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Sun07132014

North Caucasus hydropower to increase with three new projects from RusHydro

North Caucasus hydropower to increase with three new projects from RusHydro

Three small hydropower plants developed by RusHydroare set to begin construction...

Discrediting advertisements on carbon pollution standards outrages organizations

Discrediting advertisements on carbon pollution standards outrages organizations

The Natural Resources Defense Council, and more than two dozen organizations, is...

Supercritical steam for super productive solar thermal plants

Supercritical steam for super productive solar thermal plants

By using supercritical steam, solar thermal power plants could produce enough en...

Nepal gets first wind-solar hybrid system

Nepal gets first wind-solar hybrid system

The Asian Development Bank has handed over the country’s very first wind-solar h...

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Nutrition plays a critical role in everyone’s chance at a better future. Hunger...

Chile’s largest solar power project officially open

Chile’s largest solar power project officially open

The 100 megawatt Amanercer Solar CAP Power plant in Chile has been officially op...

Five gigantic things happening in sustainability

Five gigantic things happening in sustainability

Understanding this mainly becoming typical ‘S’ word has always been part of the ...

Business

The Bioplastics industry in Korea – Where to next?

The Bioplastics industry in Korea – Where to next?

Thursday, 10 July 2014

The global bioplastics market is booming – total production capacity is set to grow 400% by 2017, and the European Commission has designatedbioplastic...

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Technology

Politics

Living Green

Elemooni: Eco-friendliness for kids

Elemooni: Eco-friendliness for kids

Thursday, 10 July 2014

A new group of nano explorers could change the way children learn about positive values, the environment, and believe it or not, the periodic table of...

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Renewables

Siemens welcomes Crown Estate’s new seabed rights for wave and tidal power

Siemens welcomes Crown Estate’s new seabed rights for wave and tidal power

Thursday, 10 July 2014

Siemens welcomes The Crown Estate’s announcement of agreed seabed rights for new demonstration zones and project sites around the United Kingdom’s coa...

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Low-Carbon

Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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First Wind gets $76 million for their fifth Maine wind farm

United States wind company First Wind is set to begin construction on their fifth wind project in the state of Maine, the 34-megawatt Bull Hill Wind, after getting hold of $76 million in construction financing.

A subsidiary of First Wind closed the $70 million non-recourse construction loan and $6 million in letters of credit for the project.

Bull Hill Wind will install 19 Vestas wind turbines on Bull Hill and Heifer Hill ridges in Hancock County, Maine. Installation is expected to take place during the summer of 2012, and the project is expected to be online by yearend.

The output of the project will be sold to NSTAR under a long-term power purchase agreement.

Bull Hill will create at least 200 construction jobs, with Maine-based contractor Reed & Reed hiring local businesses and subcontractors.

The surrounding communities in Eastbrook and Hancock County will also be receiving revenue from the project through an average aggregate tax payment of approximately $100,000 annually for the next 20 years and an additional $240,000 annually in community benefit payments.

According to Paul Gaynor, First Wind chief executive, the Bull Hill Wind Project will boost their capacity to generate power in Maine to nearly 220 MW.

First Wind has four other wind projects producing electricity in Maine, including the 42-MW Mars Hill Wind project in Aroostook County, the 60-MW Rollins Wind Project in Penobscot County and the 57-MW Stetson Wind and 26-MW Stetson Wind II in Washington County.

The four installations generate power for about 85,000 households with the Bull Hill project expected to supply power for another 18,000 homes.

Boston-based First Wind has projects in the Northeast, the West and Hawaii for a generation capacity of 750 MW plus an additional 230 MW currently under construction. Last month they completed construction financing for what is said to be Hawaii's largest wind project, the 69-MW Kawailoa Wind.



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