Maine PUC approves off-take contract for 72.6 MW Weaver wind project
The Maine Public Utilities Commission (PUC) has approved the 20-year power purchase agreement (PPA) deal for the output of the 72.6 MW Weaver wind project in Hancock County.
The agreed price in US$0.035 per kWh and it will be rising at a rate of 2.5% per year. The power output of the project will be sold to Emera Maine.
Longroad Development Partners, the developer of the project, plans to put the project into operation by 2020.
Country updates
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July 23, 2019
Vistra Energy concludes acquisition of Crius Energy Trust
Vistra Energy and Crius Energy Trust have announced the completion of the Crius Energy acquisition by Vistra. The closing of the transaction follows the overwhelming approval of the transaction...
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July 22, 2019
Xcel Energy commissions 478 MW Hale Wind Project in US
Xcel Energy has completed the 478 MW Hale wind Project near Plainview, Texas - a clean energy resource that is now serving Texas and New Mexico customers with low-cost energy. The new wind facility s...
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July 19, 2019
National Grid completes acquisition of Geronimo Energy
National Grid, through its competitive non-regulated unit National Grid Ventures (NGV), completed its US$100 million acquisition of Geronimo Energy - wind and solar developer in North America. Founde...
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July 18, 2019
Cubico reaches financial close on 100 MW Huntley solar PV project in US
Cubico Sustainable Investments (Cubico), a global investor in renewable energy backed by two of Canada’s largest pension funds, recently reached financial close for the 100 MW Huntley solar PV p...
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July 18, 2019
AEP to invest in 1.5 GW of US wind projects
American Electric Power announced that its Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co. (SWEPCO) companies are seeking regulatory approvals to purchase three wind projects,...
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