Hydro, Renewable Energy

Hydro-Quebec, Innovente begin commercial operation at hydro plant

Innovente Inc. announced the beginning of the commercial operation of the company’s first plant in Saint-Patrice-de-Beaurivage. Electricity delivery to Hydro-Québec Distribution began according to the terms of the contract after the corporation successfully completed all compliance tests and trials.

The power purchase agreement with Hydro-Québec Distribution is for a period of 25 years, effective in September 2013, and provides for the production of 4.6 MW of electricity at a price of 12 cents /kWh (2009$), indexed at 2.13%/year.

Innoventé is based in Québec City.