All Blog Posts Tagged 'First' (45)

ME law firm Preti Flaherty issues press release on SJC Bowers decision

http://www.jdsupra.com/legalnews/maine-court-interprets-wind-energy-law-87042/

Maine court interprets wind energy law

Maine's highest court has issued an opinion interpreting Maine's laws governing wind energy project development. The opinion is noteworthy for its analysis of two areas of Maine wind energy law -- those designed to expedite the…

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Added by Gary Campbell on December 5, 2015 at 8:59am — 1 Comment

SunEdison (SUNE) news: 'Renova, TerraForm cancel 2.2GW wind deal as SunEd fails to buy stake'

RECHARGE (subscription required for full article)

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Added by Barbara Durkin on December 1, 2015 at 12:59pm — No Comments

Monsanto founded MEMC in 1959 that aquired SunEdison in 2009 "a Tale of Two Companies"

Great article about SunEdison!

MEMC and SunEdison, a Tale of Two Companies

October 23, 2015
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Added by Barbara Durkin on October 25, 2015 at 10:02pm — No Comments

UPC First Wind bought by SunEdison business history is a great indicator of their SUNE future performance

UPC First Wind (bought by SunEdison) business history is a great indicator of their future performance. 

First Wind was formerly UPC founded by Brian Caffyn. 

Brian Caffyn

Mr. Caffyn has a strong personal interest in developing environmentally friendly renewable energy, which has resulted in a dedication…

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Added by Barbara Durkin on October 6, 2015 at 12:00pm — 3 Comments

First Wind projects in Maine moving ahead

The Oct 2nd list of LUPC permits granted is now available at:

http://www.maine.gov/tools/whatsnew/index.php?topic=lurcfiles&id=2824&v=tplfiles

Interesting to see that three permits have been granted to Green Mountain Wind LLC (sub of FW). They are for MET towers to be erected in Molunkus Twp, T3R4-WELS and T1R5-WELS.

Added by Gary Campbell on October 2, 2015 at 10:06am — 7 Comments

"Worse than ENRON"? FInancial Times compares Volkswagon clean cheat to accouting fraud by energy giant ENRON, hmmm...

Corporate wrongdoing by Volkswagon is by Financial Times compared to Enron.  Interesting to note government favor, hiding massive losses, have much to do with ENRON that launched commercial wind in the U.S.  How coincidental that former ENRON execs have reappeared the wind sector?

Business Insider (8 hrs ago)-

Volkswagen's scandal is 'worse than Enron,' and reports say the company was warned about 'cheat' devices

A clip--…

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Added by Barbara Durkin on September 28, 2015 at 11:00am — No Comments

"The rise and fall of SunEdison (NYSE:SUNE) is one of the stranger stories in renewable energy recently..."

SunEdison (SUNE) has plummeted 71.4% in 3 months attributable to its purchases of renewable companies.

 LOL., snippets from today's Motley Fool on SUNE...

"One of the reasons investors loved SunEdison so much is the company's incredible growth spree. In the past year, it bought First Wind, a $2 billion portfolio of wind projects from Invenergy,…

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Added by Barbara Durkin on September 28, 2015 at 10:30am — 13 Comments

Making up for losses with volume

Following the First Wind model, SunEdison is losing money hand over fist while taking on astronomical debt. Apparebntly they hope to make up for their unprofitability with volume. This paid off for FW because Paul Gaynor found the proverbial 'Greater Fool' in SunEdison. But will SunEdison ever find a greater fool to bail them out?  It's not likely.…

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Added by Gary Campbell on August 9, 2015 at 8:37am — 1 Comment

Investors beginning to ask SunEdison: "Where's the beef?"

The market is concerned about SunEdison/Terraform's acquisition spree. After spending some $5 billion on First Wind, Invenergy and others, are looking for results.

"Investors have become accustomed to SunEdison and TerraForm's frequent upgrades to guidance. While the latest acquisition was another step in the right direction, additional announcements related to acquisitions or guidance upgrades could lead towards even more muted response. That's because Shareholders want to see…

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Added by Gary Campbell on July 11, 2015 at 9:33am — 2 Comments

Why do we look to the wind industry for solutions to our energy needs when the cradle of industrial wind in the U.S. is ENRON?

