Friday, December 18, 2009
Mingo Co. Wood-Fired Plant To Double Production
WEST VIRGINIA....
American Clean Energy, the developer of a wood-fired power plant in Mingo County, is expanding the project to more than double the amount of electricity generated. Thursday, President Tom Loehr told the state Economic Development Authority that contracts are being finalized with several wood producers in southern West Virginia. Loehr says, after three years, the plant will generate 60 megawatts and will use about 900,000 tons of wood waste a year, up from the originally proposed 28-megawatt plant using 400,000 tons of wood waste a year. The state Economic Development Authority approved a resolution in October to allow American Clean Energy to issue up to $100 million in tax-free bonds for the plant's construction. A vote on final approval is expected in January.
American Clean Energy, the developer of a wood-fired power plant in Mingo County, is expanding the project to more than double the amount of electricity generated. Thursday, President Tom Loehr told the state Economic Development Authority that contracts are being finalized with several wood producers in southern West Virginia. Loehr says, after three years, the plant will generate 60 megawatts and will use about 900,000 tons of wood waste a year, up from the originally proposed 28-megawatt plant using 400,000 tons of wood waste a year. The state Economic Development Authority approved a resolution in October to allow American Clean Energy to issue up to $100 million in tax-free bonds for the plant's construction. A vote on final approval is expected in January.
# posted by Homer Owens @ 8:58 AM 
