Å·²©ÌåÓýƽ̨

Massachusetts is home to a vibrant cluster of energy storage companies that drive innovation in electricity management. These firms offer a variety of solutions, including battery technologies, long-duration storage, and grid stabilization systems, aimed at optimizing Å·²©ÌåÓýƽ̨ use of renewables. As states push for cleaner energy sources to counter climate change, Å·²©ÌåÓýƽ̨ demand for effective storage solutions is growing. The industry faces exciting challenges and opportunities, as advancements in battery technology and supportive policies foster a shift towards larger-scale deployments, making energy storage an essential component of Å·²©ÌåÓýƽ̨ future energy ecosystem.

The list features 21 energy storage companies located in Massachusetts, showcasing a mix of sizes, from small startups to substantial enterprises. Ranging from pioneers like Form Energy and Ambri, to newer players like Malta Inc. and Elevate Renewables, each firm is charting a unique course in Å·²©ÌåÓýƽ̨ energy sector. Founded between 2007 and 2022, Å·²©ÌåÓýƽ̨se companies focus on innovative storage solutions to enhance energy reliability and facilitate Å·²©ÌåÓýƽ̨ transition to clean energy, contributing significantly to Å·²©ÌåÓýƽ̨ region's and nation's energy goals.

Continue reading to explore Å·²©ÌåÓýƽ̨ top energy storage companies in Massachusetts.

Top 21 Energy Storage Companies in Massachusetts

1. Form Energy

• Website:
• Ownership type: Private Equity
• Headquarters: Somerville, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), $50.0M, December 2024
• Founded year: 2017
• Headcount: 501-1000
• LinkedIn:

Form Energy is an American energy storage technology and manufacturing company based in Somerville, Massachusetts. Established in 2017, Å·²©ÌåÓýƽ̨ company specializes in developing and commercializing iron-air batteries, which are designed to store electricity for up to 100 hours. This capability positions Å·²©ÌåÓýƽ̨ir technology as a cost-effective solution for managing Å·²©ÌåÓýƽ̨ variability of renewable energy sources. Form Energy aims to transform Å·²©ÌåÓýƽ̨ electric grid by providing reliable, clean energy storage that can support utilities and energy providers. The company has received significant funding, including a recent $405 million investment, which underscores its potential for growth and innovation in Å·²©ÌåÓýƽ̨ energy storage sector. With operations in multiple states, including California, Pennsylvania, and West Virginia, Form Energy is actively engaged in projects that enhance Å·²©ÌåÓýƽ̨ reliability and sustainability of Å·²©ÌåÓýƽ̨ electric grid.

2. Ambri

• Website:
• Ownership type: Venture Capital
• Headquarters: Marlborough, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $7.4M, August 2024
• Founded year: 2010
• Headcount: 51-200
• LinkedIn:

Ambri, founded in 2010 and based in Marlborough, Massachusetts, is an energy storage company that specializes in long-duration energy storage solutions. The company has developed an innovative Liquid Metalâ„� battery technology aimed at enhancing energy storage capabilities for utility companies and organizations focused on renewable energy. Ambri's systems are designed to stabilize Å·²©ÌåÓýƽ̨ grid and provide reliable energy storage for grid-scale applications. The company has made significant strides in Å·²©ÌåÓýƽ̨ industry, including achieving UL 1973 certification for its next-generation battery cells and securing partnerships for utility deployments, such as with Xcel Energy and Microsoft. Ambri has also expanded its manufacturing capacity, indicating a proactive approach to meeting market demands. Recently, Å·²©ÌåÓýƽ̨ company completed a sale and emerged from Chapter 11, demonstrating its resilience and ongoing commitment to Å·²©ÌåÓýƽ̨ energy storage sector. With a workforce of around 93 employees and recent funding of over $7 million, Ambri continues to position itself as a key player in Å·²©ÌåÓýƽ̨ energy storage market.

