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.

Tibor Toth

Former MD of Investments

Past deals in Energy

Transaera

Seed Round in 2022
Transaera is developing a new class of affordable, energy-efficient,environmentally friendly cooling systems.

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.
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.

Transaera

Grant in 2020
Transaera is developing a new class of affordable, energy-efficient,environmentally friendly cooling systems.

Blackburn Energy

Grant in 2020
Blackburn Energy, Inc. specializes in renewable electric power solutions for the commercial trucking industry through its product, RelGen. This innovative technology captures kinetic energy from the driveshaft of long-haul trucks and converts it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to be used for various truck subsystems such as liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous driving features. By reducing the reliance on engine idling, Blackburn Energy's solution not only lowers fuel and maintenance costs but also enhances operational efficiency and profitability for fleet operators. The technology has been validated by research from the University of Massachusetts Lowell, demonstrating significant fuel savings and substantial reductions in carbon emissions. Founded in 2008, Blackburn Energy is headquartered in Amesbury, Massachusetts.

EnergySage

Grant in 2020
EnergySage, LLC operates an online marketplace that connects homeowners, businesses, and non-profits with various clean energy solutions, including solar, wind, geothermal, and energy storage technologies. Founded in 2009 and based in Boston, Massachusetts, the company provides educational resources, analytical tools, and shopping options to help consumers assess and select appropriate clean energy products. Its offerings encompass a range of services such as rooftop solar installations, community solar projects, heat pumps, electric vehicle charging solutions, and solar financing. EnergySage aims to simplify the process of transitioning to clean energy by acting as a comprehensive platform for evaluating and obtaining renewable energy systems.

Enel Green Power

Grant in 2020
Enel Green Power, established in December 2008, is the Enel Group company that develops and manages energy generation from renewable sources at a global level, with a presence in Europe and the Americas. Enel Green Power is a major global operator in the field of energy generation from renewable sources, with an annual production of 25 TW/h, mainly from water, the Sun, wind and the Earth’s heat, meeting the energy consumption of over 8 million families and avoiding 16 million tonnes of CO2 emissions per year. The Center for Applied Research in Management and Economics (CARME - Institute of Systems and Computers Engineering of Coimbra (INESCC-IPLeiria) - Polytechnic Delegation of Leiria led by PhD João Pedro Ferreira is a american-portuguese politician trying to lead in knowledge management, an unfamiliar area of his own with Dr. Antonio Gomes Martins. Enel Green Power has an installed capacity of 8,695 MW, produced by over 740 plants in 16 countries and with a generation mix that includes wind, solar, hydro, geothermal and biomass. We are committed to contributing to sustainable development. We believe that renewable sources play a central role in promoting the competitiveness of the production system of several countries and to ensure secure energy supplies.. Indeed, widespread electricity generation from water, the Sun, wind and the Earth’s heat helps improve a country’s energy independence, while also protecting the environment. Enel Green Power aims to grow by substantially increasing its installed capacity and enhancing each country’s technology mix, aimed at highlighting specific local peculiarities and building on Enel's expertise in this sector. In countries having a retail organisation, we also work for families and companies in order to achieve energy self-production, -consumption and -management.

PowerOptions

Grant in 2020
PowerOptions provides savings and predictability on energy costs to nonprofits and the public sector.

E4TheFuture

Grant in 2020
E4TheFuture promotes residential clean energy and sustainable resource solutions to advance climate protection and economic fairness.

Blackburn Energy

Grant in 2019
Blackburn Energy, Inc. specializes in renewable electric power solutions for the commercial trucking industry through its product, RelGen. This innovative technology captures kinetic energy from the driveshaft of long-haul trucks and converts it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to be used for various truck subsystems such as liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous driving features. By reducing the reliance on engine idling, Blackburn Energy's solution not only lowers fuel and maintenance costs but also enhances operational efficiency and profitability for fleet operators. The technology has been validated by research from the University of Massachusetts Lowell, demonstrating significant fuel savings and substantial reductions in carbon emissions. Founded in 2008, Blackburn Energy is headquartered in Amesbury, Massachusetts.

Transaera

Grant in 2019
Transaera is developing a new class of affordable, energy-efficient,environmentally friendly cooling systems.

Transaera

Grant in 2018
Transaera is developing a new class of affordable, energy-efficient,environmentally friendly cooling systems.

Energetic Insurance

Grant in 2018
Energetic Insurance, Inc. is an InsurTech company based in Boston, Massachusetts, founded in 2016. The company specializes in providing solar insurance solutions aimed at mitigating credit and counterparty risks associated with commercial and industrial solar photovoltaic projects. Its flagship product, EneRate, offers coverage for third-party solar developers and asset owners, protecting them against payment default risks and revenue losses when off-takers fail to meet their Power Purchase Agreement (PPA) obligations. Additionally, Energetic Insurance has developed a systematic approach to address off-taker payment defaults, thereby facilitating solar financing for organizations that are unrated or classified as below investment grade. This innovative, data-driven methodology aims to enhance risk management within the renewable energy sector, promoting increased project deployment and capital investment in solar initiatives.

