Massachusetts Clean Energy Center

Established in 2009, the Massachusetts Clean Energy Center is a state agency dedicated to accelerating clean energy development and implementation. It aims to create high-quality jobs and long-term economic growth by facilitating renewable energy generation projects and developing a skilled workforce.

Stephen Pike

CEO

Emily Reichert

CEO

Susan Stewart

Head of Investments

David Wilson

Senior Investment Associate

Past deals in Solar Energy

AeroShield

Seed Round in 2024
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

Active Surfaces

Grant in 2023
Active Surfaces, a Massachusetts-based company, specializes in commercializing ultra-thin-film solar technology developed at MIT. Its core business involves creating flexible, lightweight solar panels that can be seamlessly integrated into everyday materials and surfaces, revolutionizing the conventional energy sector. The company's innovative manufacturing approach significantly reduces production costs, making solar power more accessible and affordable. This technology presents a transformational opportunity for semiconductor and electronics manufacturing, driving down costs for both module production and installation. By enabling virtually any surface to generate power, Active Surfaces aims to accelerate the transition to a cleaner, more sustainable future.

AeroShield

Seed Round in 2022
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

Powerhouse

Grant in 2021
PowerHouse is a company dedicated to combating climate change by providing innovative solar energy solutions. It specializes in developing a solar energy system that overcomes the limitations of traditional deployment methods, offering versatile and aesthetically pleasing options for residential, commercial, and off-grid applications. The company's platform aims to expand the reach of renewable energy, making it more accessible and desirable for clients.

Team Solar

Grant in 2021
Team Solar increases the rate of adoption of energy saving projects such as solar. We capitalize projects for companies that would have financial barriers to do so on their own. We raise the capital for these projects from investors. Our investors get long sustainable cash flow from a completely positive, ethical, sustainable, and repeatable source.

AeroShield

Grant in 2021
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

VesprSolar

Grant in 2021
VesprSolar designs and manufactures the V-Clamp, a solar panel attachment system intended to speed installation, lower costs, and improve reliability. The system provides a universal attachment solution that enhances security, strengthens fastenings, and improves grounding for solar installations, enabling organizations to secure panels quickly and consistently. VesprSolar was founded in 2019 by Robert Sewell in Somerville, Massachusetts.

Solstice

Venture Round in 2021
Solstice facilitates shared solar energy solutions, aggregating consumer demand and connecting households with community solar projects. Founded in 2016, it aims to increase access to affordable renewable energy regardless of income or credit score.

EnergySage

Grant in 2020
EnergySage, LLC is an online marketplace based in Boston, Massachusetts, that specializes in solar and clean energy technologies for homeowners, businesses, and non-profits. Founded in 2009, the company provides a platform that enables consumers to explore a variety of energy solutions, including rooftop solar, battery storage, community solar, heat pumps, electric vehicle charging, and more. EnergySage offers educational content, analytical tools, and standardized shopping experiences, allowing users to request and compare competitive quotes from pre-screened installers. This facilitates informed decision-making and streamlines the process of selecting and installing clean energy systems, making it a valuable resource for those seeking sustainable energy alternatives.

Raptor Maps

Grant in 2020
Founded in 2015, Raptor Maps specializes in AI-driven software for solar companies. Its platform converts drone and asset data into system analytics and reports, enabling frequent data coverage through cloud computing. It offers energized PV asset solutions like aerial thermal inspection, shading analysis, and portfolio solutions. Additionally, it provides advanced construction monitoring services and customized solutions. Serving global clients such as portfolio owners, asset managers, O&M providers, EPC contractors, and independent engineers.

AeroShield

Grant in 2020
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

Sol Clarity

Grant in 2020
Sol Clarity specializes in enhancing solar panel efficiency through its self-cleaning technology. It develops transparent Electrodynamic Screen overlays that automatically remove dust from solar panels, improving energy yield without the need for water washing.

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.

Raptor Maps

Series A in 2020
Founded in 2015, Raptor Maps specializes in AI-driven software for solar companies. Its platform converts drone and asset data into system analytics and reports, enabling frequent data coverage through cloud computing. It offers energized PV asset solutions like aerial thermal inspection, shading analysis, and portfolio solutions. Additionally, it provides advanced construction monitoring services and customized solutions. Serving global clients such as portfolio owners, asset managers, O&M providers, EPC contractors, and independent engineers.

Sistine Solar

Venture Round in 2019
Sistine Solar, Inc. is a renewable energy company based in Somerville, Massachusetts, established in 2012. The company specializes in manufacturing SolarSkin, a product that camouflages solar panels to blend seamlessly with various roofing styles. Sistine Solar offers a range of customizable solar panel options, including architectural shingles, 3-tab shingles, concrete tiles, seamed metal roofs, and bespoke designs. By utilizing techniques from solar photovoltaics, color science, and cognitive sciences, Sistine Solar enables homeowners to personalize their solar installations, allowing for a harmonious integration of renewable energy solutions with the aesthetic preferences of their residences.

