ELLSWORTH — A proposal for a large solar power project in Hancock County was approved last week by Maine state utilities officials.
The proposal, by Three Rivers Solar Power, LLC, a subsidiary of Boston-based company Swift Current, is free to move forward with further development after a Feb. 26 approval from the Maine Public Utilities Commission (PUC).
Described as a “ground-mounted solar photovoltaic project,” the solar farm will be located in Township 16, part of the unorganized territories of Hancock County.
It has an expected operational date of no later than Dec. 31, 2021, according to the PUC filing.
The filing directs Three Rivers Solar Power to begin developing a contract with Emera Maine. The 10-year term-sheet with Three Rivers Solar Power calls for a price of $35 per megawatt hour in the first year, with an annual increase of 2.5 percent afterward.
That translates to 3.5 cents per kilowatt hour in year one, going up to 4.37 cents per kilowatt hour after 10 years. With a total capacity of 100 megawatts, it will be the biggest solar farm in the state of Maine.