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NAIKUN IN THE NEWS
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NaiKun Moves Forward with
Environmental Assessment Process
Prince Rupert Daily News
Leanne Ritchie
December 21, 2007
Wind farms may have little
impact on birds, meeting in Skidegate hears
Queen Charlotte Islands Observer
Heather Ramsay
December 20, 2007
NaiKun expands relationship
with First Nations communities
North American Wind Power
NAW Staff
December 7, 2007
NaiKun Makes Haywood
Securities Top 25 Picks for 2008
Haywood Securities Inc. Radar Guide
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INDUSTRY NEWS
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North American WindPower
January 15, 2008
Report: Wind-Powered Generation
Doubles In Ontario
"With an additional 700 MW scheduled to come into service over the
next 18 months, wind will play an increasingly important role in
Ontario's supply mix."
* Read report here.
Toronto Star
January 16, 2008
Premier reveals support for
offshore energy plan
"Every electron that comes out of a wind turbine means one less
required from a fossil plant...wind is poised to become a big new player,
particularly if we can get some of that offshore stuff going." (Keith Stewart, WWF-Canada)
* Read story here.
BC Hydro
December 14, 2007
Mossadiq Umedaly New Chair of
BC Hydro Board
Umedaly brings an extensive background in the energy sector and has
served as the chair of the Premier's Alternative Energy and Power
Technology Task Force.
* Read BC Hydro release here.
The Star.com
January 15, 2008
Ontario to approve great lakes
wind power
Ontario is preparing to lift a controversial moratorium on the
development of offshore wind projects in the Great Lakes that has been in
place for nearly 14 months.
* Read article here.
CNW Group
January 10, 2008
BC Transmission Corp plans $5.1
billion investment in electricity system upgrades
"BCTC is planning for the future by ensuring British Columbia's
electricity system has the necessary capacity to meet the needs of our
growing population," said Jane Peverett, BCTC President and CEO.
* Read release here.
Renewable Energy Access
January 9, 2008
A snapshot of Canadian green
power: 2007/08
BC's first wind farms are now in the early stages of construction in the
province's Peace River region, as well as on the North Coast, for a total
of about 270 megawatts (MW).
* Read story here.
Sustainable Business.com
January 10, 2008
2007 record year for wind power
The AWEA estimates the industry installed a record 3,000 megawatts (MW)
of new wind power capacity in 2007--and produced enough total energy to
supply more than 3 million American homes.
* Read news here.
The Vancouver Sun
January 4, 2008
Cutting greenhouse gases is the
law, so let's talk about it
B.C.'s Greenhouse Gas Reduction Targets Act came into force on Tuesday,
Jan 1. The
legislation has set targets for reducing B.C.'s overall greenhouse gas
(GHG) emissions. A 33-per-cent reduction or better by 2020, and an
80-per-cent reduction or better by 2050 (as compared to 2007 levels.)
* Read story here.
Renewable
Energy Access
January 2, 2008
PGE completes biglow canyon
wind farm
PGE's first wholly owned and operated wind farm has an installed capacity
of 125 megawatts.
* Read article here.
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NAIKUN NEWS DIGEST FEBRUARY
2008
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 Welcoming 2008
Dear Subscriber:
On February 6th
2008 NaiKun Wind Energy Group Inc. held its Annual General Meeting in
Vancouver. Chairman, President and CEO Michael C. Burns addressed
shareholders and reflected on the company's significant achievements in
2007.
"The past year
was our most successful and active to date. We continued to add high
caliber talent to our Board and executive, secured agreements with key
industry leaders, closed a significant private placement and concluded a
formal agreement with the Haida Nation. Work at the project site
progressed on schedule with the installation of a $2.5 million
meteorological station," said Mr. Burns.
Indeed, we managed
to achieve several milestones including securing key agreements with
industry leaders, like ENMAX, Siemens and GL Wind Test. Our profile
continued to grow with a series of prominent announcements including the
$35 million private placement, finalized partnerships with North Coast
First Nations and the installation of the first Canadian offshore laser
anemometer and meteorological station at the project site in Hecate
Strait.
This year promises
to be just as exciting as we prepare for the BC Hydro Clean Power Call.
We have assembled a high caliber executive team and an impressive board
of directors, including recently appointed Joe S. Houssian and Fred
Dabiri that has positioned us well for the 2008 call.
Our momentum
continues to grow and we are eager to move our project forward. Please
find a synopsis of NaiKun's latest news and developments in this edition
of the NaiKun News Digest.
Sara
MacIntyre
Director, Public Affairs and Communications
NaiKun Wind Development
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NAIKUN NEWS
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NaiKun AGM
Highlights Project Progress, Board Additions and the Year Ahead
NaiKun Wind Energy Group Inc. held its Annual General Meeting in
Vancouver February 6, 2008. NaiKun Chairman, President and CEO, Michael
C. Burns addressed shareholders with a review of the company's progress.
* Read
the news release here.
