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Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.


TSXV:NKW.H - Post by User

Bullboard Posts
Post by sevushkaon Feb 11, 2011 4:36pm
397 Views
Post# 18119804

Ontario halts offshore wind energy projects

Ontario halts offshore wind energy projects

LONDON, Ont. - The Ontario government has abruptly changed direction on offshore wind energy, halting proposed projects.

The Liberal government said Friday it "is not proceeding withproposed offshore wind projects while further scientific research isconducted."

No approvals for offshore projects have yet been issued and "nooffshore projects will proceed at this time," the government said in astatement from the premier's office.

Premier Dalton McGuinty's government has come under sharp attack fromopponents of wind turbine farms, especially in rural areas alongstretches of Great Lakes identified as having the potential to power theprovince's alternative energy plans.

Projects have been proposed along Lakes Huron, Erie and Ontario.

Bullboard Posts