News

Maine solar development attracts $100M investment

Maine solar development attracts $100M investment

Photo: clipart.com


PORTLAND, Maine (AP) A Dublin-based solar-electric development company has partnered with a Maine firm to develop large-scale projects in eight communities.

BNRG Renewables and Dirigo Solar LLC in Portland are in the first phase of a plan that could bring 350 megawatts of generating capacity, or enough electricity to power approximately 78,000 homes, to Maine, the Portland Press Herald reported. The three-phase plan is scheduled to come online in 2024.

The first phase was sold to The Carlyle Group, a global investment firm.

Construction has begun on the projects located in Oxford, Fairfield, Milo and Augusta. The remaining projects will be located in Auburn, Palmyra, Winslow and Hancock.

The projects vary in size from 26 megawatts in Milo to 7.3 megawatts in Palmyra and Fairfield.

The first phase will generate enough energy to power roughly 22,440 homes and will create 1,000 construction jobs, according to BNRG estimates.

The second phase will cost an additional $100 million or so in private capitol and construction is planned to being next year, according to Bob Cleaves, a co-founder and principle investor in Dirigo.

If all three phases are completed as planned the BNRG-Dirigo solar portfolio will be the largest investment in renewable energy in state history.

Latest Headlines

7 hours ago in Local

Democratic senate candidate Graham Platner hires new manager to run campaign

Deputy Director of the Maine People’s Alliance Ben Chin has been hired to replace Platner's short-lived campaign director Kevin Brown.

1 day ago in Local

Parents Speak Out Against Trans Student on Basketball Team.

During a meeting of the St George Select board on Tuesday, the parents of a town on the mid-coast spoke out against a transgender student on the basketball team.

1 day ago in Local

Maine’s Amy Allen Earns Another Grammy Nomination for Songwriting

Maine’s Amy Allen is nominated for Songwriter of the Year at the Grammys—again! She won the award earlier this year and could take home another trophy in February.

1 day ago in Local

Sebago Woman Scammed by Contractor Gets Surprise Help from Local Businesses

After being scammed out of $5,000 for a driveway, a Sebago woman got an incredible surprise: local businesses stepped in to finish the job for free.

1 day ago in Local

Hundreds of Workers Temporarily Laid Off as Woodland Pulp Shuts Down

Hundreds of workers are facing temporary layoffs at Woodland Pulp in Baileyville. The mill has shut down until mid-December, citing market challenges. Maine officials are stepping in to help affected employees.