in News Departments > FYI
print the content item

The Berkshire Wind Power Cooperative Corp., a municipal cooperative of 14 Massachusetts municipal utilities and the Massachusetts Municipal Wholesale Electric Co. (MMWEC), has acquired the assets associated with a proposed 15 MW wind power project on Brodie Mountain in Massachusetts.

Assets acquired by the cooperative include the easements, permits, agreements, engineering documents, developed property and other items that enable the cooperative to build and operate the proposed Berkshire Wind Project in Hancock and Lanesborough, Mass. An access road and some excavation work have been completed at the project site, the company says.

"This transaction represents a major commitment on the part of municipal utilities to develop a clean and renewable energy resource that has multiple benefits for the utilities and the Commonwealth as a whole," says H. Bradford White, president of the co-op and manager of the West Boylston Municipal Light Department. "With these assets in hand, the co-op will proceed as expeditiously as possible with the work required to bring the project into operation."

The co-op says it paid $4 million for the project assets, formerly owned by Berkshire Wind Power LLC, which initiated project development approximately 10 years ago. The balance of loan proceeds will be used for a deposit on wind turbines and to finance other development activities.

SOURCE: Berkshire Wind Power Cooperative Corp.



Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008