NRG Energy, the company running this massive plant, has requested an additional $539 million in the form of a federal grant to help pay down the $1.6 billion federal loan just to stay afloat, and the plant has been open for less than three years.

http://www.themainewire.com/2016/03/1-6-billion-eyesore/

The additional twist in SunEdison’s straitened circumstances is that the chief executive of TerraForm, the firm casting doubt on SunEdison’s ability to survive, is the chief financial officer of SunEdison. On the one hand, he is uniquely qualified to pass judgment. On the other hand, he may have some explaining to do himself."

More of the type of reporting we have come to expect that misleads the public on wind, including the old standby wind industry propaganda line -- 'the "wind farm" generates enough power for 50,000 homes' -- when in fact this is totally untrue. By now, wouldn't you think the media would know not to keep delivering such misleading information to their audiences?

Maybe a story would be in order on the collapse of the media's longtime pet company First Wind, now SunEdison and how…

Going, Going!!!.................................

https://beta.finance.yahoo.com/news/wall-streets-nightmare-stock-got-150100803.html

This delay also put SunEdison’s yieldco TerraForm Power (TERP - …

Will the Yieldcos ,(derivitives), which hold many Maine wind  projects die with it?

Watch yieldcos TERP (Terraform power) and Terraform Global (GLBL.O)

A volcano in Alaska erupted this weekend causing a plume of ash and gas up to 20,000 feet in the air.  It is interesting that it has done this almost 40 times in the last two years.  The amount of ash and gas spewed has to be far more than we can save with 200 or 300 turbines here in Maine.  Ironic, HUH?…

California, which is far more advanced than we are here in the backwoods of Maine, is trying to find a way to keep their grid from crashing as they fund more and more Wind and Solar facilities.  Their experts relate that it will cost BILLIONS to make the grid stable enough for renewable power and that cost will be handed over to the ratepayers.  That folks is you and me.  More traditional power generators don't need the massive upgrades, as their power is stable and constant.  In most cases…

Giving up home rule

means tax cut for some Maine towns…

Following the Pine Tree Watchdog's exposure of Diane Russell's personal use of her leadership PAC funds, The Ellsworth American call for a halt of leadership PACs! If only Naomi Schalit could be cloned and could investigate every leadership PAC!

http://www.ellsworthamerican.com/opinions/editorials/end-leadership-pacs

Solar Panels are a Waste of Taxpayer and Ratepayer Money for the Environmental Benefits Achieved.

Solar proponents (https://solarpowerrocks.com/vermont/) advertise a 9.9% annual rate of return over the life of a 5 kw solar project, which costs about $20,000. Investors can claim a first year tax credit of 30%, or $6000. The electric utility is required to credit 5.4…

Maine has plenty of hydro and biomass resources to comply with our own state renewable portfolio requirements for now and the foreseeable future. Maine has a problem with an onslaught of the variable resource wind plants replacing base load outputs. Removing the 100 megawatt limit on hydro resources would be meaningless to this wind onslaught as long as Southern New England continues to make large hydro ineligible for their renewable standards.  Their current…

In response to a question from Selectman Hart Daley from Dixfield, LePage says he will support a moratorium  on wind projects!  Monique! Gather the troops!

http://news.mpbn.net/post/lepage-s-latest-town-hall-concerns-aired-over-wind-power#stream/0

TransCanada Corp. is working with JPMorgan Chase & Co. to find buyers for more than $7 billion in assets .....

Kibby wind power operation in Maine and Ocean State Power gas generation facilities in Rhode Island.......could attract interest from private equity investors such as Blackstone Group LP, D.E. Shaw & Co.…