-in Tariff Program, Additional Price Incentives 49
Table 22: Ontario FIT, Percentage of Price Additions on Basis of Percentage Control of Equity Ownership 49
Table 23: Enercon GmbH, Key Facts 51
Table 24: Enercon GmbH, SWOT Analysis 55
Table 25: Enercon GmbH, Key Employees 62
Table 26: Enercon GmbH, Other Locations 63
Table 27: Enercon GmbH, Subsidiaries 63
Table 28: Vestas Wind Systems A/S, Key Facts 64
Table 29: Vestas Wind Systems A/S, SWOT Analysis 73
Table 30: Vestas Wind Systems A/S, Key Employees 80
Table 31: Vestas Wind Systems A/S, Other Locations 85
Table 32: Vestas Wind Systems A/S, Subsidiaries 86
Table 33: GE Energy, Key Facts 88
Table 34: GE Energy, SWOT Analysis 98
Table 35: GE Energy, Key Employees 106
Table 36: GE Energy, Other Locations 108
Table 37: Finavera Renewables Inc., Key Facts 110
Table 38: Finavera Renewables Inc., Key Employees 114
Table 39: Renewable Energy Systems Ltd, Key Facts 117
Table 40: Renewable Energy Systems Ltd, Key Employees 120
Table 41: Renewable Energy Systems Ltd, Other Locations 122
Table 42: Renewable Energy Systems Ltd, Subsidiaries 123
Table 43: EarthFirst Canada Inc., Key Facts 124
Table 44: EarthFirst Canada Inc., Key Employees 126
Table 45: Acciona Energia, S.A., Key Facts 132
Table 46: Acciona Energia, S.A., SWOT Analysis 137
Table 47: Acciona Energia, S.A., Key Employees 145
Table 48: Acciona Energia, S.A., Other Locations 146
Table 49: Acciona Energia, S.A., Subsidiaries 146
Table 50: AIM PowerGen Corporation, Key Facts 148
Table 51: AIM PowerGen Corporation, Key Employees 149
Table 52: Naturener, S.A., Key Facts 151
Table 53: Naturener, S.A., Other Locations 152
Table 54: TransAlta Wind, Key Facts 153
Table 55: TransAlta Wind, Key Employees 154
Table 56: Canadian Hydro Developers, Inc., Key Facts 155
Table 57: Canadian Hydro Developers, Inc., SWOT Analysis 158
Table 58: Canadian Hydro Developers, Inc., Key Employees 164
Table 59: EPCOR Power L.P., Key Facts 170
Table 60: EPCOR Power L.P., SWOT Analysis 173
Table 61: EPCOR Power L.P., Key Employees 178
Table 62: Maxim Power To Merge With EarthFirst Canada 183
Table 63: Wind Works Power To Acquire Zero Emission People 184
Table 64: Wind Works Power To Acquire 70% Interest In Skyway 126 Wind Energy 185
Table 65: International Power Completes Acquisition Of AIM PowerGen From Renewable Energy eneration 186
Table 66: Eolectric Acquires 100% Interest In Vents du Kempt 187
Table 67: TransAlta Acquires 93.50% Interest In Canadian Hydro Developers 188
Table 68: Seakinetics To Acquire Re-Tech Project Management 190
Table 69: Atlantic Wind & Solar Acquires 47.5% Interest In Hybridyne Power Systems 191
Table 70: Wind Works Power Enters Into Joint Venture With Zero Emission People 192
Table 71: Northland Power Issues 6.25% Convertible Debentures Due 2014 For $86.03 Million 193
Table 72: TransAlta Completes 6.45% Senior Notes Offering For $177.93 Million 194
Table 73: Enel Atlantic Canada to Receive $8 Million Grant For St. Lawrence Wind Power Project, Canada 195
Table 74: Boralex Completes Project Financing For Thames River Wind Farm In Southern Ontario, Canada 196
Table 75: Naikun Wind And Enmax Announces Project Financing Of $1,275 Million For NaiKun Wind Power Project, Canada 197
Table 76: The City of Summerside Receives $8 Million Grant For Summerside Wind Project (Phase II), Canada 198
Table 77: Canadian Hydro Acquires Ontario Wind Prospect From Wasatch Wind, Canada 199
Table 78: Haida Enterprise To Acquire 40% Stake In Hecate Strait Wind Power Project From NaiKun Wind Energy 200
Table 79: Great Lakes Hydro To Acquire 15 Canadian Hydroelectric Plants And Wind Power Project From Brookfield 201
Table 80: Schneider Power And Lands End Acquires Grand Valley Wind Farms From EarthFirst, Canada 202
1.2 List of Figures
Figure 1: Canada, Cumulative Installed Power Generation Capacity, By Fuel Type, %, 2008 18
Figure 2: Canada, Cumulative Installed Renewable Power Generation Capacity (Including Hydro), MW, 2001-08 19
Figure 3: Canada, Cumulative Installed Renewable Power Generation Capacity, By Fuel Type, %, 2008 20
Figure 4: Canada, Cumulative Installed Wind Power Capacity, MW, 2001-13 24
Figure 5: Canada, Wind Power Generation, GWh, 2001-13 25
Figure 6: Canada, Cumulative Installed Wind Power Capacity, By States, %, 2008 27
Figure 7: Canada, Annual Installed Wind Power Capacity, MW, 2001-13 28
Figure 8: Canada Wind Turbine Market, Annual Value Forecast, Million USD, 2003-13 30
Figure 9: Canada, Turbines Manufacturers Share in the Cumulative Wind Power Installations, %, 2008 31
Figure 10: Canada, Average Wind Turbine Size, MW, 2001-08 32
Figure 11: Canada, Classification of Total Wind Turbines Installed, 2008 33
Figure 12: Canada, Share of Under Construction Wind Farm Projects by States 37
Figure 13: Ontario Feed-in Tariff, Division by Power Range 47
Figure 14: GlobalData Methodology 227