Renewable energy developer First Wind reached an agreement with Burlington Electric Department (BED) to sell the utility power generated from the planned Hancock Wind project near Ellsworth, Maine.
First Wind will sell 25 percent of the power and renewable energy certificates (RECs) generated at the 54 MW wind farm for the next 10 years under a fixed-price agreement to the Vermont utility.
BED is seeking to source 100 percent of its supply needs from renewable energy. The addition of the energy from the Hancock Wind project will bring the utility to 92 percent.
When built, the Hancock Wind project will feature 18 turbines with a capacity of 3 MW each, and it will be situated near the operating 34 MW Bull Hill Wind project in Hancock County, ME, which began operations in November 2012.
First Wind currently operates five wind projects in Maine and one in Sheffield, VT. Combined, the six projects generate enough electricity to power about 100,000 homes.