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Westborough EV battery recycling firm raises $300M

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

National Grid grants $405K for Central Mass. energy relief

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. 

Dandelion Energy opens new facility in Marlborough

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

Mass. gasoline prices drop to $3.58 per gallon

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.
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Ascend granted federal $480M to build Kentucky battery recycling plant

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 EV recycling firm signs South Korean firm as key customer

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.

Conn. businessman plans $18M electric vehicle education center in Sturbridge

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.

State approves $470M electrical grid modernization project

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.
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Ameresco to build 131-acre solar array in Hawaii

Ameresco, a renewable energy company based in Framingham, has begun construction on its new 131-acre solar energy plant in Hawaii.

Healey calls for climate corridor in Massachusetts

Candidate for governor Maura Healey promises to help create a "whole climate corridor" in Massachusetts to help the world move away from fossil fuels and toward renewable energy.
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