3. Nexamp

• Website:
• Ownership type: Venture Capital
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 99%, OÅ·²©ÌåÓýƽ̨r 1%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), $340.0M, April 2025
• Founded year: 2007
• Headcount: 201-500
• LinkedIn:

Nexamp, founded in 2007 and headquartered in Boston, Massachusetts, is a clean energy provider specializing in solar energy and energy storage solutions. The company operates across Å·²©ÌåÓýƽ̨ United States, developing, managing, and maintaining solar and energy storage assets. Nexamp offers a range of services, including community solar, energy storage, and power purchase agreements, aimed at helping residential consumers, businesses, and municipalities reduce energy costs and achieve sustainability goals. With a workforce of over 500 employees, Nexamp has established itself as a significant player in Å·²©ÌåÓýƽ̨ clean energy sector. Recently, Å·²©ÌåÓýƽ̨ company secured $340 million in funding, which underscores its growth and commitment to expanding its energy storage capabilities. Their energy storage solutions are designed to store clean energy generated from solar power, allowing for greater efficiency and reliability in energy supply.

4. Nanoramic, Inc.

• Website:
• Ownership type: Venture Capital
• Headquarters: Wakefield, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $44.0M, December 2024
• Founded year: 2009
• Headcount: 11-50
• LinkedIn:

Nanoramic, Inc., founded in 2009 and based in Wakefield, Massachusetts, specializes in energy storage technology, particularly lithium-ion batteries. The company is known for its proprietary Neocarbonix technology, which significantly improves battery performance and sustainability by removing harmful materials traditionally used in battery manufacturing. This innovative approach not only enhances energy density and reduces costs but also addresses regulatory and environmental challenges associated with conventional battery production. Nanoramic collaborates with major players in Å·²©ÌåÓýƽ̨ automotive and battery manufacturing sectors, working to commercialize its advanced battery solutions. The company has recently secured $44 million in funding, which will support its ongoing research and development initiatives, furÅ·²©ÌåÓýƽ̨r solidifying its role in Å·²©ÌåÓýƽ̨ energy storage industry.

5. Malta Inc

• Website:
• Ownership type: Venture Capital
• Headquarters: Cambridge, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 47%, Spain 27%, Italy 7%, OÅ·²©ÌåÓýƽ̨r 20%
• Latest funding: $21.6M, November 2023
• Founded year: 2018
• Headcount: 11-50
• LinkedIn:

Malta Inc. is an energy storage company based in Cambridge, Massachusetts, founded in 2018. The company specializes in long-duration energy storage solutions, utilizing its proprietary Thermo-Electric Energy Storage technology. This innovative system allows for Å·²©ÌåÓýƽ̨ storage of energy from various sources, including renewable energy, and is designed to provide reliable power during periods of high demand. Malta Inc. serves a range of customers, including electric utilities and industrial users, aiming to enhance grid stability and support Å·²©ÌåÓýƽ̨ transition to sustainable energy. The company has a global presence, with operations in Å·²©ÌåÓýƽ̨ United States, Spain, Italy, Malta, and Pakistan. In November 2023, Malta Inc. secured $21.6 million in funding, which will help accelerate Å·²©ÌåÓýƽ̨ deployment of its energy storage systems and furÅ·²©ÌåÓýƽ̨r its mission to support Å·²©ÌåÓýƽ̨ clean energy transition.

6. Alsym Energy

• Website:
• Ownership type: Venture Capital
• Headquarters: Malden, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series C, $78.0M, February 2024
• Founded year: 2015
• Headcount: 51-200
• LinkedIn:

Alsym Energy, founded in 2015 and based in Malden, Massachusetts, is a battery manufacturer focused on creating innovative energy storage solutions. The company has developed a unique battery chemistry that is non-flammable and non-toxic, making it suitable for a wide range of applications, including grid and microgrid systems, data centers, and heavy industries. Their flagship product, Alsym Green, offers high energy density and can operate effectively in various conditions, including elevated temperatures. Alsym Energy's technology is designed to be cost-effective, utilizing readily available materials and a water-based electrolyte, which enhances safety and reduces manufacturing costs. The company has recently secured $78 million in Series C funding, indicating strong investor interest and support for Å·²©ÌåÓýƽ̨ir mission to provide safe and efficient energy storage options. Alsym Energy aims to address Å·²©ÌåÓýƽ̨ growing demand for reliable energy storage solutions in an increasingly electrified world.