NaiKun
Announces Key Additions to Bid Advisory Committee for BC Hydro Clean
Power Call, Executive Resignation
NaiKun Wind Energy Group has made significant additions to its Bid
Advisory Committee with the appointment of three senior advisors.
Executive Vice President and Director, Ray Castelli recently announced
his resignation.
* Read
the news release here.
Terms of
Reference Approved by Environmental Assessment Office
On 20 December 2007, the Environmental Assessment Office (EAO) approved
the Terms of Reference (TOR) for NaiKun's 320 MW offshore wind project.
The TOR outlines all of the information that must be included in an
application for an Environmental Assessment Certificate. Now that the TOR
has been approved by the EAO, NaiKun will conduct all of the
environmental, social and economic research studies required to complete
the application for an Environmental Assessment Certificate.
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For
more information on the Environmental Assessment Process visit: www.eao.gov.bc.ca.
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NaiKun Wind
Energy Group Welcomes New Board Members
On 10 December 2007 Joe S. Houssian and Fereydoun (Fred) Dabiri were
elected to the NaiKun Wind Energy Group Board of Directors.
 Joe S. Houssian
The founder of Intrawest Corporation, Mr. Houssian is one of Canada's
most noted entrepreneurs. He is widely recognized for his ability to
transform ideas into operational and profitable enterprises. We are very
fortunate to gain Mr. Houssian's experience in business development,
growth and operations and look forward to his contributions to the growth
of NaiKun Wind Energy Group.
Fereydoun
(Fred) Dabiri
First Nations expert Fred Dabiri is President and CEO of David Nairne +
Associates, a firm involved in commercial, residential and community
developments. Mr. Dabiri has already contributed significantly to the
NaiKun project in his role as director of NaiKun Wind Development Inc.
His experience working with over 125 First Nations across Canada will
continue to be a valuable asset to the project's progress, as he now
serves as a director of NaiKun Wind Energy Group.
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NaiKun
attends European Offshore Wind Conference and Exhibition 2007
Ray Castelli, President and CEO of NaiKun Wind Development, Peter
Hunter, Vice-President of Construction and Design, Matt Burns
Vice-President of Operations and NaiKun Wind Energy Group Director,
Fred Dabiri represented NaiKun at the European Offshore Wind Conference
in Berlin this past December. It was the world's largest offshore wind
exhibition with 2,000 participants and delegates. NaiKun used the
opportunity to meet with several potential suppliers and discuss the
project's recent developments. Mr. Burns toured the lay-down facility
of an offshore wind project currently under construction off the coast
of the Netherlands.
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COMMUNITY NEWS
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The NaiKun Wind Energy Group
Board at the Haida Gwaii Energy Centre with Roger Smith and Henry
Williams of the Haida Bucks basketball team.
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NaiKun
Board of Directors Visit Haida Gwaii
In early December, the NaiKun Wind Energy Group Board of Directors held
the board meeting at the Haida Gwaii Energy Centre in Masset. In
additional to the usual board business, directors were able to become
more familiar with the project site and the community. The NaiKun board
also announced that it will sponsor the Old Masset and Skidegate senior
men's basketball teams in an upcoming All-Native basketball tournament
this February 10 - 16, 2008 in Prince Rupert.
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NaiKun Chairman Michael C. Burns
talks to Haida Gwaii residents.
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Community
Meet and Greet
Following the meeting, NaiKun hosted a community Meet and Greet at the
Haida Gwaii Energy Centre. Residents and leaders from communities
throughout the Islands were invited to share a glass of wine and
discuss the NaiKun offshore wind project with board members and staff.
Roughly 70 people turned out for a night of great conversations,
questions and holiday cheer.
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NaiKun's Tony Fogarassy discusses
the wind resource in Hecate Strait.
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NaiKun VP of Engineering, Harvey
Permack attends the Community Meet and Greet with Tony Fogarassy.
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Dr. Mark Desholm gives a public
presentation on birds and offshore wind turbines in Skidegate.
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Acclaimed
Danish Bird Scientist Visits Haida Gwaii
Dr. Mark Desholm, one of the world's leading authorities on birds and
offshore wind turbines, visited Haida Gwaii in December. The acclaimed
Danish bird researcher gave a public presentation in Skidegate and ran
a scientific review of his research in Masset. Dr. Desholm specializes
in offshore wind turbine and bird interactions. He has been studying
bird migration, collision and mortality rates at two of the world's
largest wind projects, Denmark's Horns Rev and Nysted Offshore Wind
Farms.
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