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Stored Solar LLC has filed reports with the Maine Public Utilities Commission that show a significant decline in energy output and biomass purchasing over the second quarter of this year.
The Quoddy Tides reported the status of the company’s biomass energy plants in Jonesboro and West Enfield is uncertain. At least three lawsuits have been filed against Stored Solar, two involving logging contractors and one a maintenance company, Professional Logging Contractors of Maine Executive Director Dana Doran told the newspaper.
Stored Solar purchased the two plants from Covanta Energy in October 2016. The company is one of two firms that qualified as recipients of $13.4 million in funding to assist the biomass industry that was approved by the legislature in 2016.
Stored Solar is a subsidiary of the French energy firm Capergy. In April, a Stored Solar spokesman told Mainebiz the company is “committed to working with all the stakeholders to reinvigorate the biomass industry," in recognition of how integral it is to the state's overall $8.5 billion forest products industry.
Read more
Road map for struggling biomass industry?
Stored Solar planning greenhouses next to biomass plant
Biomass firm settles with loggers, wants PUC to defer its subsidy payments
Jonesboro biomass plant shut down
Stored Solar: Jonesboro biomass plant will reopen after boiler repairs
Potential investor withdraws $5M loan offer to biomass company
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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