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 Wolverine is purchasing the total output of the Harvest Wind Farm, Michigan’s first commercial-scale wind project, under a long-term purchase power agreement. The farm began generating electricity in December 2007.
During Harvest’s first year of commercial operation, the project produced a total of 122,254 MWh of renewable generation. Wolverine supplied 9,696 MWh to its distribution cooperative members. The remainder of the facility’s output was sold to third parties in the voluntary renewable energy market as renewable energy or in the form of Renewable Energy Credits (RECs).
In 2009, Harvest generated a total of 132,938 MWh, and 19,145 MWh were supplied to our distribution members. The remaining output was sold to third parties in the voluntary renewable energy market as renewable energy or in the form of RECs. 2009 is the first year in which RECs could be banked to meet Michigan’s Renewable Portfolio Standard (RPS) requirements beginning January 2012.
We will continue to provide RECs and/or renewable energy to third parties in the voluntary renewable energy market from the Harvest Wind Farm. All future third party sales in the voluntary renewable energy market and RECs required to meet Michigan’s RPS compliance will be delineated as required by law.
The Harvest Wind Farm spans 3,200 acres between Elkton and Pigeon, Michigan, in Huron County. Each of the wind farm’s 32 turbines is capable of producing 1.65 megawatts of electricity, for a total project capacity of 52.8 megawatts. The project represents a $94 million investment.
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