in News Departments > Projects & Contracts
print the content item

Scranton, Pa.-based Electric City Wind Power Corp., a licensee of Worcester, Mass.-based Mass Megawatts Wind Power Inc., has signed a letter of understanding for power plant purchases valued at $5.8 million with John Gianacopoulos, principal of a leading architectural firm who heads a consortium of wind power investors from the Scranton area.

Under the terms of the agreement, Gianacopoulos and his investors plan to purchase a total of 3 MW of Mass Megawatt's multi-axis turbosystem equipment, which is anticipated to be installed as a series of wind power projects to be sited in northeastern Pennsylvania. The planned projects are expected to range in size from 500 kW to 1 MW in nameplate capacity.

"The Scranton Wilkes-Barre corridor has a very unique combination of a large, localized demand for electricity sitting in close proximity to an abundant wind resource," says Gianacopoulos. "Many of our Valley's windy ridgelines sit within a mile or so of huge consumers of electricity - be they businesses, schools, hospitals or government facilities."

Mass Megawatts is expected to complete the installation of the first commercialized version of the company's new wind turbine model in Hunter, N.Y., this month.

SOURCE: Mass Megawatts Wind Power Inc.


Advertisement

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015