Energy

Wind energy equipment manufacturer AMSC of Devens saw a strong 36-percent revenue growth to close out its most recent fiscal year while substantially cutting its quarterly losses, the company reported Thursday.

The average wholesale price of electricity in New England in April was the third lowest for any single month in 12 years, thanks to mild weather, low prices for natural gas and record-low power demand, according to ISO-New England, which oversees the region's power grid.

Town officials in Framingham didn't have to look far to select a company to help make municipal buildings more energy efficient.

Even as electricity prices climbed in New England last year, the state's wholesale power markets operated competitively, with prices reflecting the cost of production, ISO New England said Wednesday.

Solar energy industry officials and advocates on Tuesday called for the lifting of the cap on solar production, which they say is impeding projects, causing delays in hiring and leading some companies to consider leaving the Bay State's market for other states.

Framingham-based Ameresco Inc. reported a 15-percent gain in revenues in the first quarter of 2015, compared with a year earlier.

In front of a room full of solar industry officials, Massachusetts Secretary of the Office of Energy and Environmental Affairs Matthew Beaton said Thursday that the state cannot “kick the can” down the road by simply raising the amount of solar that utility companies are required to incorporate into the electrical grid, but must come up with long-term solutions that take into account the ratepayers as well.

AMSC, the Devens-based manufacturer of wind and power grid technology, has received orders for $9 million in power grid-related productss in the U.S. and internationally, the company announced Tuesday.

Conservation Services Group (CSG), the Westborough-based nonprofit provider of energy efficiency services, has been sold to a Texas company after 31 years of operation, the firms announced Thursday.

New England's power grid is ready to meet peak summer electricity demand, according to ISO New England, the operator of the region's bulk power system and wholesale electricity markets.