Dive Brief:

• Massachusetts and Connecticut have signed contracts for power from new wind projects in Maine totaling 815 megawatts to help them meet their renewable energy goals.
• The projects were chosen because the price for power is competitive with natural gas-fired generation in New England, utility and state energy officials said. The projects are expected to be online in three years.

Dive Insight: 

The contracts are expected to trim rates now paid by customers in the two states, which have among the highest electricity rates in the 48 contiguous states.