Energy

World Energy Solutions of Worcester, which last week announced it has agreed to be sold to a Boston firm, reported a 13-percent jump in revenue in the third quarter while cutting its net losses to near break-even.

Energy services firm World Energy Solutions of Worcester agreed last week to be acquired by EnerNOC Inc.,...

The Page One article in the Sept. 29 print edition of the WBJ on National Grid's “Smart...

Losses climbed and revenue plummeted for Devens-based AMSC as both its wind and grid segment struggled in...

The praises of continued growth in the clean energy sector could be heard from across the state...

Devens-based AMSC said Korea Electric Power Corp. (KEPCO) is testing a cable that uses AMSC's trademarked wire at a smart grid demonstration site on Jeju Island, a province of South Korea. The high-temperature superconductor cable uses AMSC's Amperium HTS wire. According to AMSC, such cables are “power dense and have zero resistance, making them an ideal solution to moving large amounts of power underground and with a minimal footprint.” They're also capable of conducting 150 times the amount of electricity that can be conducted by copper or aluminum devices of the same size, according to AMSC, and benefit from no electrical losses, making them a “perfect conductor” of electricity.

As part of a “long-planned” succession effort at National Grid, Tom King, president and executive director, will be leaving National Grid March 31, 2015, and will be replaced by Dean Seavers, a former GE and United Technologies executive, the company announced Thursday.

The ongoing growth of renewable energy in Massachusetts and the jobs and independence it creates were highlighted by the state's secretary of the Executive Office of Energy and Environmental Affairs at the eighth annual Massachusetts Energy Summit Tuesday morning.

Digital Federal Credit Union (DCU), and Sungage Financial, a Boston-based platform that provides homeowners with access to low-cost solar financing, have initiated a $100 million residential solar loan program, the companies announced Thursday.

Falling prices for oil and natural gas from abroad helped push down prices for U.S. imports last month, marking a third straight monthly drop for products coming from other countries, the labor Department said Friday.