Solablock

Grant in 2019
SolaBlock is an innovative company that specializes in solar-clad masonry and tile wall systems, which integrate renewable energy production into the entire building envelope. By utilizing a combination of conventional concrete blocks and tiles embedded with permanent solar photovoltaic elements, SolaBlock offers a unique solution for both urban and remote locations. Its technology not only enhances energy efficiency but also provides durable features such as weather resistance, theft-proof designs, and vandal resistance. This enables building owners to take advantage of affordable building-integrated photovoltaic panels, thereby economically benefiting from renewable energy while contributing to sustainable construction practices.

INroof.solar

Grant in 2019
INroof.solar specializes in innovative solar roofing systems that seamlessly integrate solar technology into the architecture of homes. By combining premium roofing materials with a unique solar thermal collection system, INroof.solar transforms the roof into a solar panel, offering a streamlined and aesthetically pleasing appearance. Their Nor’easter solar metal roof panels are specifically designed for cool weather, featuring a smooth coating that facilitates snow shedding and can even heat the roof to melt ice when necessary. In addition to solar hot water and space heating, these panels support radiant floor heating and swimming pool heating, making them a versatile choice for various energy needs. Furthermore, INroof panels are compatible with geothermal heating systems, positioning them as a leading solution for homeowners seeking the benefits of solar energy without the conventional look of traditional solar panels.

EnergySage

Series A in 2018
EnergySage, LLC is an online marketplace based in Boston, Massachusetts, that specializes in solar and clean energy technologies for homeowners, businesses, and non-profits. Founded in 2009, the company provides a platform that enables consumers to explore a variety of energy solutions, including rooftop solar, battery storage, community solar, heat pumps, electric vehicle charging, and more. EnergySage offers educational content, analytical tools, and standardized shopping experiences, allowing users to request and compare competitive quotes from pre-screened installers. This facilitates informed decision-making and streamlines the process of selecting and installing clean energy systems, making it a valuable resource for those seeking sustainable energy alternatives.

Solstice

Convertible Note in 2018
Solstice facilitates shared solar energy solutions, aggregating consumer demand and connecting households with community solar projects. Founded in 2016, it aims to increase access to affordable renewable energy regardless of income or credit score.

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.

Ameresco

Grant in 2017
Ameresco, Inc. is an energy efficiency solutions provider operating primarily in North America and Europe. Founded in 2000 and headquartered in Framingham, Massachusetts, the company specializes in the development, design, engineering, and installation of projects that aim to reduce energy consumption and operational costs for various sectors, including governmental, educational, utility, healthcare, commercial, and industrial facilities. Ameresco's services encompass upgrades to energy infrastructure and the construction of renewable energy plants that generate electricity, gas, heat, or cooling from sustainable sources. Additionally, the company offers a range of solar energy products and systems, including photovoltaic panels, inverters, solar-powered lighting, and other essential components for both grid-connected and off-grid applications. Through its initiatives, Ameresco supports clients in achieving greater energy efficiency and sustainability.

Solect Energy

Seed Round in 2017
Solect Energy, located in Hopkinton, Massachusetts, is a prominent leader in the commercial-scale solar sector. The company specializes in providing solar energy solutions tailored for businesses, emphasizing the development, design, and implementation of solar projects that enhance sustainability and reduce energy costs. With a commitment to advancing renewable energy, Solect Energy plays a significant role in helping organizations transition to cleaner energy sources, contributing to both environmental goals and economic benefits. Through its expertise and innovative approach, the company has established itself as a key player in the growing solar energy market.

NextEra Energy

Grant in 2017
NextEra Energy is a leading U.S. energy company focused on regulated electricity delivery and large-scale renewable generation. Its regulated subsidiary Florida Power & Light is the largest rate-regulated utility in Florida, serving more than six million customer accounts and owning a substantial generation fleet. The company’s renewable arm, NextEra Energy Resources, develops and operates wind, solar, nuclear, and natural gas facilities across the United States and Canada, totaling more than 37 gigawatts of generation capacity. NextEra Energy emphasizes clean energy growth through contracted wind and solar projects and related energy infrastructure investments, aiming to provide reliable power with lower emissions. The company plays a major role in North American energy infrastructure, supporting jobs and economic activity while pursuing ongoing expansion in renewable and traditional generation to meet evolving demand.

Sunrun

Grant in 2017
Sunrun is a United States-based provider of residential solar electricity and related solar power services for homeowners. It designs, owns, and maintains solar energy systems and offers a solar service model in which customers pay for the electricity produced rather than the panels; Sunrun retains ownership of the systems and provides battery storage and related products. The company markets its offerings directly to homeowners through online and offline channels and collaborates with a network of installers and partners to deliver installations. Founded in 2007 and headquartered in San Francisco, Sunrun operates across multiple states and typically signs long-term agreements to supply power at fixed rates.

