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January 17, 2022

Hancock Wind Project, US

By Carmen

Hancock Wind Project is a 51MW onshore wind power project. It is located in Maine, the US. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in December 2016.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 51 51 Active Maine, the US SunEdison

Description

The project was developed by SunEdison and is currently owned by Novatus Energy with a stake of 100%.

The project cost is $92.859m.

The project has 116.5m high towers.

Development Status

The project is currently active. The project got commissioned in December 2016.

Power Purchase Agreement

City of Burlington Electric Department and Massachusetts Municipal Wholesale Electric are the power offtakers from the project.

Contractors Involved

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The company provided 17 units of V117-3.3 MW – IEC IIA turbines, each with 3MW nameplate capacity.

About SunEdison

SunEdison, Inc. (SunEdison) is a solar energy company that develops and sells photovoltaic energy solutions, and owns and operates clean power generation assets. The company also develops, manufactures and sells silicon wafer for the semiconductor industry. It also offers solar energy services to its clients that integrate the design, financing, installation, monitoring, operations and maintenance functions of the downstream solar market. SunEdison serves commercial customers including national retail chains and real estate property management firms; federal, state and municipal governments; utilities; and customers from the semiconductor industry. The company, together with its subsidiaries, manufacturing facilities and representative offices, operates in the US, Canada, Europe, Asia, Latin America, and Middle East and North Africa (MENA). SunEdison is headquartered in Maryland Heights, Missouri, the US.

The company and some of its domestic and international subsidiaries have filed for reorganization under chapter 11 of the U.S. Bankruptcy Code in April 2016.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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