Sky Harvest Welcomes SaskPower's Announcement of Green Energy Programs
29 10월 2009 - 8:00PM
PR Newswire (US)
Symbol: SKYH:OTCBB VANCOUVER, Oct. 29 /PRNewswire-FirstCall/ -- Sky
Harvest Windpower Corp., (OTCBB: SKYH) ("Sky Harvest" or "the
Company"), welcomes the announcement by SaskPower on October 28,
2009 of the Green Options Plan and the Green Options Partners
Program, which will add a further 200 megawatts (MW) of Windpower
to SaskPower's generation capacity. Under the Green Options Plan,
SaskPower intends to procure up to 175MW of wind power from
independent power producers. SaskPower has announced that a formal
Request for Qualifications to identify qualified bidders will be
issued on December 1, 2009. Further details of the Green Options
Plan will be released before the end of the year. "This program
delivers on the Saskatchewan Government's commitment to provide the
province with a reliable, cost-efficient and environmentally
sustainable power generation system. Windpower can meet these
obligations and new forecasting technologies are ever increasing
the reliability of the resource." said Chris Craddock, President
and C.E.O. of Sky Harvest. Sky Harvest Windpower Corp, through its
subsidiary Sky Harvest Windpower (Saskatchewan) Corp., is
developing two utility scale wind farm projects in Southwest
Saskatchewan. The Sky Harvest project near Birsay is at an advanced
stage of design and engineering, and is potentially at least a
150MW facility. A project of this size could deliver enough
electricity to supply 65,000 Saskatchewan homes. The proposed
project could provide up to 180 jobs during construction with a
third of those being primarily local opportunities. Sky Harvest
intends to respond to the Request for Qualifications when it is
released. ON BEHALF OF THE BOARD OF SKYHARVEST WINDPOWER CORP.
Chris Craddock, President Safe harbor for Forward-Looking
Statements: Except for statements of historical fact, the
information presented herein constitutes forward-looking
statements. Forward-looking statements may include financial and
other projections, as well as statements regarding the Company's
future plans, objectives or economic performance, or the
assumptions underlying any of the foregoing. The Company uses words
such as "may", "would", "could", "will", "likely", "expect",
"anticipate", "believe", "intend", "plan", "forecast", "project",
"estimate" and similar expressions to identify forward-looking
statements. Any such forward-looking statements are based on
assumptions and analyses made by the Company in light of its
experience and its perception of historical trends, current
conditions and expected future developments, as well as other
factors we believe are appropriate in the circumstances. However,
whether actual results and developments will conform to the
Company's expectations and predictions is subject to a number of
risks, assumptions and uncertainties. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the company to be materially different from those
indicated. Forward looking statements in this press release include
the following: that SaskPower intends to procure up to 175MW of
wind power from independent power producers, that new forecasting
technologies are increasing the reliability of the resource, that
SaskPower will issue a formal Request for Proposals on December 1,
2009, that Sky Harvest Windpower (Saskatchewan) Corp. is developing
two utility scale wind farms in Southwest Saskatchewan, that the
project near Birsay is at an advanced stage of design and
engineering and is capable of being at least a 150MW facility that
would deliver enough electricity to supply 65,000 Saskatchewan
homes, and that the proposed project would provide approximately
180 jobs during construction with a third of those being primarily
local opportunities. Factors which may delay or prevent these
forward looking statements from being realized include
misinterpretation of data; that we may not be able to keep our
qualified personnel; that our estimates of environmental impacts
are inaccurate; that we may not be able to get equipment or labor
as we need it; that we may not be able to raise sufficient funds to
complete our intended windfarm business, that weather, logistical
problems or hazards may prevent us from continuing the development
of our windfarm business, inability to obtain pertinent agreements
and permits, construction of project facilities, failure by the
Saskatchewan government to issue requests for qualifications or
requests for proposals or pursue an electrical power generation
strategy based on wind power. Readers should refer to the risk
disclosures outlined in the Company's periodic reports filed from
time to time with the United States Securities and Exchange
Commission on EDGAR at http://www.sec.gov/ and with the British
Columbia Securities Commission at http://www.sedar.com/.
DATASOURCE: Sky Harvest Windpower Corp. CONTACT: INFORMATION: PH:
(604) 601-2070; INVESTOR RELATIONS: 1-877-700-7021 (Toll Free); For
information on Sky Harvest Windpower Corp. see
http://www.skyharvestwind.com/
Copyright