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A U.S. Bankruptcy Court has ordered a trustee to take over operations of fuel company M.W. Sewall & Co.
The full scope and price tag of Central Maine Power Co.'s proposed $1.5 billion electricity transmission upgrade isn't necessary, according to the staff of the Maine Public Utilities Commission.
The Maine Department of Conservation has chosen four areas in state waters where developers may soon test offshore wind turbines.
Central Maine Power Co. is receiving nearly $100 million in federal stimulus money to install "smart meters" for its 600,000 customers.
The task force charged with determining the future of Biddeford's Maine Energy Recovery Co. trash incinerator has released a plan to relocate the facility's trash processing operation outside the city.
Officials of Fraser Papers are contemplating spinning off its specialty papermaking operation in Madawaska and Edmundston, N.B., into its own company as the Toronto-based corporation moves through creditor protection proceedings.
A company in Gorham is applying for a federal grant to help pay for a multi-million dollar demonstration project that would turn sawdust from Maine's paper mills into an inexpensive alternative to heating oil.
Well before a spike in oil prices threw the spotlight on wood pellets as an alternative source for heating homes, Matt Bell had already seen their promise and bet his money that demand for the renewable fuel would only grow.
Founded: November 2008Number of employees: NoneStartup costs: $30,000Projected revenue, year one: $225,000
A major electrical transmission upgrade in Maine is needed in order to keep the regional grid running reliably, according to a report from ISO New England.
A global oil company based in Portland has made its first acquisition in the U.S. oil market.
An energy company plans to build a wood pellet manufacturing facility in Houlton that could create up to 40 jobs.
Power from the Kibby Mountain wind power project that goes online today is expected to meet the electrical needs of 25,000 homes.
The University of Maine today was chosen as one of three universities to receive up to $8 million to fund its offshore wind test center, according to the U.S. Department of Energy.
Bangor Hydro-Electric Co. customers who had payments mistakenly deducted twice from their online bank accounts to pay for a single bill should see the mistake resolved today or tomorrow.
Former Maine Public Utilities Chairman Kurt Adams, now an executive vice president with First Wind energy company, touted the state's renewable energy policies, calling them among the best in the nation at a Portland energy symposium yesterday.
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.
The 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.
Learn MoreWork 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.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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