The tax-incentive legislation aims to improve energy efficiency and resiliency.
energy
Posted inBusiness, News
Interactive: Wind power’s growth in Maine, 2007-2016
In the years since the state’s first wind farm opened on Mars Hill, wind power has grown considerably as a source of electricity in Maine.
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Posted inThe Startup Line
Orono energy startup raises $1.5M
Pelletco, a renewable energy startup in Orono, has received an investment of $1.5 million from a venture capital firm in Connecticut, according to CEO James Knight. The investment comes from CleanFeet Investors and brings Pelletco’s total outside investment to $3 million. “CleanFeet is one of the pre-eminent clean energy investment funds in the Northeast and this financial partnership will allow us to […]
Posted inThe Startup Line
Two Maine startups vying for $250K in Silicon Valley’s Cleantech Open
Two Maine startups have been selected to vie for $250,000 as part of the Cleantech Open, a national competition designed to spur innovation in the clean energy and technology sectors. The Silicon Valley-based accelerator program has selected Introspective Systems, based on Peaks Island, and Parent Technology Group of Windham as semifinalists in its Northeast region. They join 36 other […]
Posted inNews
New England, Canada vow energy cooperation
A conference in Vermont focuses on efforts to improve the production and use of clean energy.
Posted inNews
New energy chief is named
AUGUSTA — A consultant, former pulp and paper executive, and state lawmaker has been tapped to lead the Maine Office of Energy Independence and Security. Gov. Paul LePage announced yesterday that Kenneth Fletcher will lead the office, which aims to increase the use of sustainable indigenous and renewable resources while reducing greenhouse gas emissions. LePage […]
Posted inBusiness
Energy conservation industrymay be losing steam in Maine
Growing demand for home insulation projects last year led Hallowell-based Sustainable Structures to add nine workers, more than doubling its work force. The building and energy services firm needs three more installers, said Curry Caputo, but it has stopped hiring.
A partner at the company, Caputo knows the federal stimulus money that helped homeowners pay for weatherization is almost all spent. Sizing up Maine’s new state government, he doesn’t expect the level of support for energy conservation that was a hallmark of the Baldacci years.
“We are all a little concerned about the future of efficiency funding in Maine,” said Caputo, president of the Maine Association of Building Efficiency Professionals. “It’s all having a cooling effect on our industry and the momentum we’ve gained.”