Schenectady, NY - December 23, 2013 - Wind Works Power Corp. (OTC:WWPW - News), is pleased to announce it has started construction on its 100% owned Thunder Spirit project, located in Hettinger, North Dakota. A Power Purchase Agreement (PPA) for 105 MW was signed with Montana Dakota Utilities (MDU) on October 28, 2013.
The construction of Thunder Spirit Wind has started with building service roads and preparing the site for more extensive construction activities planned for the Spring 2014. Laurence Greene, Lead Developer for Thunder Spirit adds, "on-site activities initiated in November, with road construction starting December 6th. Our dedicated construction crews worked hard to complete the initial roadwork on December 18th, two days ahead of schedule. We plan to return and pick up where we left off next Spring when weather permits."
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The start of construction in 2013 does qualify the project for the federal production tax credit (PTC).
About Wind Works / Zero Emission People
Wind Works now operates 4.6 megawatts in Germany, in which it has a 49% ownership stake. In addition, Wind Works is developing its permitted and contracted 105 MW Thunder Spirit project in North Dakota, 50 megawatts of FIT contracted projects in Ontario with Capstone Infrastructures (an affiliate of Macquarie Infrastructure), plus an additional 20 megawatts on its own; 77 megawatts of near-term permitted projects in Germany; and a 320 megawatt project pipeline in the United States.
Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 20 tons each year (for the US), it only takes a modern windmill 2 days by producing approx. 40,000 kilowatt hours of zero emission energy.
For more information, please visit: www.windworkspower.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the company's control, inability to successfully conclude negotiations currently in progress, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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