Why do we look to the wind industry for solutions to our energy needs when the cradle of industrial wind in the U.S. is ENRON

The Director of First Wind is (was?) Patrick Wood III.  First Wind CEO Paul Gaynor is former MA Deval Patrick’s appointed Advisor to the MA energy secretary on green policy under the Global Warming Solutions Act.  Wood is also the Former FERC Chair who failed to address energy market manipulation that led to the CA Energy Crisis, and…

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Added by Barbara Durkin on February 23, 2015 at 10:25am — 3 Comments

George Smith's Hypocrisy is Showing

George Smith, outdoor writer and former Director of the Sportsman's Alliance of Maine (SAM), recently lost his father. My sincere condolences to the family.

On 10/31 he devoted his BDN column to remembering some of the great hunting trips he and his father shared. He closed with an insight that I think many of us share:



    "We didn’t have firearms that day,

     and didn’t kill anything,

     but that’s the smallest part of hunting..."



As I read that my…

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Added by Gary Campbell on November 2, 2014 at 9:00am — 5 Comments

UPC First Wind Predators on the Prowl

UPC FIRST WIND PREDATORS ON THE PROWL

As related in ‘Lloyds of London calls First Wind Management Incompetent’, First…

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Added by Barbara Durkin on January 12, 2014 at 10:36am — No Comments

The Great Wind Energy Bait and Switch

The Great Wind Energy Bait and Switch is a scenario that should have been avoided. 

Ratepayers have been assured by the industry that wind energy is a reliable energy

source that would reduce electricity costs, and these promises were parroted by our

policy makers. Only after spending billions of public dollars on wind, we are being

informed by the beneficiaries of our largess,…
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Added by Barbara Durkin on August 4, 2013 at 10:10am — No Comments

PPDLW: Bowers Project DENIED!!

This afternoon DEP released the draft of its decision on First Wind's Bowers Mountain Wind Project. The Department concluded that "The proposed activity would significantly compromise views from a SRSNS and would have an unreasonable adverse effect on the scenic character and existing uses related to scenic character of the resource."

The decision specifically states that even if the radar-activated lighting were to be retrofitted to the project, it would still have an unreasonable…

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Added by Gary Campbell on July 24, 2013 at 5:34pm — 2 Comments

J.P. Morgan alleged energy market manipulation and J.P. Morgan Team First Wind

This breaking BIG WIND news pertains to J.P. Morgan and Team First Wind

News item 1> 

Team J.P. Morgan First Wind with logo below;

News item 2> 

J.P.…
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Added by Barbara Durkin on July 18, 2013 at 1:11pm — No Comments

Fears over 'widespread' EU fraud involving the Mafia

This November 30, 2010 BBC Europe News source identifies Antonio Birrittella as a defected Mob boss who  is co-operating with the police and other Italian authorities.  Birrittella provides an insiders look at the Mafia's exploitation of wind energy. 

Full article-http://www.bbc.co.uk/news/world-europe-11848048

Fears over 'widespread' EU fraud involving the Mafia…

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Added by Barbara Durkin on July 6, 2013 at 1:48pm — 3 Comments

Will Snowe and Collins to Stand by their No Votes on Industry Subsidies in the Tax Bill?

On December 4th, Senators Snowe and Collins voted against an amendment to the Federal Tax Relief bill that would have given away billions of dollars in Public subsidies to industrial wind development corporations.



That amendment was brought forth by Senator Max Baucus of Montana, as part of the Federal Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. The Senator has vowed to see the multibillion dollar 1603 cash grant program extended for so-called…

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Added by hillary on December 14, 2010 at 10:00pm — No Comments

First Wind Says Brighton Needs to Change It's Land Use Laws

Last night i got to see the Bernstein Shur/Verill Dana shills try and sell Brighton on buying into their plans for 40-50 turbines along the ridge from Bingham, through Brighton, Mayfield, and Kingsbury.

The company apparently doesn't feel comfortable with the land use laws in Brighton, which modeled its land use regulations on old LURC standards when Brighton left LURC and incorporated as a town in the 90's i think it was. Atty Juliet Brown encouraged the town to change its definition of… Continue

Added by hillary on October 26, 2010 at 1:34pm — 4 Comments

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Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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We have the facts on our side. We have the truth on our side. All we need now is YOU.

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 -- Mahatma Gandhi

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Vince Lombardi 

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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