Portsmouth Wind Turbine Announcement August 26
Posted in the Portsmouth Forum
#1 Aug 5, 2013
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More bids in for broken Portsmouth wind turbine
If the latest proposals aren't acceptable, the fate of the turbine may lead to the the scrap yard. "Sell it as is and pay off the debt with tax revenue. The town would likely have "egg on our face" for losing money and tarnishing wind-energy development, Crosby said. The project, however, was economically sound, he said, as the now-bankrupt manufacturer, AAER Wind Energy, deserves most of the blame.
August 5, 2013 by Tim Faulkner in ecoRI News
PORTSMOUTH - The Town Council will have at least two options at its Aug. 26 meeting to consider for addressing the broken wind turbine at the high school.
One option involves paying some $500,000 to remove and repair the turbine's faulty gearbox, plus an annual fee of about $38,000 to a company to operate and manage the turbine. Once the turbine is running, the town would receive all revenue from the sale of electricity. The contract would last about five years.
The other proposal involves replacing the entire upper portion of the 336-foot-high turbine with a new nacelle and blades. The nacelle...[continue via Web link]
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