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Forest products

Stored Solar pays off some of its debt to logging firms

Stored Solar has paid about one-third of its estimated debts to area logging firms, with about $400,000 estimated to be outstanding, according to a report in The Quoddy Tides.

Future remains uncertain for Katahdin Woods and Waters

STAFF |

Interior Secretary Ryan Zinke's call for "active timber management" within Katahdin Woods and Waters National Monument is the sticking point for its supporters, who otherwise were relieved he wasn't...

Stored Solar seeks 'co-hosts' on its Jonesboro site

Stored Solar LLC is seeking other businesses, or "co-hosts," to locate on its 140‑acre property at its Jonesboro biomass energy plant.

Arrest made in arson fire at former Lincoln mill, DEP worried about contaminants

Environmental investigators plan to tour the former Lincoln Paper and Tissue Mill today in preparation for testing on Saturday to determine possible health threats from smoldering rubble around two...

Maine Development Foundation honors 'champions of economic development'

STAFF |

The Maine Development Foundation presented its 2017 “champion of economic development” awards at its annual meeting in Bangor. It also presented University of Maine President Susan J.

Grant to help business owners impacted by mill layoffs and closings in Jay and Madison

STAFF |

Business owners affected by mill layoffs and closings in Jay and Madison will get help from the Maine Small Business Development Centers through a grant program designed for economically distressed...

Jackson plans to appeal panel’s rejection of 'Hire American' tax credit

STAFF |

Senate Democratic Leader Troy Jackson of Allagash is hosting a logging discussion in Aroostook County today that will be attended by Gov. Paul LePage. Among the topics is what Jackson characterizes...

ReEnergy issues RFP with enticement of cheaper electricity rates

James McCarthy |

ReEnergy Holdings LLC is partnering with Biobased Maine to request proposals from companies to co-locate at one or more of ReEnergy's four biomass-to-electricity facilities in Maine.

Solifor buys Somerset County timberlands

Solifor of Quebec City has purchased the 62,000-acre Ste-Aurelie Timberlands in Somerset County for $30 million.

Potential investor withdraws $5M loan offer to biomass company

Boston-based Arctaris Royalty Ventures Co-Investment LP withdrew its offer to to loan $5 million to Stored Solar LLC, owner of biomass power plants in West Enfield and Jonesboro. Most of the proposed...

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