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Ameresco quarterly profits cut in half, even as revenues rise 13%

Renewable energy company Ameresco, based in Framingham, reported $223M in revenue during the company’s second quarter, according to a quarterly report released on Monday.

Mass. launches financing program for business energy projects

MassDevelopment and the Massachusetts Department of Energy Resources announced last week financing is now available for funding energy improvements on commercial, industrial and multi-family buildings, as well as buildings owned by nonprofits. 

Ameresco to replace nearly 4,000 streetlights in Lawrence

Framingham-based renewable energy company Ameresco will complete a large-scale municipal streetlight energy conservation project in Lawrence, the company announced on Wednesday, reporting that it was selected to replace more than 3,800 light fixtures with energy efficient LED’s.

PowerOptions partners with Solect Energy for solar and storage solutions

Energy-buying consortium PowerOptions has expanded its relationships with Hopkinton-based Solect Energy to offer large-scale solar and storage to its members.
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Noresco breaks ground on $169M U.S. Navy microgrid

Noresco, a Westborough energy efficiency and infrastructure firm, has begun work on a cogeneration and microgrid system expansion at Naval Submarine Base New London in Connecticut.

Ameresco secures $18.6M Oregon streetlight project

Framingham energy company Ameresco has secured an $18.6-million energy efficiency project to replace more than 8,000 streetlights in Portland, Ore.

Westborough electronics warehouse to be part of 9MW rooftop solar initiative

A Boston real estate investment trust has chosen a Westborough distribution warehouse as part of a new rooftop solar panel initiative.

Electrical contractor buys Holliston facility for $544K

Burlington electrical contractor B F Garvey & Sons purchased a $544,000 industrial building located at 72 Jeffrey Ave. in Holliston, according to an announcement Friday from O’Brien Commercial Properties, Inc. of Concord, which brokered the sale.
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Energy sector confident about pandemic operations

The energy sector, like all segments of the economy, is adjusting to business in the age of COVID-19, but industry leaders said Thursday that their workforces are just as productive and major projects remain on track.

Solar power growth, jobs decline during pandemic

Job losses associated with the COVID-19 pandemic have wiped out the past five years of workforce growth in the solar energy field, according to a new industry analysis.
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