PORTLAND PRESS HERALD • December 7, 2020
Defense contractor General Dynamics said Monday that it has entered into an agreement with Longroad Energy to purchase power for its Bath Iron Works shipyard from six pending solar projects in Maine. The company said BIW is the first major industrial user in Maine to enter into such a relationship, known as net-energy billing. It said the arrangement will help BIW retain its competitive position among shipyards in other states by partially offsetting the higher cost of energy in Maine. The company didn’t disclose how much power it plans to purchase or the related cost savings it anticipates.