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 Efficiency

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.

SYSO Technologies

Grant in 2021
SYSO Technologies clean Peak technology for energy storage assets.
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.

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.

Altus Thermal

Grant in 2020
Altus Thermal specializes in rethinking thermal energy in the home. It aims to deliver higher efficiency, greater comfort, an improved user experience, and increased benefits to the electrical grid. The company was founded in 2019 and is headquartered in Boston, Massachusetts.

PowerOptions

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

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.

E4TheFuture

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

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.
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.

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.

Ameresco

Grant in 2017
Ameresco, Inc. specializes in energy efficiency solutions for facilities across North America and Europe. The company develops, designs, engineers, and installs projects aimed at reducing energy consumption and operational costs for various sectors, including government, education, utilities, healthcare, and commercial and industrial entities. Ameresco offers a range of services that include upgrading energy infrastructure and providing renewable energy products. Its renewable energy initiatives encompass the construction of small-scale plants that generate electricity, gas, heat, or cooling from renewable sources, as well as the sale of energy produced from these facilities. Additionally, Ameresco distributes a variety of solar energy products and systems, including photovoltaic panels, solar regulators, inverters, and solar-powered equipment. Founded in 2000, the company is headquartered in Framingham, Massachusetts.

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.

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.

WattJoule

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

BrightSpot Automation

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

Ivys Energy Solutions

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

Upstream Tech

Grant in 2016
Upstream Tech conserving freshwater by powering informed water market transactions.

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

Tank Utility

Grant in 2015
With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

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.

Tessolar

Grant in 2015
Tessolar has design innovation to improve solar photovoltaic system performance and reduce installed system costs.

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.

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.

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.

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.

Syntha

Grant in 2012
Syntha is a developer of decision support software for optimizing electric power plant operations.

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.

Co-op Power

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