Massachusetts Clean Energy Center

The Massachusetts Clean Energy Center (MassCEC) is a state agency established to promote the growth of the clean energy sector in Massachusetts. Founded in 2009 under the Green Jobs Act, MassCEC focuses on accelerating job creation and economic development within the clean energy industry. The organization provides early-stage investments to startups, offers renewable energy rebates for residents and businesses, and supports workforce development initiatives to prepare individuals for careers in clean energy. By leveraging the state's unique assets, MassCEC aims to facilitate the development of renewable energy projects and establish Massachusetts as a leader in the national and global clean energy landscape.

Stephen Pike

CEO

Emily Reichert

CEO

David Wilson

Senior Investment Associate

Past deals in Renewables

Triton Anchor

Seed Round in 2024
Triton Anchor specializes in subsea technology aimed at improving anchor systems for offshore applications. The company provides innovative anchoring solutions, including catenary and tension leg configurations, suitable for various soil types. Triton Anchor's technology focuses on delivering efficient and cost-effective anchoring station-keeping services, offering a low-weight, modular system that can be silently installed. This versatility allows clients in the offshore wind industry to optimize their anchoring solutions, enhancing performance while reducing costs.

AeroShield

Seed Round in 2024
AeroShield specializes in the production of a super-insulating, nanoporous glass material designed for energy-efficient windows. This innovative material, made from silica aerogel, provides optical clarity akin to traditional glass while delivering insulation performance that is 50% superior to standard windows. By integrating AeroShield's technology between two glass panes, manufacturers can significantly enhance the thermal efficiency of their products. Additionally, the payback period for AeroShield-enhanced windows is up to five times faster than that of comparable high-performance windows, making it an attractive option for both manufacturers and consumers. This focus on sustainability and energy efficiency supports industry compliance goals and improves overall product performance.

Found Energy

Seed Round in 2024
Found Energy is a renewable energy company engaging in turning aluminum into a renewable energy carrier. It recovers aluminum waste from landfills and uses a carbon-free process to produce hydrogen on-demand for less than $0.50 per kilogram of hydrogen and at five times the volumetric energy density of liquid hydrogen.

River Otter Renewables

Grant in 2023
River Otter Renewables is a recycling comany that produced biocrude oil from plant and waste as well as sewage and plastic waste.

MacroCycle

Grant in 2023
MacroCycle is developing a technology to curb the usage of fossil fuel derived plastic through a circular, sustainable and zero-carbon plastic upcycling process. The company's proprietary process based on the synthesis of cyclic macromolecules enables us to produce virgin-grade recycled PET from plastic waste at lower energy use than traditional processes.

Active Surfaces

Grant in 2023
Active Surfaces is commercializing MIT-developed ultra-thin-film solar technology. The company seeks to revolutionize the conventional energy sector by making solar power widespread and seamlessly integrating it into everyday materials. Its innovative manufacturing approach significantly reduces production expenses, presenting a transformational opportunity for semiconductor and electronics manufacturing.

Blaze Power

Grant in 2023
Blaze Power operates as a lithium-ion battery materials manufacturer. It innovates and commercializes iron-based cathode materials to enable mass-market electrification in transportation and energy storage. The company is driven to industrialize these cathodes in purpose-built inflation reduction act-compliant facilities.

BlocPower

Grant in 2023
BlocPower is an energy technology startup based in Los Angeles, California, focused on creating healthier, greener, and smarter buildings. Founded in 2014 in Brooklyn, New York, by Donnel Baird and Morris Cox, the company specializes in retrofitting urban buildings with advanced energy efficiency technologies and green heating and cooling systems. BlocPower identifies energy-wasting buildings and utilizes a proprietary machine learning platform to determine the most effective retrofits for maximizing energy savings. The company connects various stakeholders, including government agencies, utilities, building owners, and equipment providers, to facilitate these upgrades. With a mission to serve financially underserved communities, BlocPower has completed projects in nearly 1,000 buildings, helping customers save 20–40% on their annual energy bills. By leveraging data and innovative financing, BlocPower aims to reduce carbon emissions and improve health outcomes while addressing the climate crisis.

Loop CO2

Grant in 2023
Loop CO2 is a company focused on developing innovative technology that transforms carbon dioxide into essential products, contributing to a sustainable future. By converting CO2 into items such as cosmetic oils, adhesives, and thermoplastic elastomers, Loop CO2 enables its customers to minimize their environmental impact through the use of eco-friendly alternatives. The company's solutions aim to address climate challenges while promoting the utilization of carbon emissions in a productive manner.

Triton Anchor

Seed Round in 2022
Triton Anchor specializes in subsea technology aimed at improving anchor systems for offshore applications. The company provides innovative anchoring solutions, including catenary and tension leg configurations, suitable for various soil types. Triton Anchor's technology focuses on delivering efficient and cost-effective anchoring station-keeping services, offering a low-weight, modular system that can be silently installed. This versatility allows clients in the offshore wind industry to optimize their anchoring solutions, enhancing performance while reducing costs.

AeroShield

Seed Round in 2022
AeroShield specializes in the production of a super-insulating, nanoporous glass material designed for energy-efficient windows. This innovative material, made from silica aerogel, provides optical clarity akin to traditional glass while delivering insulation performance that is 50% superior to standard windows. By integrating AeroShield's technology between two glass panes, manufacturers can significantly enhance the thermal efficiency of their products. Additionally, the payback period for AeroShield-enhanced windows is up to five times faster than that of comparable high-performance windows, making it an attractive option for both manufacturers and consumers. This focus on sustainability and energy efficiency supports industry compliance goals and improves overall product performance.

Transaera

Seed Round in 2022
Transaera specializes in the development of energy-efficient cooling systems aimed at minimizing energy consumption and greenhouse gas emissions. The company employs an innovative desiccant material that effectively removes moisture from the air prior to the cooling process, enhancing indoor comfort. Its solutions are designed for both residential and commercial applications, providing affordable and environmentally friendly cooling options that improve indoor climate control. By reducing the energy demands typically associated with conventional air conditioning units, Transaera's technologies support greater productivity while also alleviating strain on local grid infrastructure and contributing to a more sustainable global climate.