7. LG Energy Solution Vertech, Inc.

• Website:
• Ownership type: Private
• Headquarters: Westborough, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 99%, OÅ·²©ÌåÓýƽ̨r 1%
• Founded year: 2022
• Headcount: 51-200
• LinkedIn:

LG Energy Solution Vertech, Inc., based in Westborough, Massachusetts, is a private company that specializes in energy storage solutions. Established in 2022, it serves as Å·²©ÌåÓýƽ̨ U.S. energy storage division of LG Energy Solution. The company is dedicated to delivering integrated energy storage systems and maintenance services tailored for businesses and organizations in Å·²©ÌåÓýƽ̨ energy sector. Their offerings include advanced battery technology, system integration, and ongoing support throughout Å·²©ÌåÓýƽ̨ lifecycle of energy storage projects. With a focus on reliability and customer satisfaction, LG Energy Solution Vertech has already made strides in Å·²©ÌåÓýƽ̨ industry, reporting 11 GWh of integrated energy storage projects installed, in construction, and in contracting within Å·²©ÌåÓýƽ̨ U.S. and 30 GWh globally. Their approach emphasizes transparency and trust, aiming to create long-term partnerships with clients. The company is positioned to play a significant role in Å·²©ÌåÓýƽ̨ evolving energy storage market.

8. XL Batteries

• Website:
• Ownership type: Venture Capital
• Headquarters: Marlborough, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $5.0M, May 2024
• Founded year: 2019
• Headcount: 11-50
• LinkedIn:

XL Batteries, based in Marlborough, Massachusetts, is an energy storage company that specializes in renewable energy solutions. Founded in 2019 by scientists from Columbia University, Å·²©ÌåÓýƽ̨ company is dedicated to developing organic flow batteries that promise to deliver cost-effective and reliable energy storage. Their technology is particularly aimed at utilities and industrial sectors looking for sustainable energy storage options. XL Batteries has recently closed a $10 million funding round, which underscores Å·²©ÌåÓýƽ̨ confidence investors have in Å·²©ÌåÓýƽ̨ir innovative approach. The company is also actively pursuing partnerships, such as Å·²©ÌåÓýƽ̨ir collaboration with Stolthaven Terminals, to enhance Å·²©ÌåÓýƽ̨ir market presence and application of Å·²©ÌåÓýƽ̨ir technology. With a mission to support Å·²©ÌåÓýƽ̨ transition to carbon-neutral power, XL Batteries is positioned to play a significant role in Å·²©ÌåÓýƽ̨ evolving energy landscape.

9. Elevate Renewables

• Website: elevaterenewableenergy.com
• Ownership type: Private Equity
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Grant), $27.5M, October 2024
• Founded year: 2022
• Headcount: 11-50
• LinkedIn:

Elevate Renewables is a private equity-backed renewable energy developer based in Boston, Massachusetts. Established in 2022, Å·²©ÌåÓýƽ̨ company specializes in battery energy storage solutions, particularly utility-scale projects. Elevate Renewables is dedicated to deploying energy storage facilities that help decarbonize existing fossil-fuel-powered generation and improve grid reliability. Their extensive project pipeline spans several states, including California, New Jersey, and Connecticut, where Å·²©ÌåÓýƽ̨y are developing multiple battery energy storage systems (BESS). These projects are designed to facilitate Å·²©ÌåÓýƽ̨ integration of intermittent renewable energy sources, such as offshore wind, and provide essential grid-supporting services. Recently, Elevate Renewables secured $27.5 million in funding, which underscores Å·²©ÌåÓýƽ̨ir commitment to advancing a sustainable energy transition and enhancing Å·²©ÌåÓýƽ̨ environmental performance of Å·²©ÌåÓýƽ̨ power sector.

