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Energy & Utilities

  • Portland eyed for fuel-cell car station

    The Mainebiz News Staff November 11, 2010

    A Connecticut company is considering Portland as a site for a new hydrogen filling station that would supply electricity to fuel cell-powered cars.

    The Mainebiz News Staff November 11, 2010
  • Wood-to-energy projects net $5.5M

    The Mainebiz News Staff November 10, 2010

    Eight wood-to-energy conversion projects in Maine are receiving more than $5.5 million in federal stimulus funding.

    The Mainebiz News Staff November 10, 2010
  • Cianbro acquires Illinois contractor

    The Mainebiz News Staff November 8, 2010

    Pittsfield-based construction firm Cianbro Corp. announced Friday it has acquired Starcon International Inc., an Illinois petrochemical contractor with which the Maine firm has partnered since last December.

    The Mainebiz News Staff November 8, 2010
  • Penobscot wind farm advances

    The Mainebiz News Staff November 4, 2010

    A developer is moving ahead with plans to build a $25 million, five-turbine wind farm in Penobscot County, after voters nixed levying stricter regulations on wind facilities.

    The Mainebiz News Staff November 4, 2010
  • Group plans wind farm appeal

    Mainebiz News Staff November 1, 2010

    A nonprofit group opposed to a wind farm on Spruce Mountain intends to file an appeal of a permit issued for the project last month by the state Department of Environmental Protection.

    Mainebiz News Staff November 1, 2010
  • First Wind cancels IPO

    Mainebiz News Staff October 29, 2010

    First Wind, the state's largest wind farm developer, has canceled its plans to go public after failing to attract a high enough price from investors.

    Mainebiz News Staff October 29, 2010
  • MAM's earnings improve

    Mainebiz News Staff October 29, 2010

    Power utility Maine & Maritimes Corp., the parent company of Presque Isle's Maine Public Service, has released third-quarter earnings that show an uptick in revenues and lower losses over the same quarter in 2009.

    Mainebiz News Staff October 29, 2010
  • First Wind lowers stock price

    The Mainebiz News Staff October 28, 2010

    First Wind has dropped its proposed stock price in its initial public offering of 12 million shares expected to happen today.

    The Mainebiz News Staff October 28, 2010
  • First Wind IPO likely this week

    The Mainebiz News Staff October 25, 2010

    Massachusetts-based First Wind, the state's largest wind farm developer, is planning to go public by the end of the week.

    The Mainebiz News Staff October 25, 2010
  • Wave wrangler | Chris Sauer, president and CEO, Ocean Renewable Power Co., Portland

    October 18, 2010

    Chris Sauer is all about energy. His company, Ocean Renewable Power Co., is a leader in the field of tidal energy development, with a prototype turbine off the coast of Eastport that’s on the verge of linking to the electricity grid.

    October 18, 2010
  • CMP to pay $4M penalty for complaints

    The Mainebiz News Staff October 13, 2010

    In a settlement with the Maine Office of the Public Advocate, Central Maine Power Co. has agreed to pay a $4 million penalty in response to higher-than-usual customer complaints in 2009.

    The Mainebiz News Staff October 13, 2010
  • Engineering firm rides wave of ocean energy

    Whit Richardson October 12, 2010

    Maine Marine Composites, a naval architecture and engineering firm in Portland, is expanding as it turns its marine engineering expertise to the ocean energy industry.

    Whit Richardson October 12, 2010
  • UMaine tidal power research wins $1M grant

    The Mainebiz News Staff October 7, 2010

    The University of Maine's Tidal Power Initiative has won a $1 million grant from the U.S. Department of Energy to help determine the environmental impact protocols at Ocean Renewable Power Co.'s tidal turbine test site in Eastport.

    The Mainebiz News Staff October 7, 2010
  • Orono Public Library receives LEED certification

    The Mainebiz News Staff October 7, 2010

    The Orono Public Library, designed by Bangor firm WBRC Architects-Engineers, has earned a LEED gold certification from the U.S. Green Building Council.

    The Mainebiz News Staff October 7, 2010
  • PUC approves power utilities merger

    The Mainebiz News Staff September 29, 2010

    State regulators have approved the acquisition of northern Maine power utility Maine & Maritimes Corp. by Canadian operator Emera Inc.

    The Mainebiz News Staff September 29, 2010
  • Turbine manufacturing center wins grant

    The Mainebiz News Staff September 21, 2010

    Washington County has been awarded a $1.4 million federal grant to fund the establishment of a marine energy center.

    The Mainebiz News Staff September 21, 2010

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Today's Poll

Is your business affected by the government shutdown?
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Poll Description

Sponsored by Kennebunk Savings Bank

The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.

The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible. 

The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.

A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.

But there's growing anxiety over how a protracted shutdown would affect the economy.