PowerHouse

Grant in 2021
PowerHouse focuses on providing solar energy to fight against climate change through novel deployment solutions for renewables.

Elateq

Grant in 2021
Elateq specializes in advanced water treatment solutions that effectively purify wastewater by utilizing electrochemical technology. Their innovative system treats contaminated water by passing it through low-level electricity combined with a proprietary carbon material, which enhances the purification process. This method effectively removes a variety of contaminants, including heavy metals, pathogens, and toxic chemicals, ensuring that the water meets the specific requirements of both municipal and industrial facilities. Elateq's tailored approach addresses the diverse needs of clients seeking to improve water quality and environmental sustainability.

Takachar

Grant in 2021
Takachar is focused on creating a network of waste management enterprises in Kenya that convert agricultural residues into eco-friendly charcoal, providing an affordable cooking fuel for low-income households. The company has developed low-cost technologies that can be locally manufactured and have been successfully tested in Kenya over the past three years. Since its inception, Takachar has assisted in establishing seven local waste-to-charcoal enterprises, some of which have achieved operational profitability. To date, Takachar has created approximately 100 jobs and sold 50 tons of eco-char. The company aims to demonstrate the long-term financial sustainability of these enterprises, with the intention of developing a franchise network in the future. Additionally, Takachar employs oxygen-lean torrefaction reactors to transform biomass into commercially viable products, helping farmers prevent the open burning of agricultural waste while providing them with opportunities to generate extra income through value-added chemicals.

AeroShield

Grant in 2021
AeroShield specializes in the production of a super-insulating, nanoporous glass material designed for energy-efficient windows. This innovative material, made from silica aerogel, provides optical clarity akin to traditional glass while delivering insulation performance that is 50% superior to standard windows. By integrating AeroShield's technology between two glass panes, manufacturers can significantly enhance the thermal efficiency of their products. Additionally, the payback period for AeroShield-enhanced windows is up to five times faster than that of comparable high-performance windows, making it an attractive option for both manufacturers and consumers. This focus on sustainability and energy efficiency supports industry compliance goals and improves overall product performance.

Nth Cycle

Grant in 2021
Nth Cycle is a metal processing technology company that focuses on recovering critical minerals through innovative electro-extraction methods. It collaborates with battery recyclers and mining operations to extract production-grade minerals from e-waste and low-grade mine tailings, offering a cleaner and more customizable alternative to traditional hydrometallurgical and pyrometallurgical processes. By utilizing its advanced recycling technology, Nth Cycle aims to reduce reliance on primary mining, thereby creating a sustainable secondary source of rare earth metals in the United States. This approach supports the manufacturing and recycling industries while contributing to advancements in clean energy.

VesprSolar

Grant in 2021
VesprSolar, founded in 2019 by Robert Sewell in Somerville, Massachusetts, specializes in manufacturing the V-Clamp, a system designed to enhance the efficiency and reliability of solar panel installations. The V-Clamp serves as a universal solution for securing solar panels, optimizing security while also improving strength and resilience. This innovative attachment solution aims to streamline the installation process, making it faster and more cost-effective for companies in the solar energy sector.

Xodus Group

Grant in 2021
Xodus Group Ltd. is an engineering and advisory firm that specializes in providing support services to oil and gas upstream operators as well as renewable energy developers globally. Established in 2005 and headquartered in Aberdeen, United Kingdom, the company offers a wide array of services including exploration and appraisal, field development, operations, and decommissioning. Xodus Group also excels in advanced structural engineering, compliance management, and various simulations, addressing challenges in fluid dynamics, integrity management, and safety. The firm develops proprietary applications such as XPLORE for data management in upstream oil and gas, XMAINT to enhance data quality, and XRISK for centralized risk management. With additional offices in locations such as Australia, the United Arab Emirates, and across the UK, Xodus Group serves diverse sectors including oil and gas, LNG, renewables, and utilities, aiming to maximize return on investment for its clients.

UMass Clean Energy Extension

Grant in 2021
UMass Clean Energy Extension provides a resource to reduce market barriers and accelerate the adoption of clean energy for Massachusetts cities and towns, businesses, institutions, farms, low-income and multiunit housing, and others.

Solstice

Venture Round in 2021
Solstice is a company focused on making renewable energy accessible to all Americans through community-shared solar power solutions. It provides turnkey customer solutions, subscriber aggregation, and management services for solar developers, utilities, and other providers of shared solar energy. Utilizing community organizing techniques and an innovative online marketplace, Solstice aggregates consumer demand to facilitate the deployment of solar projects, particularly for individuals who rent their homes or have unsuitable roofs for traditional solar installations. The company aims to promote energy equity by ensuring that every household, regardless of income level or credit history, can benefit from affordable renewable energy. Founded in 2016 and headquartered in Cambridge, Massachusetts, Solstice has received numerous awards for its contributions to clean energy and entrepreneurship, reflecting its commitment to transforming the solar landscape for diverse communities.

Heila Technologies

Seed Round in 2020
Heila Technologies develops a platform that connects solar arrays, batteries, and other distributed energy resources (DERs) to create self-managing microgrids. The Heila IQ Platform is a decentralized optimization system that simplifies the integration and operation of these resources, allowing for autonomous management and optimization. This technology transforms various components, such as batteries and solar arrays, into independent intelligent agents capable of self-organization and regulation. Heila Technologies serves a diverse clientele, including utility representatives, developers, energy users, and public officials. Founded in 2017 and based in Somerville, Massachusetts, the company aims to facilitate the commercialization of its platform, providing granular analysis and data-driven recommendations to enhance the resilience and efficiency of energy networks while promoting energy savings and reducing carbon emissions.

