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 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.
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.
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.
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.
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.
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.