INroof.solar

Grant in 2017
INroof.solar specializes in innovative solar roofing systems that seamlessly integrate solar technology into the architecture of homes. By combining premium roofing materials with a unique solar thermal collection system, INroof.solar transforms the roof into a solar panel, offering a streamlined and aesthetically pleasing appearance. Their Nor’easter solar metal roof panels are specifically designed for cool weather, featuring a smooth coating that facilitates snow shedding and can even heat the roof to melt ice when necessary. In addition to solar hot water and space heating, these panels support radiant floor heating and swimming pool heating, making them a versatile choice for various energy needs. Furthermore, INroof panels are compatible with geothermal heating systems, positioning them as a leading solution for homeowners seeking the benefits of solar energy without the conventional look of traditional solar panels.

BrightSpot Automation

Grant in 2017
BrightSpot Automation provides the solar energy industry and photovoltaic researchers with specialized manufacturing and measurement tools.

Greentown Labs

Grant in 2016
Established in 2011, Greentown Labs offers shared workspace, prototyping facilities, and event spaces for businesses focused on climate technology, clean energy, and environmental industries. Its mission is to foster a vibrant community of entrepreneurs by providing access to resources, funding, and collaborative spaces.

EnergySage

Series A in 2015
EnergySage, LLC is an online marketplace based in Boston, Massachusetts, that specializes in solar and clean energy technologies for homeowners, businesses, and non-profits. Founded in 2009, the company provides a platform that enables consumers to explore a variety of energy solutions, including rooftop solar, battery storage, community solar, heat pumps, electric vehicle charging, and more. EnergySage offers educational content, analytical tools, and standardized shopping experiences, allowing users to request and compare competitive quotes from pre-screened installers. This facilitates informed decision-making and streamlines the process of selecting and installing clean energy systems, making it a valuable resource for those seeking sustainable energy alternatives.

Tessolar

Grant in 2015
Tessolar is a developer focused on enhancing the performance of solar photovoltaic systems while lowering installation costs. The company specializes in integrated racking products designed for the efficient installation of solar panels, catering to both rooftop and ground mount applications. By utilizing aerospace-quality composite materials, Tessolar's innovative solutions facilitate faster installations and help reduce both soft and hard costs throughout the deployment process. Through its commitment to design innovation, Tessolar aims to advance the solar industry and enhance the accessibility of renewable energy solutions.

Greentown Labs

Grant in 2014
Established in 2011, Greentown Labs offers shared workspace, prototyping facilities, and event spaces for businesses focused on climate technology, clean energy, and environmental industries. Its mission is to foster a vibrant community of entrepreneurs by providing access to resources, funding, and collaborative spaces.

SolarOne Solutions

Grant in 2014
SolarOne Solutions, Inc. is a company that specializes in the development and manufacturing of solar-powered lighting and generator systems for various applications globally. Based in Needham, Massachusetts, SolarOne provides a diverse range of products, including overhead lights for pathways, parking lots, and bus shelters, as well as landscape luminaires and solar kits designed for different mounting options. Their systems operate independently of the electric grid, utilizing solar panels as a power source, which ensures reliable operation even during power outages. This independence allows for flexible siting and easy installation, reducing the need for costly electrical infrastructure. SolarOne serves a wide array of customers, including college campuses, government laboratories, and municipalities, and markets its products through a network of representatives and dealers across the United States, Canada, and Mexico. Founded in 2004, SolarOne Solutions has established itself as a provider of effective off-grid solutions that can be implemented with minimal disruption and long-term reliability.

Greentown Labs

Grant in 2013
Established in 2011, Greentown Labs offers shared workspace, prototyping facilities, and event spaces for businesses focused on climate technology, clean energy, and environmental industries. Its mission is to foster a vibrant community of entrepreneurs by providing access to resources, funding, and collaborative spaces.

Spruce Power

Grant in 2013
Spruce Power is a company that owns and operates distributed solar energy assets across the United States. It provides subscription-based solar energy services to homeowners, serving over 52,000 customers. Its offerings generate revenue from the sale of electricity produced by home solar systems to customers, contracts to sell solar renewable energy credits (SRECs) under fixed prices, and servicing agreements for other institutional owners of home solar assets.

Bandgap Engineering

Grant in 2013
Bandgap Engineering is a company focused on advancing nanostructured technologies to enhance the performance of silicon-based photovoltaic systems and lithium-ion batteries. By developing innovative and cost-effective methods for nano-structuring silicon, Bandgap Engineering aims to improve the efficiency of solar energy systems, making them competitive with traditional energy sources. The company leverages its proprietary nanotechnology processes to create high-efficiency photovoltaic cells and high-capacity battery solutions, contributing to the broader adoption of renewable energy technologies. Through its efforts, Bandgap Engineering is positioned to drive significant advancements in energy storage and solar energy generation.

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.

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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.