Blackburn Energy

Grant in 2020
Blackburn Energy, Inc. specializes in renewable energy solutions for the commercial trucking industry through its innovative product, RelGen. This technology harnesses kinetic energy from a truck's drive shaft, converting it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to supply energy to various truck subsystems including liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous features. Blackburn Energy's solutions aim to reduce reliance on engine idling, thus cutting fuel and maintenance costs while minimizing carbon emissions. The company's products are particularly beneficial for long-haul drivers, providing essential power for climate control and operational needs during rest periods. Blackburn Energy was founded in 2008 and is headquartered in Amesbury, Massachusetts.

AeroShield

Grant in 2020
AeroShield specializes in the production of a super-insulating, nanoporous glass material designed for energy-efficient windows. This innovative material, made from silica aerogel, provides optical clarity akin to traditional glass while delivering insulation performance that is 50% superior to standard windows. By integrating AeroShield's technology between two glass panes, manufacturers can significantly enhance the thermal efficiency of their products. Additionally, the payback period for AeroShield-enhanced windows is up to five times faster than that of comparable high-performance windows, making it an attractive option for both manufacturers and consumers. This focus on sustainability and energy efficiency supports industry compliance goals and improves overall product performance.

Transaera

Grant in 2020
Transaera specializes in the development of energy-efficient cooling systems aimed at minimizing energy consumption and greenhouse gas emissions. The company employs an innovative desiccant material that effectively removes moisture from the air prior to the cooling process, enhancing indoor comfort. Its solutions are designed for both residential and commercial applications, providing affordable and environmentally friendly cooling options that improve indoor climate control. By reducing the energy demands typically associated with conventional air conditioning units, Transaera's technologies support greater productivity while also alleviating strain on local grid infrastructure and contributing to a more sustainable global climate.

Castalune

Grant in 2020
Castalune is a predictive software prototype for distributed renewable energy resource optimization.

FLxDER

Grant in 2020
FLxDER creates a prototype of its cloud-based software to optimize electric fleet vehicle charging so as to reduce electric grid impacts and costs, and coordinate operation with other distributed energy resources.

Sol Clarity

Grant in 2020
Sol Clarity specializes in the development and production of self-cleaning solar. It provides transparent Electrodynamic Screen (EDS) as overlays for solar panels that automatically remove dust and improve the energy yield/output power of solar panels without the need to wash the panels with water.

Lydian

Grant in 2020
Lydian aims to accelerate the decarbonization of the chemical industry by electrifying the chemical production process. Founded in 2021 by Branko Zugic, Lydian is headquartered in

SYSO Technologies

Grant in 2020
SYSO Technologies specializes in renewable energy and storage management technology and services. The company has developed a cloud-based platform aimed at enhancing the performance of renewable energy assets. By integrating artificial intelligence with a product-agnostic server, the platform enables asset owners to transform passive renewable generators, such as photovoltaics and wind power, into active energy producers. This approach allows asset owners to maximize the value of their investments by increasing revenue, reducing operational costs, and improving the reliability of their energy systems. SYSO Technologies focuses on providing comprehensive solutions that support the effective management of renewable energy and storage assets.

Ithaca Clean Energy

Grant in 2020
Ithaca Clean Energy develops a renewable energy platform that leverages artificial intelligence-driven data analytics to enhance the efficiency of energy generation. The company's technology facilitates greater connectivity and interaction among stakeholders in the energy sector, including investors, developers, and operators. By providing insights and analytics, Ithaca aims to support these parties in making better-informed and optimized decisions regarding energy investments and operations.

Highland Electric Transportation

Grant in 2020
Highland Electric Transportation is a comprehensive turnkey solutions provider that delivers electric school buses (EVSB) to school districts and third-party managed fleet providers (3PMs).

Enel Green Power

Grant in 2020
Enel Green Power is a global leader in renewable energy, focusing on the development and management of power plants that utilize a diverse array of resources, including wind, solar, hydroelectric, geothermal, and biomass. Established in December 2008 as part of the Enel Group, the company operates across Europe and the Americas, boasting an installed capacity of 64.7 GW and generating approximately 25 terawatt-hours of electricity annually. This production supports the energy needs of over 8 million households and contributes to significant reductions in carbon emissions, avoiding around 16 million tonnes of CO2 each year. Enel Green Power emphasizes sustainability and innovation while actively collaborating with local communities to promote socio-economic development. The company is committed to expanding its installed capacity and enhancing technological mixes tailored to local conditions, thus playing a crucial role in the global transition to sustainable energy.

Plug In America

Grant in 2020
Plug In America is a coalition of RAV4-EV drivers, former lessees of Honda EV+, GM EV1, Ford Ranger and Ford Th!nk City electric cars, and advocates of energy independence and clean air. Prior to 2008, we functioned as a loose network of individuals organized around various websites like dontcrush.com and saveEV1.com. We then coalesced into a chapter of the Electric Auto Association. On January 2, 2008, Plug In America became a separate California non-profit corporation. On August 18, 2008, we became an official 501(c)(3) public charity! Our Mission Plug In America drives change. We accelerate the shift to plug-in vehicles powered by clean, affordable, domestic electricity to reduce our nation's dependence on petroleum and improve the global environment.

Triton Anchor

Grant in 2020
Triton Anchor specializes in subsea technology aimed at improving anchor systems for offshore applications. The company provides innovative anchoring solutions, including catenary and tension leg configurations, suitable for various soil types. Triton Anchor's technology focuses on delivering efficient and cost-effective anchoring station-keeping services, offering a low-weight, modular system that can be silently installed. This versatility allows clients in the offshore wind industry to optimize their anchoring solutions, enhancing performance while reducing costs.

Gridtwin

Grant in 2020
Gridtwin is a SaaS-based company providing software tools to both energy developers and utilities to streamline the interconnection process. Gridtwin was founded by researchers and graduates from the MIT Energy Initiative who were passionate about modernizing the electricity network and developing tools to facilitate that process. Gridtwin is based in Cambridge, Massachusetts.

