Energy

The proposed Keystone XL pipeline may not be running through the Northeast, but we have a similar...

The planned $76 million acquisition of Worcester-based World Energy Solutions by EnerNOC of Boston has passed its final milestone and is set to close next week.

Three building trades groups representing 84,000 workers in Massachusetts, Maine and New Hampshire released a statement Monday endorsing Kinder Morgan's proposed Northeast Energy Direct underground natural gas pipeline project.

The energy sector has a lot of moving parts, and like the grid, they're all interconnected. With new government policies driving a push to clean energy adoption, suppliers of fossil fuel-based energy face their share of challenges in the year ahead. Meanwhile, transitioning to a system based on renewable energy remains an arduous process in a world still powered largely by fossil fuels. This translates into higher energy costs for consumers and businesses, but is there light at the end of the tunnel?

Worcester Polytechnic Institute has been awarded $1.1 million in federal grants to help revitalize the nuclear power industry, the school announced Monday.

Gasoline prices in Massachusetts continue to drop, having fallen 10 cents since last week, according to AAA Southern New England.

National Grid will more than triple its solar-power generation capabilities in Massachusetts with an additional 16 megawatts of energy at 19 sites to be built in the next year, the utility announced Monday.

Southborough-based Sevcon posted an operating loss of $94,000 in its fiscal fourth quarter, thanks to one-time expenses. But the maker of microprocessor-based controls for electric and hybrid vehicles reported quarterly and yearly revenue gains of 13 and 18 percent, respectively, on Tuesday afternoon. Revenue for the fourth quarter, which ended Sept. 30, totaled $10 million, up from $8.9 million a year earlier, while revenue for the year rose to $37.9 million from $32.2 million.

An environmental advocacy group, backed by hundreds of local officials throughout Massachusetts, is urging Governor-elect Charlie Baker to support the continued growth of solar energy.

More than 100 businesses have signed on to the Massachusetts Manufacturing Energy Collaborative (MassMEC) to reduce energy costs by joining in on bulk purchases of power and natural gas, the Milton-based group announced Tuesday.