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Solar power could be leading source of electricity by 2050

Solar power could be leading source of electricity by 2050

Solar power could overtake all other sources of electricity by 2050, according t...

U.N. chief welcomes announcements made in Climate Summit

U.N. chief welcomes announcements made in Climate Summit

United Nations Secretary-General Ban Ki-moon welcomed bold new actions to addres...

Climate Summit sees intiatives and commitments

Climate Summit sees intiatives and commitments

Various bodies and entities on the Climate Summit in New York have announced the...

Climate Rally reaches 310,000 participants

Climate Rally reaches 310,000 participants

The number of people who joined the People’s Climate March this September 21 rea...

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

China has taken a big step towards reducing its hydrochlorfluorocarbons by closi...

Ozone layer on road to recovery – U.N.E.P., W.M.O.

Ozone layer on road to recovery – U.N.E.P., W.M.O.

The ozone layer is on the road to recovery, but unified action is still needed t...

Green vacation: Go on an eco-friendly safari

Green vacation: Go on an eco-friendly safari

The primary goal of modern-day eco-friendly African safaris is to lessen the ove...

Business

Technology

New oxygen-removing catalyst developed for better biofuel production

New oxygen-removing catalyst developed for better biofuel production

Thursday, 23 October 2014

Researchers from Washington State University have developed a new catalyst that can remove oxygen from plant-based materials for a more efficient biof...

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Politics

Chile sets carbon tax on its vehicles

Chile sets carbon tax on its vehicles

Thursday, 30 October 2014

Chile has set a carbon tax on its vehicles, promoting vehicle and energy efficiency. Under the tax reform, which is the largest in the last three deca...

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Living Green

How can households produce their own energy

How can households produce their own energy

Thursday, 30 October 2014

Green living, renewable resources, energy saving and producing your own energy are all topics that have gained big importance in our everyday life. It...

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Renewables

Low-Carbon

What needs to be injected In the core DNA of urbanity

What needs to be injected In the core DNA of urbanity

Thursday, 23 October 2014

Urbanization has taken an unprecedented upward turn in recent years. In 2007, half of the world’s population – around 3.6 billion people – lived in ur...

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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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