|By Business Wire||
|January 24, 2014 04:00 PM EST||
Please replace the release dated January 23, 2014 with the following corrected version due to multiple revisions.
The corrected release reads:
FIRST WIND MARKS FIVE-YEAR ANNIVERSARY OF ITS STETSON WIND PROJECT
Since achieving commercial operations five years ago, the successful Maine project has expanded while generating enough energy to power 21,400 Maine homes
First Wind, an independent U.S.-based renewable energy company, today celebrated the fifth anniversary of successful commercial operations of its 57 megawatt (MW) Stetson I Wind project. Since it began commercial operations on January 23, 2009, the first phase of the Stetson Wind project has produced enough energy to power an average of 21,400 Maine homes annually over the last five years.
“As our largest operating wind project in Maine and New England, the Stetson Wind project has been very successful and an important part of our generation fleet. Since Stetson I went online in 2009, we have successfully expanded it and built three more projects in the state with several other projects in development,” said Paul Gaynor, CEO of First Wind. “We are proud of our track record in Maine and consider the communities where we operate as key partners. Over the last five years, the Stetson Wind project has generated a significant amount of clean energy that has benefited ratepayers throughout New England while reducing the region’s dependence on fossil fuels and furthering local economic development.”
After a successful expansion in 2010, the Stetson Wind project today has a combined generating capacity of 83 MW and remains one of the largest operational utility-scale wind farms in New England. Located in Maine’s Washington County, the two phases of the Stetson Wind project provide significant local revenue, including a total of $4 million in tax payments that will continue to be made to the surrounding communities for the next 20 years.
Below is a summary of some of the notable milestones achieved during the five years of successful commercial operations of the Stetson Wind project:
- The renewable power generated has been supplying clean, renewable electricity to approximately 21,400 Maine homes in each year since the first phase of the project went online.
- In March 2010, First Wind completed a second phase of the project, expanding the project capacity by 26 MW from 17 turbines positioned on the neighboring Jimmy and Owl Mountains. When Stetson II is combined with the first phase of the project, the Stetson Wind project has a generating capacity of 83 MW. Combined, the two projects power more than 30,400 homes.
- At Stetson I, based on data recently published by the U.S. EPA’s Emissions and Generation Resource Integrated Database (E-GRID), generating an equivalent amount of electric energy from a traditional fossil fuel burning facility would have required about 1.28 million barrels of oil or 369,000 tons of coal over the five year period, yet has none of the associated toxicity, health, or cost issues.
- Traditional Maine fossil fuel generation sources producing an equivalent annual amount of electric energy as Stetson I would emit annual greenhouse gases (GHG) consisting of about 52,300 tons of carbon dioxide (CO2).
Economic and Community Benefits
The two phases of the Stetson Wind project provide significant local
revenue including a total of $4 million in tax payments to the
surrounding communities over the next 20 years.
- The property tax revenues fund county infrastructure, conservation and economic development projects.
- Payments from the project’s tax agreement have helped fund economic development projects such as marketing efforts for a seafood pie company, installing high speed internet service in Big Lake Township, helping fund the restoration of a campground on the Machias River in Township 25, and assisting the transition of commercial blueberry land to organic management and production in Trescott.
- First Wind has worked with the Forest Society of Maine to establish the $100,000 Stetson Mountain Fund. The Fund provides recreational opportunities in the Baskahegan Stream watershed.
- The Stetson Wind project sponsors and offers the community several local events and programs including an annual snowmobile rally, the East Grand Adventure Race that traverses the Stetson ridge, and annual scholarships for college-bound high school seniors from the surrounding area.
In addition to the 83 MW Stetson Wind I and II projects, First Wind has three other operational wind projects in Maine including the 42 MW Mars Hill Wind project in Aroostook County, the 60 MW Rollins Wind project in Penobscot County, and the 34 MW Bull Hill Wind project in Hancock County. These five facilities have the capacity to generate 219 MW, enough to supply clean power for the equivalent of more than 95,000 households.
First Wind has invested $600 million in wind projects in Maine. Looking at future investments in the coming years, First Wind has long-term power purchase agreements (PPAs) secured for four additional wind projects in development including the 51 MW Hancock Wind project in Hancock County, the 148 MW Oakfield Wind project in Aroostook County, the 48 MW Bowers Wind project in Penobscot and Washington Counties, and the 186 MW Bingham Wind project in Somerset County.
About First Wind
First Wind develops, finances, builds and operates utility-scale renewable energy projects throughout the United States. Based in Boston, First Wind currently operates wind power facilities in the Northeast, the West and Hawaii, with combined capacity of more than 1,000 megawatts (MW) – enough to power about 300,000 U.S. homes each year. For more information on First Wind, please visit www.firstwind.com or follow us on Twitter @FirstWind.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Aug. 29, 2016 01:45 AM EDT Reads: 2,158
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Aug. 29, 2016 01:15 AM EDT Reads: 2,992
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
Aug. 29, 2016 01:00 AM EDT Reads: 2,201
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 29, 2016 12:00 AM EDT Reads: 1,866
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Aug. 28, 2016 11:15 PM EDT Reads: 2,129
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Aug. 28, 2016 10:30 PM EDT Reads: 4,044
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Aug. 28, 2016 08:30 PM EDT Reads: 1,831
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Aug. 28, 2016 08:15 PM EDT Reads: 1,947
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 28, 2016 07:30 PM EDT Reads: 706
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Aug. 28, 2016 06:30 PM EDT Reads: 1,618
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Aug. 28, 2016 06:00 PM EDT Reads: 1,938
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Aug. 28, 2016 05:30 PM EDT Reads: 778
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Aug. 28, 2016 03:15 PM EDT Reads: 3,511
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 28, 2016 03:00 PM EDT Reads: 756
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Aug. 28, 2016 01:45 PM EDT Reads: 3,674