Irish based wind energy group, Finavera, today said it has struck a deal with GE Energy to develop a wind farm in British Columbia, Canada worth USD7.5m.
Jason Bak, the 36-year-old co-founder of Finavera Renewables Inc. (FVR.V), is thrilled that his microcap upstart won four wind-farm contracts from BC Hydro, but he's not surprised.
Five public companies have emerged as winners in the first stage of British Columbia’s “clean power call” that selected green energy projects to supply the province’s future energy needs.