Verso Paper Awarded Over $9 Million from Feds for Energy Efficiency Projects
The US Department of Energy (DOE) has announcement that Verso Paper Corporation will receive a $9,356,177 Recovery Act grant for the deployment of waste energy recovery technologies at mills in Jay and Bucksport Maine as well as in Sartell, Minnesota.
Verso's 12 waste energy recovery sub-projects will have an overall efficiency of 33% and could save an estimated 1.28 trillion Btu annually, according to the office of Maine's Congressman Mike Michaud.
“Many Maine companies have embraced energy efficiency technologies and practices because it is good for business,” Michaud said about the grant. “The projects announced today, including Verso’s, will not only improve energy efficiencies, but also lead to longer term savings for area businesses. Nationally, this is a competitive issue for the United States. Other countries are moving fast to adopt these practices and our country can’t afford to be behind the curve.”
The DOE is awarding more than $155 million in recovery funds for industrial energy efficiency projects across the country.
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