Peterborough-based company is involved in an
estimated $45-million project to build as
many as 12 wind turbines in Prince Edward
Gilead Power Corp.
held a public consultation meeting in
Milford on Thursday as part of the
development process for the project.
Gilead Power will
develop, own and operate the wind farm.
This will probably be
the first Gilead Power project to become
operational since the company was
established in 2004, said Paul Pede,
president of Gilead Power.
“This is actually our
keystone project," he told The Examiner in a
telephone interview from Prince Edward
company has five employees.
Gilead Power is a
renewable energy development company. Its
projects will convert wind, biomass and
hydro resources into clean energy.
The company has more
than 1,700 megawatts of clean energy under
development, including five wind energy
projects and three biomass projects.
Gilead Power doesn't
build turbines, Pede explained.
“We develop projects
and purchase turbines from different
manufacturers," he said.
Turbines for the wind
farm at Ostrander Point in Prince Edward
County, south of Belleville, will likely be
manufactured in Europe or the United States,
turbines in Ontario are 78-80 metres tall,
with each turbine blade being roughly 42
metres long, Pede said.
The proposed project
for Ostrander Point would generate 20
“We’re getting very
positive feedback. There are people who
always have concerns and questions about
this type of project. Wind facilities are
new to Ontario," Pede said.
“Wind is probably
going to be the biggest component to the
province's commitment to renewable
Pending approvals, the
Ostrander Point wind energy project would be
connected to the provincial electricity
scheduled to begin in fall 2009 and the
Ostrander Point project is set to start
churning out power in 2010.
The company started
environmental studies and surveys in spring
2006. An environmental screening report is
scheduled to be completed in April.