Articles from Maine

First Wind sale means end of $333 million partnership with Emera

“This transaction is essentially an unwinding of our original transaction with First Wind as they pursue a new direction and we seek to redeploy our capital in higher value assets and opportunities in other clean energy infrastructure investments, including electricity transmission and natural gas electricity generation in the Northeast,” said Chris Huskilson, Emera’s president, in a news release Monday.
18 Nov 2014

Public meeting held on plan to build Maine’s largest wind farm in Aroostook County

Representatives of EDP Renewables held a public information session, which drew about 50 people, on the proposed 250-megawatt facility featuring about 120 turbines on Wednesday in Mars Hill. Company officials told Aroostook County commissioners on Sept. 3 that they expected to seek Maine Department of Environmental Protection permits for their Number Nine Wind Farm proposal in late November, officials said.
15 Nov 2014

Foes renew challenge of joint wind-power venture

The three-year battle against a $333 million joint wind-power venture between First Wind and Emera took a new turn on Tuesday, when opponents to the deal filed a fresh challenge at the Maine Supreme Judicial Court. A notice of the court appeal also was filed at the Maine Public Utilities Commission.
29 Oct 2014

First Wind’s investment from Emera appealed again to top court

In the notice of appeal sent to the PUC, Houlton Water said that it plans to challenge the PUC decision on six different points, including whether the decision violated the Legislature’s intent in deregulating power production, whether the PUC went beyond its bounds in making certain stipulations in the case and whether the evidence in the case satisfied an earlier ruling requiring further scrutiny from regulators.
28 Oct 2014

Could initial offshore wind projects crash New England's REC market?

The circular logic of REC market fundamentals would have low REC pricing jeopardizing future development. As renewable energy project profit margins get squeezed, fewer projects will be built and forward REC prices would rebound as forward supply tightens.The worry is that offshore wind projects could break this self-correcting market logic in the New England Power Pool (NEPOOL).
14 Oct 2014

Opponents appeal approval of wind farm in Bingham

Friends of Maine’s Mountains, an environmental advocacy group, filed one of two appeals this week with the state Board of Environmental Protection. The other was filed by an individual, Alice McCabe Barnett, who has filed petitions opposing the project in the past.
11 Oct 2014
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