DOE Offers Loan Guarantee to Support Maine Wind Project
March 9, 2011
DOE announced on March 3 its offer of a conditional commitment to Record Hill Wind LLC for a $102 million loan guarantee. The loan guarantee will support the Record Hill wind project, which includes a 50.6-megawatt (MW) wind power plant and an 8-mile transmission line near Roxbury, Maine. The project is expected to create 200 construction jobs in Maine and will avoid more than 70,000 tons of carbon pollution annually, an amount equivalent to the annual greenhouse gas emissions from more than 13,000 passenger vehicles.
The wind facility will consist of 22 2.3-MW turbines and new transmission lines to interconnect with Central Maine Power Company, the local utility. The turbines will be installed with innovative "turbine load control" technology, a system of sensors and processing software that allows the turbines to continue to generate electricity under turbulent conditions, rather than be shut down completely. DOE's Loan Programs Office has issued loan guarantees or offered conditional commitments for loan guarantees totaling nearly $18 billion to support 20 clean energy projects. See the DOE press release and the Loan Programs Office website.