Ahead of a do-it-yourself natural gas pipeline hearing Thursday, Senate President Stanley Rosenberg criticized what he said was a lack of public discussion and preparedness for New England's changing energy demands.
A series of strong sales from energy company AMSC in the last few months seem like good signals from the Devens-based company, but analysts are still looking for more as the organization continues to work toward profitability.
AMSC has been burning through cash since 2010, when its trade secrets were allegedly stolen by its largest customer, Sinovel Wind Group of China, which also refused to honor a $158.5 million contract. Since that time, AMSC has been embroiled in a $450 million lawsuit in China while trying to secure more wind customers and expand into other energy markets.
Power grid and wind energy equipment manufacturer AMSC said Monday it has received a $40 million order from Inox Wind Limited for wind turbine electrical control systems (ECS).
Describing New England as a region "looking for megawatts and a lot of them," Gov. Charlie Baker on Monday expressed confidence during a conference in Canada about being able to overcome environmental concerns to bring hydroelectricity into the region.
Massachusetts has long been one of the strongest supporters of solar development, offering various incentives to encourage families and businesses to put up solar panels. Now, though, some are asking whether the solar industry has come so far that it no longer needs nudging from the government.
As Gov. Charlie Baker prepares to travel to Canada next week to meet with his fellow New England governors, a new report commissioned by business groups suggests that the region will face substantially higher energy costs and lose 52,000 private sector jobs in the next five years if it fails to expand its natural gas and electricity infrastructure.
The secret is out that Massachusetts is among the most solar-friendly states, with incentives that were rolled out seven years ago under the Green Communities Act. That's why it's no surprise to Ken Driscoll, CEO of Hopkinton-based Solect Energy, that out-of-state companies are moving in for a piece of the market.
While Driscoll feels confident that his business, which serves commercial, nonprofit and government users, is established enough to fend off competitors, he and his partners are looking outside the Bay State just as others are moving in.