Samsung looking to build Lake Erie wind farm

Giant conglomerate Samsung is apparently pondering a wind farm comprising 200 turbines on the north shore of Lake Erie but the Ontario government would only confirm Sunday that talks with the Korean-based company are in advanced stages.

The proposed wind farm, part of Samsung’s new push into renewable energy, would stretch about 25 kilometres from Port Maitland toward Nanticoke, an area considered to have excellent wind potential.

The Ontario government said the two parties have been involved in “months of extraordinarily co-operative effort” toward an agreement that would involve billions of new investment, including in manufacturing facilities.

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Ontario in talks with Samsung to bring renewable energy business to province

TORONTO — South Korean electronics and industrial giant Samsung is in talks with the Ontario government to establish a renewable energy business in the province.

In a release, Ontario says talks have been ongoing for months and progress is being made toward an agreement.

In May, Samsung announced plans to enter the wind turbine market in 2010.
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