Posts tagged with
Stored Solar

Backers Of Maine Biomass Project Say They Are ‘Not Going Anywhere’

The husband and wife behind an ambitious vision of transforming Maine’s forest industry into a fuel- and food-based bioeconomy say they have spent more than $17 million of their own money to refurbish and diversify two ailing wood-fired power plants, are committed to completing the projects, and are working to settle unpaid bills and back […]

Maine Biomass Firm Settles With Loggers, Defers Subsidy Payments

Stored Solar, the biomass generator scheduled to receive state subsidies at its plants in West Enfield and Jonesboro over the next two years, has settled with loggers who claimed they were not being paid. The company also told state regulators it would like to rework its share of a two-year subsidy agreement to defer the […]

Maine Loggers Say Biomass Company Not Paying Bills

Loggers have cut off deliveries to a Maine biomass electricity generator because the company has stopped paying its bills, the head of an industry association said Tuesday. Dana Doran, executive director of the Professional Logging Contractors of Maine, said loggers who provide wood chips and other biomass fuel haven’t been paid by the company, Stored […]

Maine’s Biomass Bailout Will Mean Jobs, But At A Cost

To keep their share of a $13.4 million bailout over the next two years, two Maine biomass plant operators have promised to keep 87 people employed, according to agreement details disclosed for the first time this week. The bailout, which was sought by the logging industry after several paper mill and biomass plant closures, also […]

Maine $13 Million Biomass Bailout To Restart Biomass Plants

Maine regulators on Tuesday approved splitting $13.4 million in subsidies across four biomass facilities, including two shuttered by Covanta in Penobscot and Washington counties. The Maine Public Utilities Commission voted unanimously to accept bids from Stored Solar, a subsidiary of the French energy firm Capergy that bought the Covanta plants, and ReEnergy Holdings. Stored Solar […]

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