January 2nd, 2010

Clean Tech Tuesday: Alteris, A123, EnerNOC Make Moves

Chris Williams

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I know, I know its not Tuesday, its Saturday. But I plan on posting this on Tuesdays from now on.

The Green Light Distrikt is not a news site but I think it’s important to keep up to date on the news. To compensate for this we’ll be posting the top 5 or so most interesting stories with a little blurb about the story, a little bit about the company or why the news is important.

The current stories are for the month of December and November and in the future it will be a weekly or bi-weekly post.

I will keep the briefs focused and based around companies, so we can keep up to date of how the industry is going around Boston.

Here’s the 5 most interest stories and a little blurb about each piece:

Riverside Partners’ Portfolio Company, Alteris Renewables, Wins Green/Environmental Deal of the Year Award

Industry sector: Finance, Solar

December 21, 2009
Alteris Renewables is headquarter in downtown Boston and they are the largest solar installer in New England. They were named one of the 500 fastest growing companies in the U.S.A by Inc Magazine by increasing there revenues over 900% in the past 5 years!

A123 Systems and SAIC Motor Form Joint Venture to Tap Growing Chinese Market for Hybrid Electric and Pure Electric Vehicles

Industry sector: Energy storage, Transportation

December 17, 2009

A123 has propriety battery technology that is going to be the engine behind any mass adoption of electric vehicles or renewable energy storage. A spin off from MIT they are currently based in Watertown. Clearly, there move to China shows they think the industry and market in China is a large opportunity. A market shift to electric vechiles will be much easier in China compared to the U.S.A because all the government will need is an edict, no more gasoline cars. I’m assuming they’re waiting until the infrastructure is ready so that the economy will not collapse.

EnerNOC Expands Energy Efficiency Capabilities through Acquisition of Cogent Energy

Industry sector: Energy efficiency, Energy service

December 9, 2009
EnerNOC is the worlds leading provider of demand response energy solutions. They sell ‘negative watts’ to utilities by reducing the electric demand of commercial and industrial clients when the grid is reaching a demand peak (the points when energy demand is equal or above energy supply, is supply is higher brownouts occur) so utilities don’t need to invest in peak production facilities which are the most costly per unit of electricity. EnerNOC went public a couple years ago but just recently became profitable. The acquisition is a sign that they’re looking to diversify from the core business while building their capacity in energy efficiency.

Will a green trade center take root in Woburn?

Industry sector: Green Building

December 2, 2009

As green building continues to grow and double governments are looking to become leaders in the area. It’ll be interesting to see what happens in Woburn.

Renewable Energy Trust Moves to Clean Energy Center

Industry sector: Government

November 25, 2009

Massachusetts energy incentives and grants used to be administered through the Renewable Energy Trust which was part of the Massachusetts Technology Collaborative. Now the money and grant will flow through the Massachusetts Clean Energy Center.

I’m curious, which of these stories is the most interesting to you?

If you have any interesting new stories about clean tech around Boston, events that we should know about don’t be shy. Send me an email or a tweet @theGLDistrikt

Happy New Year!

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Chris Williams

About Chris Williams

Chris Williams is the editor of Green Light Distrikt and Chief Marketing Officer at HeatSpring . He has experience in business development, prototyping and new venture research with a focus on geothermal heat pumps, solar thermal and solar photovoltaic technologies. Chris is an IGSHPA accredited geothermal installer and NABCEP certified solar installer. Chris is focused on solving customer facing issues in the creation and adoption of clean energy technologies and products. Chris has installed over 300kW of solar and tens of geothermal systems. He's invented the PV Pal , developed many trainings at HeatSpring, publishes the NABCEP Study Guide , the Hitchhikers Guide to Cleantech and has done due diligence research for Urgent VC . Feel free to connect with him @topherwiliams , on Linkedin , or through email about new ventures, collaborating, writing, research or whatever is on your mind.