The increase in fuel price follows Russia’s invasion of Ukraine, which caused the price of oil to spike to $123 per barrel of oil, although that has since dropped slightly to to $110 per barrel.Â
The Massachusetts Department of Environmental Protection has penalized Sterling contractor Christopher McNamara a total of $69,860 for violating asbestos removal regulations at the Sterling Municipal Light Department maintenance garage.
Renewable energy firm Ameresco secured $262 million in financing from Bank of America, as part of its effort to complete a large-scale battery storage system in Southern California.
ISO secured commitments of 32,810 megawatts of electricity for the upcoming demand in the 2025-2026 season. Of those, 5,000 comes from solar, wind, energy storage, and demand resources.
Westborough-based Ascend Elements, a lithium ion battery recycling and manufacturing company, was selected by SK Battery America, a Korean-owned motor vehicle manufacturer with a facility in Georgia, to recycle the company’s manufacturing scrap.
Gasoline prices in Massachusetts have hit the highest-ever recorded average price, not adjusted for inflation, as Russia’s invasion of Ukraine ignited volatility in the oil market.
Framingham renewable energy company Ameresco profited $29.6 million in the fourth quarter, up 24% from 2020’s fourth-quarter profits of $23.8 million.
The Town of Oxford received a $2.8-million award through the state’s MassWorks Infrastructure Program, which will go toward infrastructure improvements to help commercial and residential developments.