Medley Thermal

Grant in 2020
Medley Thermal specializes in the development of software and systems designed to optimize the management of energy sources for steam supply. The company focuses on creating thermal electric systems that incorporate an electric boiler alongside existing boiler systems. By utilizing advanced dispatching software, Medley Thermal's solutions enable seamless fuel switching between boilers, ensuring an uninterrupted supply of steam. This approach not only helps industries reduce reliance on more expensive and emissions-intensive fuels but also facilitates a transition to cleaner steam energy, contributing to lower operational costs and enhanced environmental sustainability.

Flux Marine

Grant in 2020
Flux Marine builds electric marine propulsion systems characterized by performance.

Verdox

Grant in 2020
Verdox is dedicated to reversing climate change through the development and deployment of advanced technology. The company’s proprietary electro-swing process, developed at MIT, enables carbon dioxide and other acid gases to be captured with up to 80% less energy and 70% less cost than conventional approaches.

Sistine Solar

Venture Round in 2019
Sistine Solar is a renewable energy company that designs custom solar panels. The company was founded in 2012 and is headquartered in Somerville, Massachusetts.

Blackburn Energy

Grant in 2019
Blackburn Energy, Inc. specializes in renewable energy solutions for the commercial trucking industry through its innovative product, RelGen. This technology harnesses kinetic energy from a truck's drive shaft, converting it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to supply energy to various truck subsystems including liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous features. Blackburn Energy's solutions aim to reduce reliance on engine idling, thus cutting fuel and maintenance costs while minimizing carbon emissions. The company's products are particularly beneficial for long-haul drivers, providing essential power for climate control and operational needs during rest periods. Blackburn Energy was founded in 2008 and is headquartered in Amesbury, Massachusetts.

INroof.solar

Grant in 2019
Imagine a world where buildings are designed not just to look better but to perform better, where beautiful premium materials incorporate sustainable technology and where a timeless look will last a lifetime. This is the world of INroof.solar. INroof.solar is dedicated to creating solar roof systems that integrate into the architecture of the home. Our solar metal roof panels are a fusion of the finest roofing materials and our patent-pending solar thermal collection system. With INroof, the roof is the solar panel giving you a streamlined look you never thought possible. An INroof system is the ideal solar energy solution for all your heating needs including solar hot water, solar space heating, radiant floor heating, and swimming pool heating. Our Nor’easter solar metal roof panels are cool weather optimized with a smooth, solar-collecting coating that allows them to shed snow easily. And if necessary heat can be pumped back through the roof to melt snow and ice. Plus our panels are compatible with geothermal heating systems. INroof panels are the finest building-integrated solar thermal collectors on the market today and are the perfect choice if you want the benefits of solar energy without the look of solar panels installed on top of your roof.

Camberline Technologies

Grant in 2019
Camberline Technologies is a company that specializes in a sensor-driven platform designed to monitor electricity usage and promote energy conservation. The platform provides billing-ready data that integrates with existing billing systems, facilitating efficient energy management. By delivering actionable insights, Camberline encourages consumers to adopt more sustainable electricity usage habits, often through attractive incentives. This approach not only supports individual energy conservation efforts but also contributes to broader community sustainability goals.

Transaera

Grant in 2019
Transaera specializes in the development of energy-efficient cooling systems aimed at minimizing energy consumption and greenhouse gas emissions. The company employs an innovative desiccant material that effectively removes moisture from the air prior to the cooling process, enhancing indoor comfort. Its solutions are designed for both residential and commercial applications, providing affordable and environmentally friendly cooling options that improve indoor climate control. By reducing the energy demands typically associated with conventional air conditioning units, Transaera's technologies support greater productivity while also alleviating strain on local grid infrastructure and contributing to a more sustainable global climate.

Onvector

Grant in 2019
Onvector LLC, founded in 2018 and based in Somerville, Massachusetts, specializes in manufacturing advanced devices for industrial wastewater treatment. The company focuses on developing non-chemical water treatment technologies, particularly utilizing its proprietary Plasma Vortex technology, which employs a plasma hydrocyclone to effectively eliminate challenging contaminants such as PFAS and other emerging pollutants. By harnessing the power of directed energy, Onvector's solutions provide robust alternatives to traditional methods like ozone or UV disinfection. Its innovative approaches also include low-voltage radio-frequency technology for cooling water scale suppression, making it a valuable partner for industries including industrial manufacturing, commercial real estate, and maritime operations. The company aims to address critical environmental challenges while ensuring safe and efficient treatment of hazardous substances in water and wastewater.

Ascend Elements

Grant in 2019
Ascend Elements specializes in the production of advanced battery materials by reclaiming valuable elements from spent lithium-ion batteries. The company employs hydroprocess recycling and direct recycling methods, which deconstruct old cathode materials at the atomic level to generate new cathode materials. This innovative approach not only enhances the efficiency of recycling processes but also enables clients to maximize their returns on assets, ultimately supporting the production of economically viable and low-cost battery materials.

Transaera

Grant in 2018
Transaera specializes in the development of energy-efficient cooling systems aimed at minimizing energy consumption and greenhouse gas emissions. The company employs an innovative desiccant material that effectively removes moisture from the air prior to the cooling process, enhancing indoor comfort. Its solutions are designed for both residential and commercial applications, providing affordable and environmentally friendly cooling options that improve indoor climate control. By reducing the energy demands typically associated with conventional air conditioning units, Transaera's technologies support greater productivity while also alleviating strain on local grid infrastructure and contributing to a more sustainable global climate.

Energetic Capital

Grant in 2018
Energetic Capital was created to catalyze deployment of renewable energy with a focus on sub-investment grade and unrated credit risks. Our process is faster and more scalable than any existing financing options, allowing more organizations to access and procure clean energy and efficiency solutions. We provide a comprehensive financing package that unlocks the benefits of efficient and affordable financing for renewable energy.

