|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.
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 16, 2017 02:30 PM EST Reads: 1,527
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 16, 2017 02:15 PM EST Reads: 5,205
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Jan. 16, 2017 01:45 PM EST Reads: 3,579
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Jan. 16, 2017 01:35 PM EST Reads: 142
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Jan. 16, 2017 01:30 PM EST Reads: 3,292
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...
Jan. 16, 2017 01:00 PM EST Reads: 1,010
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Jan. 16, 2017 01:00 PM EST Reads: 3,611
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Jan. 16, 2017 12:45 PM EST Reads: 290
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, 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 opportunity. Submit your speaking proposal ...
Jan. 16, 2017 12:30 PM EST Reads: 4,990
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Jan. 16, 2017 12:30 PM EST Reads: 3,339
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
Jan. 16, 2017 12:30 PM EST Reads: 811
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jan. 16, 2017 12:30 PM EST Reads: 5,445
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
Jan. 16, 2017 12:00 PM EST Reads: 1,359
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
Jan. 16, 2017 12:00 PM EST Reads: 2,390
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Jan. 16, 2017 11:30 AM EST Reads: 4,121