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Fri04252014

Wind power to reach 47 gigawatts in 2014 – G.W.E.C.

Wind power to reach 47 gigawatts in 2014 – G.W.E.C.

The wind market is expected to reach installations of at least 47 gigawatts in 2...

Floating tidal current turbines to be installed in Canadian waters

Floating tidal current turbines to be installed in Canadian waters

Siemens business Marine Current Turbines Ltd., Bluewater Energy Services B.V., a...

Smog causes partial car ban in Paris – But is the Diesel Industry to blame?

Smog causes partial car ban in Paris – But is the Diesel Industry to blame?

There’s a choking, Beijingian smog hanging over Parisian skies. Warm, still cond...

Climate change is happening, affecting all areas of the globe – I.P.C.C.

Climate change is happening, affecting all areas of the globe – I.P.C.C.

The effect of climate change is already being felt worldwide, according the Inte...

Hong Kong extends its registration tax exemption for E.V.s

Hong Kong extends its registration tax exemption for E.V.s

Hong Kong has passed a resolution that will extend its first registration tax ex...

Make a green choice by purchasing eco-clothing for your kids

Make a green choice by purchasing eco-clothing for your kids

There are several benefits of organic kid’s clothing. As people are becoming env...

Restoring the beauty of the Chesapeake Bay

Restoring the beauty of the Chesapeake Bay

The Chesapeake Bay is America’s largest estuary, which is a body of water that l...

Business

Smog causes partial car ban in Paris – But is the Diesel Industry to blame?

Smog causes partial car ban in Paris – But is the Diesel Industry to blame?

Monday, 07 April 2014

There’s a choking, Beijingian smog hanging over Parisian skies. Warm, still conditions have caused car fumes and chemicals to collect above the city a...

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Technology

New ceramic material developed for hydrogen storage

New ceramic material developed for hydrogen storage

Thursday, 24 April 2014

A new ceramic material developed by engineers at the University of California, San Diego, has been demonstrated to be able to store and release hydrog...

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Politics

More time needed for a decision on Keystone XL Pipeline

More time needed for a decision on Keystone XL Pipeline

Thursday, 24 April 2014

The United States Department of State will be extending its decision-making period on the submission of their views on the proposed Keystone Pipeline ...

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Living Green

Good cooperation between animals and humans can save the environment

Good cooperation between animals and humans can save the environment

Monday, 21 April 2014

Even though humans are regarded as the most intelligent beings of the lot, recent researches show that, without the help of some particular animals, i...

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Renewables

Low-Carbon

Five ways to make your business more energy efficient

Five ways to make your business more energy efficient

Thursday, 24 April 2014

Reducing your energy bills is one of the easiest ways to drastically cut your business's operating costs and look after your bottom line. Not only tha...

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Opinion

Restoring the beauty of the Chesapeake Bay

Restoring the beauty of the Chesapeake Bay

Thursday, 27 March 2014

The Chesapeake Bay is America’s largest estuary, which is a body of water that links rivers to the sea and acts as a bridge between freshwater and sal...

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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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