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Ameresco-backed venture to build power project for military ocean facility in California

A joint venture including Framingham clean energy firm Ameresco has been awarded a contract to construct a backup power generation plant and underground transmission lines at a major military site in California. 

Take WBJ’s 2024 Economic Forecast survey

Worcester Business Journal has launched the annual survey of its readers for the end-of-year Economic Forecast special edition, in order to ascertain business leaders' outlooks on the Central Massachusetts economy in the coming year.

Ameresco reports $21.3M in Q3 earnings

Ameresco, reported $21.3 million in net income for the third quarter of 2023, falling below company expectations.

Unions see Healey as ally on clean energy jobs

The state's transition to renewable power does not have to threaten workers who rely on the fossil fuel industry for their livelihood, Gov. Maura Healey said Thursday, joining advocates at a labor-led event centered on bills designed to bring about a "just transition" to clean energy.
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Healey sees merit in possible Mass Save overhaul

Gov. Maura Healey thinks changes need to be made to the Mass Save program that conducts home energy assessments and offers rebates to help Bay State residents save money on energy bills.

National Grid granted $50M to aid in plan for clean power integration and improve energy equity

The U.S. Department of Energy awarded a $50 million grant to aid utility company National Grid’s $140 million initiative to modernize the electric grid.

Municipal officials say green power is wrapped in red tape

Municipalities want to create programs to provide cheaper, greener power for their residents, and are backing a bill to cut through regulatory red tape and would allow them to get approval more quickly and easily.

Drilling company buys Northborough property for $1.2M

Northborough drilling services company Terebro Leasing, LLC purchased an industrial property at 33 Talbot Road in Northborough for $1.2 million.
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Report recommends rooftops, parking lots for solar installations instead of in nature

More than half of the land covered by parking lots in Massachusetts could host solar panel canopies, and almost four times that much rooftop space is also viable, according to a new report that urges policymakers to balance solar expansion with conservation.

Natick green energy firm raises $380M to accelerate manufacturing

Natick-based Electric Hydrogen (EH2), a company manufacturing equipment to create hydrogen from water using renewable electricity, has raised $380 million in series C financing, which it will use to accelerate manufacturing to meet customer demand.
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