Takachar

Grant in 2018
Takachar is focused on creating a network of waste management enterprises in Kenya that convert agricultural residues into eco-friendly charcoal, providing an affordable cooking fuel for low-income households. The company has developed low-cost technologies that can be locally manufactured and have been successfully tested in Kenya over the past three years. Since its inception, Takachar has assisted in establishing seven local waste-to-charcoal enterprises, some of which have achieved operational profitability. To date, Takachar has created approximately 100 jobs and sold 50 tons of eco-char. The company aims to demonstrate the long-term financial sustainability of these enterprises, with the intention of developing a franchise network in the future. Additionally, Takachar employs oxygen-lean torrefaction reactors to transform biomass into commercially viable products, helping farmers prevent the open burning of agricultural waste while providing them with opportunities to generate extra income through value-added chemicals.

PolarPanel

Grant in 2018
PolarPanel is a Forbes 30 Under 30 renewable energy startup focused on bringing clean, reliable, and low-maintenance refrigeration technology to the commercial cold chain.

Littoral Power Systems

Grant in 2018
Littoral Power Systems focuses on developing, manufacturing, and installing equipment for hydropower and renewable energy to tackle issues related to cost, environmental impact, and regulatory complexity in ocean energy. The company creates products made from recycled materials that can be utilized in both small-scale applications for constrained waterways and larger energy farms. This approach enables clients to efficiently harvest energy while minimizing costs and reducing environmental impacts.

EnergySage

Series A in 2018
EnergySage, LLC is an online marketplace based in Boston, Massachusetts, specializing in solar and clean energy technologies for homeowners, businesses, and non-profits. Founded in 2009, the company provides a platform that offers educational resources and analytical tools, helping consumers identify and compare suitable clean energy solutions, including rooftop solar, battery storage, community solar, heat pumps, and electric vehicle charging. Through its service, EnergySage guides potential buyers in requesting and evaluating competitive quotes from pre-screened installers, facilitating a convenient and cost-effective shopping experience for clean energy products and services.

Solstice

Convertible Note in 2018
Solstice is a company focused on making renewable energy accessible to all Americans through community-shared solar power solutions. It provides turnkey customer solutions, subscriber aggregation, and management services for solar developers, utilities, and other providers of shared solar energy. Utilizing community organizing techniques and an innovative online marketplace, Solstice aggregates consumer demand to facilitate the deployment of solar projects, particularly for individuals who rent their homes or have unsuitable roofs for traditional solar installations. The company aims to promote energy equity by ensuring that every household, regardless of income level or credit history, can benefit from affordable renewable energy. Founded in 2016 and headquartered in Cambridge, Massachusetts, Solstice has received numerous awards for its contributions to clean energy and entrepreneurship, reflecting its commitment to transforming the solar landscape for diverse communities.

Pecos Wind Power

Convertible Note in 2018
Pecos Wind Power is a company that specializes in the design, construction, and sale of wind turbines aimed at facilitating distributed generation of electricity. These turbines are engineered to help clients produce their own renewable energy at a low cost, making them suitable for various installations, including schools, businesses, and commercial electricity consumers. By enabling clients to transition to renewable energy sources, Pecos Wind Power promotes sustainable electricity use in an efficient and user-friendly manner.

Medley Thermal

Grant in 2018
Medley Thermal specializes in the development of software and systems designed to optimize the management of energy sources for steam supply. The company focuses on creating thermal electric systems that incorporate an electric boiler alongside existing boiler systems. By utilizing advanced dispatching software, Medley Thermal's solutions enable seamless fuel switching between boilers, ensuring an uninterrupted supply of steam. This approach not only helps industries reduce reliance on more expensive and emissions-intensive fuels but also facilitates a transition to cleaner steam energy, contributing to lower operational costs and enhanced environmental sustainability.

ZwitterCo

Grant in 2018
ZwitterCo specializes in advanced membrane solutions for the treatment of highly impaired wastewater, focusing on the development of reverse osmosis and nanofiltration technologies. These innovations enable the effective reuse and recycling of water resources by addressing challenges such as fouling and chemical demands. ZwitterCo's membranes are designed to treat historically unfilterable streams, allowing customers to transform waste into a valuable resource. With features such as chlorine tolerance and resistance to irreversible fouling, the company's technology supports steady performance and durability, making wastewater treatment economically viable for industrial applications.

Community Clean Energy Project

Grant in 2018
The Community Clean Energy Project (CCEP) model involves consumers, utilities, community stakeholders, technology companies, funders, Federal/State energy programs, clean energy, and mobility organizations, and local government as partners committed to reliable, clean energy future.

Sunrun

Grant in 2017
Sunrun Inc. is a leading provider of residential solar energy systems in the United States, specializing in the design, development, installation, ownership, and maintenance of solar power solutions. Founded in 2007 and headquartered in San Francisco, California, the company offers a unique solar service model that allows homeowners to pay for the electricity generated by the solar systems rather than purchasing the panels outright. This approach enables customers to benefit from lower, locked-in electricity rates while Sunrun maintains and monitors the systems. Operating in twelve states, Sunrun installs solar systems at a rapid pace, averaging one installation every ten minutes. The company utilizes a direct-to-consumer marketing strategy complemented by partnerships with various solar and strategic entities. In addition to solar energy systems, Sunrun also provides battery storage solutions and sells solar products such as panels and racking. With a workforce of over 3,000 employees, Sunrun continues to lead the residential solar market by prioritizing customer savings and sustainable energy solutions.

Ameresco

Grant in 2017
Ameresco, Inc. provides energy efficiency solutions for facilities in North America. The company engages in the development, design, engineering, and installation of projects that reduce the energy, as well as operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Its set of services includes upgrades to a facility's energy infrastructure. Ameresco provides renewable energy products and services that include the construction of small-scale plants that produce electricity, gas, heat, or cooling from renewable sources of energy; the sale of such electricity, processed landfill gas, heat, or cooling from plants that it owns; and the sale and installation of solar energy products and systems for both on-grid and off-grid applications. It distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company was founded in 2000 and is headquartered in Framingham, Massachusetts.

Solect Energy

Seed Round in 2017
Solect Energy, located in Hopkinton, Massachusetts, is a prominent player in the commercial-scale solar industry. The company focuses on providing solar energy solutions tailored for businesses, helping them harness renewable energy to reduce costs and enhance sustainability. Solect Energy is known for its expertise in designing, financing, and installing solar energy systems, making it a key partner for organizations looking to transition to solar power.

