American Clean Energy announced plans to build a $150 million wood-fired power plant in Harless Wood Products Industrial Park in Holden, Mingo County. Construction on the 8-megawatt plant is expected to get under way in July 2010 and to generate electricity by the summer of 2011. The company anticipates hiring 50 workers during construction and 40 employees when the plant becomes operational. The West Virginia Economic Development Authority approved a resolution that will allow American Clean Energy to issue up to $100 million in tax-free bonds to construct the facility.
