The United States Energy Department offered project developers Wagner Wind Energy and Independence Wind LLC a conditional commitment for a $102 million loan guarantee for a wind farm they are planning near Roxbury, Maine.
The project is anticipated to connect to new transmission lines to supply power to Central Maine Power Co., the neighborhood utility, the Energy Department said in a statement. The 50.6-megawatt Record Hill project, sponsored by the Yale University Endowment fund, will have 22 turbines with capability of 2.3 megawatts each, from Siemens AG (SIE), based on the statement.
“Record Hill introduces cutting-edge technologies to the U.S. that may increase domestic wind generation and assist us to reach President Obama’s goal of doubling clean energy generated in America by 2035,” Energy Secretary Steven Chu said in a statement.
The turbines come with system of sensors and processing software that permit them to continue to create electricity under turbulent conditions with reduced wear and tear. The Energy Department’s loan guarantee program has issued or offered conditional commitments totaling almost $18 bn to 20 clean energy projects, the agency said.