Borrego Solar Systems

Grant in 2017
Borrego Solar is solving the world’s energy problems by accelerating the adoption of renewable energy. Their people are committed to excellence in every aspect of solar design, construction and operation.

National Grid Partners

Grant in 2017
National Grid is a leading energy company that operates electricity and gas transmission systems, focusing on delivering cleaner and more resilient energy solutions. As one of the largest investor-owned energy companies globally, it is dedicated to providing safe, reliable, and efficient energy services to customers and communities in both the UK and the US. National Grid plays a crucial role in connecting millions of people to essential energy resources through its regulated utility businesses, as well as its ventures in innovation. The company is actively committed to reducing greenhouse gas emissions and is shaping future energy systems by collaborating with customers, partners, and communities to address the challenges of transitioning to decarbonized and decentralized energy solutions.

NextEra Energy

Grant in 2017
NextEra Energy is a leading renewable energy company engaged in the generation of wind and solar power, as well as nuclear and natural gas energy. It operates through its regulated utility, Florida Power & Light, which is the largest rate-regulated utility in Florida, serving nearly 6 million customer accounts and owning 34 gigawatts of generation capacity. Florida Power & Light significantly contributes to NextEra's overall earnings, accounting for approximately 70% of its consolidated operating income. The company's renewable energy segment, NextEra Energy Resources, generates and sells power across the United States and Canada, boasting an additional 34 gigawatts of capacity. Through its investments in infrastructure, NextEra Energy creates thousands of high-paying jobs, positioning itself as a major player in the energy sector.

Energy Futures Group

Grant in 2017
Energy Futures Group provides expert consulting services informed by national and international experience in the design and evaluation of energy efficiency.

INroof.solar

Grant in 2017
Imagine a world where buildings are designed not just to look better but to perform better, where beautiful premium materials incorporate sustainable technology and where a timeless look will last a lifetime. This is the world of INroof.solar. INroof.solar is dedicated to creating solar roof systems that integrate into the architecture of the home. Our solar metal roof panels are a fusion of the finest roofing materials and our patent-pending solar thermal collection system. With INroof, the roof is the solar panel giving you a streamlined look you never thought possible. An INroof system is the ideal solar energy solution for all your heating needs including solar hot water, solar space heating, radiant floor heating, and swimming pool heating. Our Nor’easter solar metal roof panels are cool weather optimized with a smooth, solar-collecting coating that allows them to shed snow easily. And if necessary heat can be pumped back through the roof to melt snow and ice. Plus our panels are compatible with geothermal heating systems. INroof panels are the finest building-integrated solar thermal collectors on the market today and are the perfect choice if you want the benefits of solar energy without the look of solar panels installed on top of your roof.

MTPV

Grant in 2017
MTPV Power Corporation is a clean energy company that focuses on innovations in Micron-gap ThermalPhotoVoltaics technology (MTPV). MTPV technology began development at MIT and Draper Laboratory before moving to the labs of MTPV Power Corporation. It was founded in 2003 and headquartered in Austin, Texas.

Ivys Energy Solutions

Grant in 2017
Ivys Energy Solutions is a solutions provider delivering effective engineering services and products to the global energy, renewables.

Wright Electric

Grant in 2016
Wright Electric Inc. is a manufacturer of commercial electric airplanes, focusing on reducing costs and emissions in the aviation industry. Established in 2016 and headquartered in Los Angeles, California, the company utilizes innovative propulsion technology to produce aircraft that eliminate emissions without requiring offsets. This advancement not only promotes zero-emissions flight but also aims to make the operational costs comparable to those of traditional fossil-fueled fleets, thereby facilitating the transition to a more sustainable aerospace sector. Wright Electric is positioned to play a significant role in the electrification of aviation, marking a transformative shift in the industry.

Harvest Power

Grant in 2015
Harvest Power is a waste management company focused on converting organic materials into renewable energy and high-value products such as soil, mulch, and organic fertilizers. By recycling discarded organic materials, Harvest helps communities generate environmentally friendly products that enhance local ecosystems. The company operates facilities across North America, including locations in British Columbia, Ontario, California, and various states in the Mid-Atlantic, Midwest, and Northeastern regions of the United States. Through its energy gardens and production capabilities, Harvest Power enables the sustainable recycling of energy and nutrients, fostering local consumption and contributing to environmental well-being.

EnergySage

Series A in 2015
EnergySage, LLC is an online marketplace based in Boston, Massachusetts, specializing in solar and clean energy technologies for homeowners, businesses, and non-profits. Founded in 2009, the company provides a platform that offers educational resources and analytical tools, helping consumers identify and compare suitable clean energy solutions, including rooftop solar, battery storage, community solar, heat pumps, and electric vehicle charging. Through its service, EnergySage guides potential buyers in requesting and evaluating competitive quotes from pre-screened installers, facilitating a convenient and cost-effective shopping experience for clean energy products and services.

SiEnergy Systems

Grant in 2015
SiEnergy Systems LLC is an early-stage company commercializing a novel thin film solid oxide fuel cell (SOFC) developed at Harvard University. The technology uses inexpensive silicon-based technology and nanometer scale electrolytes to create SOFCs that operate at a commercially desirable temperature and are scalable to meet various power requirements. Thin film SOFC is a promising technology that provides solutions to cost and reliability challenges of fuel cells today.

Building Envelope Materials

Grant in 2015
Building Envelope Materials is on a mission to develop quick inexpensive minimally disruptive methods to reduce the thermal energy use of existing buildings to zero. Their mission began in 2014 when they were awarded a grant by the Massachusetts Clean Energy Center (MassCEC) to develop a way to inject highly insulating closed cell polyurethane foam into "under-insulated" fiberglass filled wall cavities. Since then, they have further developed and refined their pinhole insulation technology through additional grants from the MassCEC, the US Department of Energy and CertainTeed/Saint Gobain. The results have been phenomenal. They can fill an entire wall cavity through one easily patched 1/2” hole and can insulate an entire house in just one day. In a typical 1950's era fiberglass insulated wall, their technology increases insulation values from R10 to R23 and has been demonstrated to reduce energy usage by 25% or more. They're currently expanding their pinhole insulation technology to cathedral ceilings, dormer roofs and flat roofs. THey're also developing safer alternatives to traditional spray foam for use in new construction, roof rafters and other open cavity applications. When fully deployed in all the cavities of a typical building, pinhole insulation will double or triple the energy savings of traditional weatherization technologies.

