This is good news but note that the existing FIT contract may be a marketable commodity for the developer.

Wind farm opponents are cautiously heralding the news that the Stoneboat Community Wind Farm was cancelled.
The company announced late Thursday that it was scrapping its plans to place five wind turbines on privately owned property between Stewart Line and Sharpe’s Line on the east and west sides of Dranoel Rd., north of Hwy. 7A.
The turbines would have overlooked the Devil’s Elbow ski resort and put plans to build a multi-million dollar Buddhist retreat in the immediate area in jeopardy.
Scott McFadden, deputy mayor of Cavan Monaghan, said the project fell off the rails when two of the three private landowners pulled out of the project.
But there’s one big question that’s stopping McFadden from celebrating.
He didn’t know if the company’s FIT contract with the Ontario Power Authority was cancelled.
“That’s the billion-dollar question,” he said.
If it’s not, he said, it could mean that the project could just be moved somewhere else in the Township.
City of Kawartha Lakes councillor Heather Stauble said she had been in contact with the company behind the Stoneboat Wind Farm, and was told that the Stoneboat project was cancelled and, to the best of their knowledge, the FIT contract hasn’t been transferred somewhere else.
“Which doesn’t mean no,” she said.
If the FIT contract is cancelled, she said, then it’s wonderful news.
But there are three more wind turbine projects slated for the area, and Stauble said they’ll continue their fight against those projects. …

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