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  • Ameresco Announces Several Battery Energy Storage System (BESS) Projects

    Ameresco Announces Several Battery Energy Storage System (BESS) Projects
    Battery enclosures at an Ameresco Battery Energy Storage System (BESS).

    FRAMINGHAM, MA — Cleantech integrator Ameresco, Inc., (NYSE: AMRC), has been winning contracts and partnerships to build and operate some of the largest Battery Energy Storage Systems (BESS) in North America.

    Over the past month or so, Ameresco, headquartered in Framingham, Massachusetts (USA) has announced BESS related projects in California and Colorado in the US and in Ontario Canada.

    (more…)

    News Staff

    July 13, 2023
    Business
    Ameresco, ameresco batery systems, ameresco energy, grid-tied battery storage, large battery systems
  • Framingham Retail Marijuana Price War Claims First Victim

    Framingham Retail Marijuana Price War Claims First Victim

    FRAMINGHAM, MA – Trulieve, one of the five Framingham cannabis dispensaries located on Worcester Road, (Route 9), has announced it will be closing up shop on June 30th, 2023.

    In a June 1, 2023 press release to investors Trulieve Cannabis Corp. (CSE:TRUL / OTCQX:TCNNF) a Florida based publicly traded cannabis company announced “additional measures to preserve cash and improve financial performance” then went on to list Trulieve store closings in Framingham, Northampton and Worcester, MA as well as some California and Nevada retail and wholesale markets they were exiting.

    (more…)

    News Staff

    June 5, 2023
    Business
    framingham business news, framingham cannabis, framingham dispensary, golden mile, golden triangle, marijuana, marijuana prices, route 9, rt. 9, Trulieve, union twist
  • Framingham Area Home Prices Rise Faster Than National Average

    Framingham Area Home Prices Rise Faster Than National Average

    FRAMINGHAM, MA – According to a Federal Housing Finance Agency House Price Index (FHFA HPI®) report U.S. house prices rose 4.3 percent in the year between the first quarter of 2022 and 2023 Q1.

    While U.S. home prices are still rising, the increase from 2022 Q1 to 2023 Q1 were nowhere near the jump seen in the previous year (2021 Q1 to 2022 Q1) which at 18.8% was the highest gain in the previous ten years.

    (more…)

    News Staff

    June 3, 2023
    Business, Home & Garden
    framingham home prices, framingham real estate, home prices, real estate
  • Framingham Based Ameresco Wins 2023 SEAL Award for Floating Solar Plant

    Framingham Based Ameresco Wins 2023 SEAL Award for Floating Solar Plant
    Ameresco (logo)
    Ameresco wins 2023 SEAL Environmental Initiatives Award

    FRAMINGHAM, MA — Ameresco, Inc., (NYSE: AMRC), a Framingham, MA based cleantech integrator specializing in energy efficiency and renewable energy, has been named a winner of the Environmental Initiatives Award by the SEAL Business Sustainability Awards for the second year in a row for establishing United States Southeast’s largest floating solar plant in a collaborative partnership with Duke Energy at Fort Bragg.

    Last year, Ameresco received SEAL’s 2022 Business Sustainability Award for its work at John Paul II Catholic Secondary School, which is Canada’s first carbon neutral school.

    As a winner of the Environmental Initiatives Award, Ameresco was honored for the implementation of the United States Southeast’s largest floating solar plant and Ameresco’s first-ever floating solar photovoltaic (PV) system installation.

    (more…)

    News Staff

    June 3, 2023
    Business
    Ameresco, floating pv system, floating solar panels, Nicole Bulgarino, solar energy
  • Peloton Recalls 2.2 Million Exercise Bikes Due to Fall and Injury Hazards

    Peloton Recalls 2.2 Million Exercise Bikes Due to Fall and Injury Hazards
    [phtoho] Peloton Bike Model PL01 seat post.
    Peloton Bikes Model PL01 are being recalled due to faulty seat post which may break and cause injury during use.

    FRAMINGHAM, MA — Those who own or use Peloton exercise bikes, (which can be found in many Framingham area gyms, hotels, clubs, spas, physical therapists, etc.), should be aware that Peloton has received 35 reports of the seat post breaking and detaching from the bike during use — including 13 reports of injuries including a fractured wrist, lacerations and bruises due to falling from the bike.

    (more…)

    News Staff

    May 11, 2023
    Business, Sports
    dick's sporting goods, peloton, peloton natick, peloton recall
  • Ameresco Donates Portable Power Units to Help Support Communities Impacted by Natural Disasters

    Ameresco Donates Portable Power Units to Help Support Communities Impacted by Natural Disasters
    Ameresco (logo)

    FRAMINGHAM, MA — Ameresco, Inc., (NYSE: AMRC) announced they have donated three portable power stations to the Cajun Navy Ground Force.