EverVest

Grant in 2015
EverVest specializes in providing financial risk analysis and cash flow modeling software tailored for renewable energy investors. Its web-based platform aids banks, investors, and developers in evaluating and structuring financing for new renewable energy assets. Additionally, the software offers enterprise risk management capabilities that assist portfolio managers in making informed decisions for sustainable growth in the renewable energy market. Through its innovative solutions, EverVest plays a vital role in enhancing the financial decision-making process within the renewable energy sector.

CleanFiber

Grant in 2015
CleanFiber, LLC specializes in producing high-performance cellulose insulation materials made from recycled corrugated cardboard for residential and commercial construction. Founded in 2013 and based in Blasdell, New York, with an additional office in Buffalo, CleanFiber transitioned from its previous name, UltraCell Insulation, in September 2018. The company focuses on providing sustainable, carbon-negative insulation solutions that can be applied in attics, walls, and floors, catering to both new construction and retrofit projects. CleanFiber's products not only enhance fire resistance in buildings but also offer a cost-competitive alternative for construction companies, supporting environmentally friendly building practices. The company is currently expanding its production capabilities to meet growing demand.

Tessolar

Grant in 2015
Tessolar focuses on enhancing the performance of solar photovoltaic systems while lowering installation costs. The company develops integrated racking products specifically designed for solar panel installations, catering to both rooftop and ground mount applications. By utilizing aerospace-quality composite materials in their products, Tessolar enables faster installation processes and effectively reduces both soft and hard costs associated with the deployment lifecycle of solar systems.

DropWise Technologies

Grant in 2015
DropWise Technologies Corp. specializes in manufacturing advanced coating materials aimed at reducing carbon emissions in power plants and enhancing the efficiency of thermal systems. The company utilizes a unique vapor-based deposition process, developed in collaboration with leading MIT labs, to create ultra-thin, durable coatings that effectively address fouling and corrosion in heat exchange equipment. These coatings are significantly thinner than conventional options, allowing for improved heat transfer and reducing the need for excessive coolant water. DropWise's technology is applicable across various sectors, including power generation, desalination, HVAC/R, and chemical refining. By chemically grafting coatings to surfaces with precision, DropWise enhances the performance of critical components such as heat exchangers, ultimately enabling operators to maintain higher efficiency and durability while minimizing operational costs. Established in 2014 and based in Cambridge, Massachusetts, DropWise Technologies is poised to transform traditional coating solutions and access markets previously deemed unattainable.

DropWise Technologies

Grant in 2015
DropWise Technologies Corp. specializes in manufacturing advanced coating materials aimed at reducing carbon emissions in power plants and enhancing the efficiency of thermal systems. The company utilizes a unique vapor-based deposition process, developed in collaboration with leading MIT labs, to create ultra-thin, durable coatings that effectively address fouling and corrosion in heat exchange equipment. These coatings are significantly thinner than conventional options, allowing for improved heat transfer and reducing the need for excessive coolant water. DropWise's technology is applicable across various sectors, including power generation, desalination, HVAC/R, and chemical refining. By chemically grafting coatings to surfaces with precision, DropWise enhances the performance of critical components such as heat exchangers, ultimately enabling operators to maintain higher efficiency and durability while minimizing operational costs. Established in 2014 and based in Cambridge, Massachusetts, DropWise Technologies is poised to transform traditional coating solutions and access markets previously deemed unattainable.

Blackburn Energy

Grant in 2015
Blackburn Energy, Inc. specializes in renewable energy solutions for the commercial trucking industry through its innovative product, RelGen. This technology harnesses kinetic energy from a truck's drive shaft, converting it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to supply energy to various truck subsystems including liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous features. Blackburn Energy's solutions aim to reduce reliance on engine idling, thus cutting fuel and maintenance costs while minimizing carbon emissions. The company's products are particularly beneficial for long-haul drivers, providing essential power for climate control and operational needs during rest periods. Blackburn Energy was founded in 2008 and is headquartered in Amesbury, Massachusetts.

Infinium Metals

Grant in 2015
Infinium Metals formerly Metal Oxygen Separation Technologies, Inc. develops technologies for producing metals and oxygen gas directly from metal oxides. The company focuses on developing and scaling the solid oxide membrane (SOM) electrolysis process and related technologies for making metals from their oxide ores. It offers SOM Electrolysis, a low-energy process for making pure metals and magnesium metals. Infinium Metals was formerly known as MOXST LLC. The company was incorporated in 2008 and is based in Natick, Massachusetts.

Xilectric

Grant in 2015
Xilectric specializes in the development of energy and environmental technologies, particularly in the field of lithium-ion battery innovation. The company manufactures rechargeable batteries designed to enhance abuse tolerance, enabling them to withstand high voltage, elevated temperatures, and rapid charging. Xilectric also offers a novel class of low-cost rechargeable batteries based on nickel-iron technology, which minimizes electrolyte degradation and ensures reliable performance in extreme weather conditions. This advancement provides electric vehicle manufacturers with durable and dependable battery solutions, addressing the growing demand for efficient energy storage in the automotive sector.

