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Energy

AMSC Wins South Africa Wind Farm Contract

AMSC, a Devens-based wind and power grid company, will connect South Africa's largest wind farm to the electricity grid under a new contract with high-voltage construction company Consolidated Power Projects (CONCO), based in that country.

MassDevelopment Launches College Energy Pilot

Several Central Massachusetts colleges will be included in a $2-million energy efficiency pilot program, MassDevelopment announced.

NStar Proposes Cut In Natural Gas Price

NStar's natural gas customers will see a 26.5-percent drop in prices as the weather cools down, if the state approves a new supply rate proposed by the utility.

Briefing: AMSC’s Fortunes

Earlier this month, Devens-based wind and power grid company AMSC reported quarterly revenue that was better than...
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WPI Finishes Strong In Solar Homes Contest In China

An international team of universities, led by Worcester Polytechnic Institute (WPI), finished in first and fourth place in two juried categories for its solar home design, branded the Solatrium.

Ameresco Optimistic After Disappointing Q2

Ameresco's second-quarter revenue was below expectations, but President and CEO George P. Sakellaris is optimistic the company will fare better in the second half of the year.

World Energy Revenue Up 10%

World Energy Solutions of Worcester turned in its best revenue-producing second quarter, the energy management services firm said in its most recent financial report. But the company also reported a net loss of $1.65 million as it continued to work through a change in its revenue-recognition policy that defers some revenue to future quarters.

Sevcon Posts Q3 Decline In Revenue, Profits

Southborough-based Sevcon, which designs and manufactures microprocessor-based controls for zero emission electric and hybrid vehicles, said its third-quarter financial results met the company's expectations, with revenue coming in at $8.7 million.
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AMSC Marks Mixed Results For Q1

Devens-based wind and power grid company AMSC reported first-quarter fiscal 2014 revenues that were 13 percent better than the fourth quarter of last year, but down compared with the same period last year, as it continues to work to regain its footing more than two years after losing its largest customer.

EcoTarium Wins Grant For Grid Connection

The EcoTarium in Worcester announced it will use a $244,290 grant from the Massachusetts Cultural Facilities Fund (CFF) to connect to the electrical grid, reducing reliance on its aging power plant.
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