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Offshore wind project names its price to PUC

Maine Aqua Ventus 1, the offshore wind pilot project led by the University of Maine, released today financial details of its proposed 20-year power purchase agreement that would sell up to 43,000 megawatt hours per year of electricity to the grid at a price of 23 cents per kilowatt hour.
That’s 4 cents per kilowatt hour less than the price approved by the Maine Public Utilities Commission  ear ...

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