DropWise Technologies

Grant in 2014
DropWise Technologies Corp. specializes in manufacturing advanced coating materials aimed at reducing carbon emissions in power plants and enhancing the efficiency of thermal systems. The company utilizes a unique vapor-based deposition process, developed in collaboration with leading MIT labs, to create ultra-thin, durable coatings that effectively address fouling and corrosion in heat exchange equipment. These coatings are significantly thinner than conventional options, allowing for improved heat transfer and reducing the need for excessive coolant water. DropWise's technology is applicable across various sectors, including power generation, desalination, HVAC/R, and chemical refining. By chemically grafting coatings to surfaces with precision, DropWise enhances the performance of critical components such as heat exchangers, ultimately enabling operators to maintain higher efficiency and durability while minimizing operational costs. Established in 2014 and based in Cambridge, Massachusetts, DropWise Technologies is poised to transform traditional coating solutions and access markets previously deemed unattainable.

SolarOne Solutions

Grant in 2014
SolarOne Solutions transforms the power of the sun into simple, effective, and reliable off-grid solutions that you can implement today and rely on for years to come. SolarOne® deploys Lighting and Harvester systems across the globe for a wide range of applications and customers that include major college campuses, government laboratories and municipalities. SolarOne® lights operate independent of the electric grid, relying on a solar panel for their power source. This ensures that they will remain lit, even during grid-connected power shortages. Additionally, their independent power source enables them to be sited flexibly and installed easily, without incurring the significant expenses of trenching and repaving. SolarOne Solutions offers SolarOne® overhead lights for pathways, sidewalks, parking lots, and bus shelters.

Nuvera Fuel Cells

Grant in 2014
Nuvera Fuel Cells, LLC specializes in manufacturing heavy-duty, zero-emissions engines tailored for mobility applications. The company operates facilities in both the United States and Europe, focusing on clean and efficient fuel cell technology. Nuvera's products serve a diverse range of markets, including on- and off-road vehicles, industrial equipment, port and maritime applications, as well as stationary and portable power solutions. By addressing the demanding requirements of these sectors, Nuvera enables its clients to meet global commercial standards for sustainability and efficiency.

Co-op Power

Grant in 2013
Co-op Power is a multi-class, multi-racial movement for a sustainable and just energy future. It has created an innovative structure that enables communities to create community-owned clean energy products and services, businesses, and jobs. It is to research, design, capitalize, and launch their community-owned sustainable energy businesses.

Spruce Power

Grant in 2013
Spruce Power is a prominent owner and operator of distributed solar energy assets in the United States, focusing on making renewable energy accessible to homeowners. The company provides subscription-based services to approximately 75,000 home solar systems, allowing customers to benefit from solar energy without the need for upfront costs. Its primary revenue streams include selling electricity generated by these systems directly to homeowners, entering third-party contracts to sell solar renewable energy credits, and servicing agreements related to these solar energy systems. By simplifying the adoption of solar energy, Spruce Power plays a significant role in promoting sustainable energy solutions.

Bandgap Engineering

Grant in 2013
Bandgap Engineering specializes in the development of advanced nanostructuring technologies for silicon, focusing on applications in high-efficiency photovoltaic systems and lithium-ion batteries. The company aims to enhance the performance of silicon-based solar cells and battery technologies by employing innovative methods that lower production costs and improve efficiency. By engineering these nanostructured materials, Bandgap Engineering seeks to contribute to the advancement of solar energy solutions and the broader adoption of renewable energy technologies, ultimately supporting the goal of making solar energy competitive with traditional energy sources.

Ambri

Grant in 2013
Ambri, Inc. is a company based in Marlborough, Massachusetts, focused on developing innovative electricity storage solutions through its liquid metal battery technology. Founded in 2010 and originally known as Liquid Metal Battery Corporation, Ambri aims to revolutionize grid-scale power storage by offering batteries that are low-cost, long-lasting, and capable of storing significant amounts of energy. These batteries are particularly suited for applications in renewable energy systems and grid stabilization. Ambri's technology is designed to enhance the reliability and efficiency of energy storage, with systems that can tolerate short circuits and other operational challenges, making them a robust choice for grid operators.

Vecarius

Grant in 2013
Vecarius is an energy efficiency in mass markets with broad societal impact, particularly in markets involving energy-intensive mobile or portable applications. They offer power management systems, thermal management systems, power electronics, advanced heat exchangers, and waste heat recovery.

SachSiSolar

Grant in 2013
SachSiSolar develops technology to reduce the costs of solar panels. The company provides manufacturers with an inexpensive retrofit for their production lines to increase the efficiency of solar panels. The technology will drive down the cost of high-efficiency photovoltaics and enable high-technology manufacturing in Massachusetts.

Takachar

Grant in 2012
Takachar is focused on creating a network of waste management enterprises in Kenya that convert agricultural residues into eco-friendly charcoal, providing an affordable cooking fuel for low-income households. The company has developed low-cost technologies that can be locally manufactured and have been successfully tested in Kenya over the past three years. Since its inception, Takachar has assisted in establishing seven local waste-to-charcoal enterprises, some of which have achieved operational profitability. To date, Takachar has created approximately 100 jobs and sold 50 tons of eco-char. The company aims to demonstrate the long-term financial sustainability of these enterprises, with the intention of developing a franchise network in the future. Additionally, Takachar employs oxygen-lean torrefaction reactors to transform biomass into commercially viable products, helping farmers prevent the open burning of agricultural waste while providing them with opportunities to generate extra income through value-added chemicals.

SES

Grant in 2012
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.

Thermeleon

Grant in 2012
Thermeleon offers a greenhouse screening system with the added capability of passively cooling and heating the greenhouse. It is a next-generation screen system with integrated thermal energy storage for horticulture. During the day, it will absorb the excess energy, which will be released at night when there is high energy demand. As a result, both the gas costs and CO2 emissions are reduced significantly.

WindPole Ventures

Series A in 2010
WindPole sells actual hub height wind resource data that solves two problems: 1) historical wind data that de-risks and improves finance terms for wind power development projects, and 2) real-time data based wind forecasting that improves operational effectiveness for utilities, grid operators, wind farm operators, and power traders. WindPole installs weather monitoring sensors and systems on existing narrow faced, 80+ meters (hub height), broadcast towers. Each tower is polled every five minutes to compile real-time wind resource data. WindPole’s clients include five of the top ten wind developers, grid operators, and industry analysts.
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