Energy & Utilities

“When energy costs rise, everyone feels it — at the gas pump, in heating bills and in grocery prices,” an economics professor at the University of New England College of Business told Mainebiz.

Swift Current Energy has secured tax equity financing and $248 million in project financing for its Three Rivers solar facility in Hancock County.

The towns are jointly exploring radio communication system upgrades to remedy issues that officials said have become critical to public safety.

The ground-mounted solar array is expected to generate more than 18 million kilowatt-hours of electricity a year, reducing the facility’s carbon footprint while providing long-term cost predictability.

Plus Power's Cross Town Energy Storage offers "utility-scale" battery storage that absorbs excess energy when customer demand is lower and stores it for use during times of peak demand.

Maine Connectivity Authority has received $48.4 million of the $272 million in federal funding originally allocated to improve internet service.

The Massachusetts-funded project was designed to deliver 1,200 megawatts of renewable power from Québec to New England.

Mainebiz caught up with E2Tech’s new leader to find out more about his background and plans to attract more members to the organization.

A conservation collaboration to buy 78,000 acres of forestland in western Maine surpassed 50% of its $62 million fundraising goal. The acquisition could be completed in 2026.

The system will supply 36% of the company's electricity needs at the plant, and is expected to deliver an estimated $218,000 in savings over the lifetime of the installation.