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Energy & Utilities

  • $50M wind project gets initial OK from state

    May 15, 2014

    Construction on an eight-turbine, nearly $50 million wind project on Canton Mountain could begin later this year after it received draft approval by the state Department of Environmental Protection.

    May 15, 2014

  • Wind project's costs may have led to grant loss

    May 14, 2014

    The University of Maine’s Aqua Ventus 1 offshore wind project lost its bid for a key $47 million federal grant because federal officials weren’t convinced it would cost less than other projects.

    May 14, 2014

  • FairPoint loses $32.2M in first quarter

    May 13, 2014

    FairPoint Communications, a major telecommunications provider and employer in Maine, posted a $32.2 million net loss for its first quarter in 2014 from last year.

    May 13, 2014

  • Heating oil, kerosene prices down

    May 7, 2014

    The average statewide price for heating oil this week is $3.58 per gallon, down 2 cents from last week but up by 14 cents from this time last year, according to the Governor's Energy Office.

    May 7, 2014

  • UMaine still committed to offshore wind project

    James McCarthy May 6, 2014

    The University of Maine and its partners remain committed to the Aqua Ventus 1 offshore wind project, despite coming up short Wednesday in the second round of U.S.

    James McCarthy May 6, 2014

  • Island utility co. gets $600K loan

    May 6, 2014

    Fox Islands Electric Cooperative, which covers the islands of North Haven and Vinalhaven, has received a $600,000 federal loan for electrical improvements and smart grid projects.

    May 6, 2014

  • Public advocate changes stance on wind deal

    May 6, 2014

    The Maine Public Advocate’s Office has reversed its objection to a multimillion-dollar deal between First Wind and Emera Maine for wind turbines across the state.

    May 6, 2014

  • Construction of 66-mile natural gas pipeline begins

    May 2, 2014

    Summit Natural Gas of Maine has started construction of its 66-mile natural gas pipeline for the towns of Falmouth, Cumberland and Yarmouth.

    May 2, 2014

  • Denial likely for mountain wind project

    May 2, 2014

    A denial is likely for First Wind’s $100 million, 16-turbine wind project on Bowers Mountain.

    May 2, 2014

  • First Wind gets $369M for wind project

    May 1, 2014

    First Wind has obtained $369 million in financing for its 148-megawatt Oakfield Wind project, according to a

    May 1, 2014

  • State officials: Deny mountain wind project

    April 30, 2014

    State officials are recommending the Board of Environmental Protection to deny a proposal to build a $100 million, 16-turbine wind energy facility on a Penobscot County mountain.

    April 30, 2014

  • Towns sue PERC over lobbying efforts

    April 30, 2014

    A group of over 180 towns that contract with Orrington-based Penobscot Energy Recovery Co. for solid waste disposal is suing its Minnesota-based parent company.

    April 30, 2014

  • Wildlife group sues for tar sands files

    April 25, 2014

    The National Wildlife Federation has filed a federal lawsuit seeking files related to the proposed reversal of a pipeline to send so-called tar sands crude oil from Canada to South Portland.

    April 25, 2014

  • Solar development bill becomes law

    Dylan Martin April 25, 2014

    Coastal Enterprises Inc., one of Maine’s leading nonprofit financial firms, said a solar energy development bill passed into law on Thursday will help boost the state’s business growth.

    Dylan Martin April 25, 2014

  • Cate Street seeks to close financing gap for mill

    April 24, 2014

    Cate Street Capital, the investment firm that plans to build a $140 million wood pellet mill in Millinocket, will seek to plug a $9 million financing gap for the project after receiving a smaller-than-anticipated bond from the Finance Author

    April 24, 2014

  • LePage vetoes bill to up scrutiny of FairPoint fee hike

    April 24, 2014

    Gov.

    April 24, 2014

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Today's Poll

Does cruise ship season help your business?
Poll Description

Sponsored by Kennebunk Savings Bank

Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.

This week alone, Portland is set to welcome around 16,000 cruise ship passengers.

But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.

When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.

More than half of the respondents, 53%, said cruise ships benefit the overall economy.

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