Last month New World announced that its village power unit will develop a wind-diesel project in Alaska under an exclusive agreement with the local government of St George Island in Alaska. The initial size will be 300-400 kW and will increase to 2 MW as harbour and fish-processing facilities are completed. New World will own and operate the project, which replaces an existing municipal power plant and provide all electricity for the island through a power-purchase agreement with the municipal utility.
The company has also named a new executive vice president and chief financial officer, Anthony Baratta. He was most recently president and chief executive officer and director of Hyrda-Co Enterprises, which was until recently a wholly-owned subsidiary of Niagara Mohawk Power Corp.