Energy & Utilities

State Chamber will delve into Iran war’s impact on Maine energy prices

The Maine State Chamber of Commerce will delve into the Middle East conflict's wider impact the cost of heating oil, natural gas and electricity.

🔒Middle East conflict casts shadow over Maine energy prices, economy

“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.

Renewable energy company secures financing for solar project in Hancock County

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

🔒Proposed communications upgrades for Scarborough and OOB could cost $15M

The towns are jointly exploring radio communication system upgrades to remedy issues that officials said have become critical to public safety.
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Solar array to power Poland Spring plant in Hollis

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.

Gorham battery storage facility touted as money saver for Maine

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.

$48M in federal funding will improve broadband access; more funding needed

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

🔒Eight years in the making, Avangrid switches on transmission line through Maine

The Massachusetts-funded project was designed to deliver 1,200 megawatts of renewable power from Québec to New England.
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🔒On the Record: Nonprofit leader with film background aims to amplify storytelling at E2Tech

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

Plans advance to buy and conserve swathe of western Maine forest

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.
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