    The Louisiana-based non-profit organization is focused on quickly responding during and after natural disasters to help socially vulnerable and marginalized populations in crisis.

    Ameresco Solar-powered Portable Power Station – built to help vulnerable communities respond during and after natural disasters.

    As hurricanes, storms and natural disasters have become a common threat to communities everywhere, Ameresco recognized that cleantech solutions could help mitigate the devastating impact of these natural disasters. In 2021, as part of Ameresco’s ESG program, the Company committed to developing rapidly deployable portable power stations. The three units leverage clean, solar power, and will be used to combat electric outages and ease restoration efforts in impacted communities.

    “While hurricanes can impact every aspect of our power systems – including power outages, grid distribution issues, and extra energy demand – new strategies for energy resilience can play a key role in countering the negative impacts of extreme weather events. Sending these portable generators is a small example of how Ameresco is helping bridge the gaps in energy resiliency challenges while also giving to communities desperately in need,” said George Sakellaris, Ameresco CEO and President.

    Going forward, Ameresco plans to provide further relief through partnerships with emergency response organizations. By working with non-profit organizations, Ameresco can put these units to use quickly and extend its reach to impacted communities that need it the most.

    Headquartered in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and Europe. To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/.

    ###

    Source: Ameresco press release.

    News Staff

    January 24, 2023
    Business
    solar
  • Framingham Man Convicted of Wire Fraud and Money Laundering

    Framingham Man Convicted of Wire Fraud and Money Laundering

    FRAMINGHAM, MA — A federal jury in Boston convicted a Framingham man today for his role in a business email compromise (BEC) scheme.

    U.S. Attorneys District of Massachusetts (logo)

    Gustaf Njei, 27, was convicted following a five-day jury trial of two counts of wire fraud, one count of structuring to avoid reporting requirements, one count of unlawful monetary transactions, and one count of money laundering conspiracy. U.S. District Court Chief Judge F. Dennis Saylor IV scheduled sentencing for March 9, 2023. A federal grand jury indicted Njei in June 2021.

    (more…)

    News Staff

    December 10, 2022
    Business
    federal crime, fraud, Gustaf Njei, money laundering
  • MetroWest Chamber of Commerce President & CEO Stepping Down at End of Year

    MetroWest Chamber of Commerce President & CEO Stepping Down at End of Year

    FRAMINGHAM, MA — The MetroWest Chamber of Commerce recently announced that its current President and CEO, Jim Giammarinaro, will be stepping down at the end of the calendar year.

    “Earlier this year Jim informed the Board that, due to competing family and personal commitments, he would be resigning as President and CEO at the end of the year. Although the Chamber will greatly miss Jim’s leadership and steadfast presence, we respect and completely support his decision to step back from the demands of a full-time leadership position,” said Steve Levinksy, the current Board Chair.

    (more…)

    News Staff

    November 11, 2022
    Business
    chamber of commerce, Erin Lynch, Jim Giammarinaro, metrowest chamber of commerce. framingham chamber of commerce, Stephanie Hirshon, Steve Levinksy, Towma Rastad
  • TJX Recalls Baby Blankets Due to Choking, Entrapment and Strangulation Hazards

    TJX Recalls Baby Blankets Due to Choking, Entrapment and Strangulation Hazards
    Mittal International Baby Blankets sold by TJ Maxx, Homegoods and Marshalls recalled due to choking / entrapment / strangulation hazards.

    FRAMINGHAM, MA — The U.S. Consumer Product Safety Commission announced a recall of 108,000 Mittal International Baby Blankets sold in the U.S. (and in Canada) by Framingham, MA based TJX Company stores.

    The blankets are being recalled as the threads in the woven baby blankets can come loose and detach posing choking, entrapment and strangulation hazards.

    (more…)

    News Staff

    October 22, 2022
    Business
    recall, recall notice, tjx
  • Perini Management Services, Inc. Awarded Three Federal Contracts Collectively Valued at $164 Million

    Perini Management Services, Inc. Awarded Three Federal Contracts Collectively Valued at $164 Million
    [logo] tutor perini

    FRAMINGHAM, MA — Tutor Perini Corporation (NYSE: TPC) , a leading civil, building and specialty construction company (with roots in Framingham and Ashland MA going back for 1894), announced on October 19, 2022 that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded three fixed-price federal contracts collectively valued at approximately $164 million.

    (more…)

    News Staff

    October 21, 2022
    Business
    ahwahnee hotel, coast guard, framingham business, perini, puerto rico
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