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Energy

Agreement Will Bring Low-Cost Wind To Central Mass.

Boston-based First Wind announced a 25-year agreement to provide wind-generated power, at cost, to 17 Massachusetts towns, including eight in Central Massachusetts.

Sevcon Ends Year With Loss; Quarterly Revenue Up

Sevcon of Southborough reported a 10.6-percent increase in revenue for its fourth fiscal quarter, but ended its fiscal year in the red, reporting a net loss of nearly $1.1 million, citing fluctuating demand in most markets for its microprocessor-based controls for electric and hybrid vehicles.

WSJ: BJ’s Owners Weigh Bid For Hess Stations

The owners of BJ's Wholesale Club are interesting in buying Hess Corp. gas stations, the Wall Street Journal reported Tuesday, citing sources familiar with the potential deal.

Ameresco Wins $17M Hawaii Contract

Framingham-based Ameresco was awarded a $17.4 million contract by the state of Hawaii to install solar powers and undertake energy efficiency improvements at 33 government buildings.
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Ameresco Close to Landing Army Solar Deal

Framingham-based Ameresco received a notice of intent Friday for a contract to build an 18.6 megawatt solar plant for the U.S. Army in Maryland.

Q&A With Mark Durrenberger Of New England Clean Energy

As an engineer, Mark Durrenberger has plied his craft in the nuclear energy and information technology fields. When he formed New England Breeze Solar — later renaming it New England Clean Energy — he engineered the formation of a new business in a relatively new industry: solar installation. His efforts in growing the business earned him Business Leader of the Year honors (for small businesses and entrepreneurs) in 2012 from the Worcester Business Journal.

AMSC Increases Borrowing Capacity

American Superconductor Corp. (AMSC), a Devens-based wind and power grid company, announced it has increased its borrowing capacity through an amendment to its existing loan and a stock sales agreement.

Clean Energy At Heart Of Mass. Economic Strategy

The Massachusetts clean energy sector is booming. It grew jobs by 11.8 percent this past year, the...
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World Energy Revenue Up 15%

World Energy Solutions of Worcester increased its quarterly revenue 15 percent to more than $8.7 million, and, although it lost nearly $600,000, expects improving operating margins, the company said today.

Profits, Revenue Fall Steeply for Ameresco

Profits and revenue for Framingham-based Ameresco came in well below expectations in the third quarter.
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