Wind Works Power Corp. Obtains Permits for its 150 MegawattThunder Spirit Project in North Dakota
October 17 2013 - 10:21AM
OTC Markets
Wind
Works Power Corp. Obtains Permits for its
150
Megawatt Thunder Spirit Project in North Dakota
October 17, 2013
OTTAWA,
ONTARIO October
17, 2013 ? Wind Works
Power Corp. (OTC:WWPW - News)(WKN:
A0RPM2) is pleased to announce
it has secured the two required permits for its 150 megawatt
(MW)Thunder Spirit
project, located in North Dakota, in which it held a 75% interest,
and, has
exercised its option to acquire the remaining
25%.
The two principal permits required for Thunder Spirit
are a
siting permit from Adams County, granted on September 9, 2013; and
a
Certificate of Site Compatibility issued by the North Dakota Public
Service
Commission, which was issued on October 9, 2013.
An Interconnection Agreement was signed for 150MW with
the Midcontinent
Independent System Operator`s (MISO) power market in February 2012.
Wind Works
is currently working to secure a Power Purchase Agreement (PPA) for
the Project.
?With the permitting now in place, as well as an
Interconnect
Agreement, we now only require a Power Purchase Agreement in order
to secure
financing and commence construction of our Thunder Spirit project,?
comments
Dr. Ingo Stuckmann, Wind Works? President and CEO.
About Wind Works / Zero Emission
People
Wind Works now operates 4.6 megawatts in Germany, in
which it
has a 49% ownership stake. In addition, Wind Works is developing 77
megawatts
of near-term permitted projects in Germany; 50 megawatts of FIT
contracted
projects in Ontario with Capstone Infrastructures, plus an
additional 20
megawatts on its own; and 425 megawatts of projects in the United
States.
Our mission is to provide the opportunity for people
to
participate in the development of renewable wind energy projects.
We believe in
making sound, environmentally conscious investments that are good
for our
shareholders and our planet. To eliminate one person`s carbon
footprint of 20 tons
each year (for the US), it only takes a modern windmill 2 days by
producing
approx. 40,000 kilowatt hours of zero emission energy.
For more information, please
visit: www.windworkspower.com
Safe Harbor Statement under the Private Securities
Litigation
Reform Act of 1995: The statements contained herein which are not
historical
are forward-looking statements that are subject to risks and
uncertainties that
could cause actual results to differ materially from those
expressed in the
forward-looking statements including, but not limited to, certain
delays beyond
the company's control, inability to successfully conclude
negotiations
currently in progress, and other risks detailed from time to time
in the Company's
filings with the Securities and Exchange Commission.
For additional
information, please contact:
Investor Relations
ir@windworkspower.com
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