Energy

The U.S. economy rebounded in the third quarter, growing at a 2.6% annual rate after contracting in the second quarter.

With signs proclaiming "Save Our Forests" and "Be Wise," activists from across the state convened outside the State House on Thursday afternoon before making their way to Gov. Charlie Baker's office to deliver a petition calling for a moratorium on state financing for large industrial solar projects.

Ascend Elements has secured $300 million in equity and debt financing, including $200 million in Series C equity investments. 

Utility company National Grid has dispersed $1 million in grants to Massachusetts nonprofits as part of its winter bill relief program for residential customers. The United Way of Central Massachusetts received $405,000 in utility assistance to hand out. 

Geothermal heating company Dandelion Energy opened its new Massachusetts base of operations on Tuesday in Marlborough.

The average price of a gallon of gasoline in Massachusetts has fallen 2 cents, down from last week’s $3.60, according to travel association AAA Northeast.

Westborough electric vehicle battery recycling firm Ascend Elements has received $480 million in matching funds grant money to support the construction of the company’s new $1-billion facility in Kentucky.

Westborough-based battery recycling company Ascend Elements reached an agreement with the South Korean battery company EcoPro Group to purchase recycled battery materials for EcoPro’s products.

The owner of 12 convenience stores and gas stations in Connecticut plans to build a $17.5-million electric vehicle discovery center and travel stop.

The Department of Public Utilities last week approved utility company investments totaling more than $470 million to modernize the electric distribution system in an attempt to improve reliability and accommodate what is expected to be a growing reliance on clean energy.