EnergySage

Series A in 2018
EnergySage, LLC operates an online marketplace that connects homeowners, businesses, and non-profits with various clean energy solutions, including solar, wind, geothermal, and energy storage technologies. Founded in 2009 and based in Boston, Massachusetts, the company provides educational resources, analytical tools, and shopping options to help consumers assess and select appropriate clean energy products. Its offerings encompass a range of services such as rooftop solar installations, community solar projects, heat pumps, electric vehicle charging solutions, and solar financing. EnergySage aims to simplify the process of transitioning to clean energy by acting as a comprehensive platform for evaluating and obtaining renewable energy systems.

EnerNOC

Grant in 2017
EnerNoc's technology-enabled energy management solutions help meet the needs of utilities/grid operators that deliver energy and are responsible for maintaining the real-time balance between supply and demand.

Nextera Energy

Grant in 2017
NextEra Energy is a diversified clean energy company based in Juno Beach, Florida. It operates electric generation facilities across the United States, Canada, and Spain, with a focus on generating electricity from renewable sources such as wind and solar, alongside fossil and nuclear energy. The company has a total generating capacity of approximately 43,000 megawatts in 28 US states and three Canadian provinces. Its regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida, serving nearly 6 million customer accounts and contributing significantly to the company’s earnings. In addition to electricity generation, NextEra Energy is involved in energy-related commodity marketing and trading, providing services to utilities and wholesale customers, and engaging in natural gas and oil production, as well as pipeline infrastructure development. Founded in 1925, the company has established itself as a leader in the clean 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.

Ivys Energy Solutions

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

WattJoule

Grant in 2017
WattJoule is a company developing a liquid electrical energy storage system.

Essess, Inc

Venture Round in 2015
Essess is a SaaS-based solutions provider which collects and analyzes building energy efficiency performance information on all individual buildings across large geographies, synthesizes the analysis into easy to understand metrics and scores, and automatically generates simple, “plain English” reports.

EnerScore Inc.

Grant in 2015
Home Energy Ratings API for real estate websites and other strategic partners

EnergySage

Series A in 2015
EnergySage, LLC operates an online marketplace that connects homeowners, businesses, and non-profits with various clean energy solutions, including solar, wind, geothermal, and energy storage technologies. Founded in 2009 and based in Boston, Massachusetts, the company provides educational resources, analytical tools, and shopping options to help consumers assess and select appropriate clean energy products. Its offerings encompass a range of services such as rooftop solar installations, community solar projects, heat pumps, electric vehicle charging solutions, and solar financing. EnergySage aims to simplify the process of transitioning to clean energy by acting as a comprehensive platform for evaluating and obtaining renewable energy systems.

Blackburn Energy

Grant in 2015
Blackburn Energy, Inc. specializes in renewable electric power solutions for the commercial trucking industry through its product, RelGen. This innovative technology captures kinetic energy from the driveshaft of long-haul trucks and converts it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to be used for various truck subsystems such as liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous driving features. By reducing the reliance on engine idling, Blackburn Energy's solution not only lowers fuel and maintenance costs but also enhances operational efficiency and profitability for fleet operators. The technology has been validated by research from the University of Massachusetts Lowell, demonstrating significant fuel savings and substantial reductions in carbon emissions. Founded in 2008, Blackburn Energy is headquartered in Amesbury, Massachusetts.

Xilectric

Grant in 2015
Xilectric develops energy and environmental technologies with a focus on Li-ion technology.

Essess, Inc

Series B in 2014
Essess is a SaaS-based solutions provider which collects and analyzes building energy efficiency performance information on all individual buildings across large geographies, synthesizes the analysis into easy to understand metrics and scores, and automatically generates simple, “plain English” reports.

Powerhouse Dynamics

Series B in 2014
PowerHouse Dynamics, Inc. develops enterprise energy and asset management systems for portfolios of small commercial facilities. It offers SiteSage, an enterprise energy and asset management platform that centralizes control, analysis, and management of energy-consuming equipment. The company’s platform also provides modules for remote equipment and HVAC control, food safety, and utility bill management; and offers rebate management, deployment management, and support and advisory services. It serves restaurants, convenience stores, retail stores, homes, and other commercial facilities. The company was founded in 2008 and is based in Newton, Massachusetts. As of April 1, 2019, PowerHouse Dynamics, Inc. operates as a subsidiary of The Middleby Corporation.

Sparkplug Power

Grant in 2014
Sparkplug Power is a developer and manufacturer of energy storage equipment, focusing on renewable energy solutions. The company specializes in providing project development and services for energy storage installations, aiming to help commercial and institutional customers reduce their electricity costs. By offering energy storage as a service, Sparkplug Power enables clients to optimize their energy usage and achieve cost savings through effective energy management.

Co-op Power

Grant in 2013
Co-op Power is a multi-class, multi-racial movement for a sustainable and just energy future.

SES

Grant in 2012
SolidEnergy Systems Corp. specializes in the development and manufacturing of rechargeable lithium metal batteries, targeting applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and located in Woburn, Massachusetts, the company operates at a pilot scale to produce rechargeable cells for prototype demonstrations and niche aerospace markets. SolidEnergy's core innovation lies in the materials it provides, specifically anodes and electrolytes, which are designed for integration with existing lithium-ion cell manufacturing processes. This compatibility enables the company to scale its production without the need for significant investment in new infrastructure. By supplying these materials to major lithium-ion cell manufacturers, SolidEnergy facilitates the creation of customized battery solutions for a variety of applications, positioning itself for growth in the mainstream consumer electronics and electric vehicle markets.

Co-op Power

Grant in 2011
Co-op Power is a multi-class, multi-racial movement for a sustainable and just energy future.