Worcester, Mass.-based Mass Megawatts Wind Power says it will license wind equipment to a consortium of investors interested in developing wind projects in Pennsylvania.
Under the terms of the agreement, the licensee, Electric City Wind Power Corp., will purchase 3 MW of Mass Megawatt's equipment, valued at $5.8 million for a series of wind projects to be sited in northeastern Pennsylvania. The projects will range from 500 kW to 1 MW in nameplate capacity.
‘The Scranton Wilkes-Barre corridor has a very unique combination of a large, localized demand for electricity sitting in close proximity to an abundant wind resource,’ said John Gianacopoulos, who heads the consortium, in a statement. ‘Many of our valley's windy ridgelines sit within a mile or so of huge consumers of electricity, be they businesses, schools, hospitals or government facilities.’
SOURCE: Mass Megawatts Wind Power