Renewable Energy Generation expands in Canada

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AIM-listed Renewable Energy Generation, a windfarm operator and developer, has ordered a further 18 wind turbines for its Canadian wind farm projects and expects delivery in autumn 2008.

REG logo

The company has other farms in the UK and Poland. But they are a fraction of the size of the estimated 2.5 GW that they could exploit in Canada - much easier to do since they acquired AIM Powergen Corp in August last year. There still isn't really much windpower in Canada - just under 800 megawatts in capacity in a country voluminous in empty space and plenty of hydropower to back it up. So REG looks strategically well placed in Canada.

And yet I think I've said it before, but couldn't someone have come up with a better name for the company than Renewable Energy Generation?

It's a bit like calling a computer company, the computer company. It makes it totally impossible to drown out the white noise of non-related information to the company on the internet - very important these days.

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