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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

Comment by BayWallon Feb 11, 2021 12:33pm
111 Views
Post# 32538891

RE:This is the wave of the future and

RE:This is the wave of the future andMulitple things have to be woven together to make it happen, and this takes time. I don't think a new environmental assessment certificate is required (the old one expired Dec 10, 2019), as the new footprint for the wind turbines is small. Industry is changing quickly with new wind turbine technology. The company was dealing with 3.8MW turbines 10 years ago, now it's 14-15MW. Capital/operating costs have declined significantly. Competitive electricial rates with hydro, so an EPA is more likely, than a decade ago. Despite everything, still have to pay attention to costs and options available for the project.
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