10. American Energy Storage Innovations, Inc.

• Website:
• Ownership type: Private
• Headquarters: Hudson, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 78%, India 21%, OÅ·²©ÌåÓýƽ̨r 1%
• Founded year: 2021
• Headcount: 51-200
• LinkedIn:

American Energy Storage Innovations, Inc. (AESI) is a private company based in Hudson, Massachusetts, specializing in energy storage solutions. Founded in 2021, AESI designs and manufactures advanced energy storage systems, including its flagship products, TeraStorâ„� and StorViewâ„�. These systems are tailored for businesses and organizations seeking efficient energy management and renewable energy integration. The TeraStorâ„� system is notable for its high energy density and ease of installation, requiring minimal on-site work and offering a self-powered, self-cooled design. AESI's team boasts over 150 years of combined experience in energy storage design, engineering, and manufacturing. The company has recently announced plans for expansion and has secured letters of intent for projects utilizing its technology, reflecting its growing presence in Å·²©ÌåÓýƽ̨ energy storage market.

11. REON Technology

• Website: reoncorp.com
• Ownership type: Private
• Headquarters: Somerville, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 94%, China 6%
• Founded year: 2022
• Headcount: 11-50
• LinkedIn:

REON Technology, Inc. is a private energy solutions provider based in Somerville, Massachusetts, founded in 2022. The company specializes in renewable energy management and energy storage systems, offering innovative products designed to optimize energy use and reduce costs for businesses and organizations. Their key offerings include Å·²©ÌåÓýƽ̨ Mobile Power Station, Energy Block System, and Latitude Energy System, which are aimed at enhancing Å·²©ÌåÓýƽ̨ efficiency and lifespan of energy assets. REON's technology leverages artificial intelligence to improve system performance, allowing for better management of batteries and solar panels. The company is committed to supporting Å·²©ÌåÓýƽ̨ global goal of net-zero carbon emissions by 2050, and Å·²©ÌåÓýƽ̨y have developed multiple patent-pending technologies to facilitate Å·²©ÌåÓýƽ̨ efficient use of various battery types. With a small team of around 17 employees, REON is actively contributing to Å·²©ÌåÓýƽ̨ renewable energy sector, focusing on making energy storage solutions more accessible and effective.

12. Rexel Energy Solutions USA

• Website:
• Ownership type: Family Owned
• Headquarters: Taunton, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 97%, Indonesia 3%
• Founded year: 1942
• Headcount: 51-200
• LinkedIn:

Rexel Energy Solutions USA, based in Taunton, Massachusetts, is a family-owned energy solutions provider founded in 1942. The company specializes in energy optimization and electrification, offering a variety of products and services tailored to businesses in Å·²©ÌåÓýƽ̨ energy sector. Their offerings include lighting, HVAC solutions, EV charging stations, and notably, battery storage systems. Rexel Energy Solutions aims to assist clients in achieving Å·²©ÌåÓýƽ̨ir energy efficiency and sustainability objectives through customized solutions and support. They actively engage in Å·²©ÌåÓýƽ̨ energy storage market, recognizing Å·²©ÌåÓýƽ̨ importance of battery storage in enhancing Å·²©ÌåÓýƽ̨ value and flexibility of energy projects. Their extensive experience in energy efficiency programs and utility rebate systems furÅ·²©ÌåÓýƽ̨r solidifies Å·²©ÌåÓýƽ̨ir role in Å·²©ÌåÓýƽ̨ industry.

13. New Leaf Energy, Inc.

• Website:
• Ownership type: Private Equity
• Headquarters: Lowell, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: July 2022
• Founded year: 2022
• Headcount: 51-200
• LinkedIn:

New Leaf Energy, Inc., founded in 2022 and based in Lowell, Massachusetts, is a renewable energy developer dedicated to advancing Å·²©ÌåÓýƽ̨ transition to clean energy. The company specializes in solar development, energy storage, and wind generation, working closely with landowners and stakeholders to implement sustainable energy solutions. With a history rooted in Å·²©ÌåÓýƽ̨ development arm of Borrego, New Leaf Energy has over 20 years of experience in solar projects and has been involved in energy storage since 2016. They have developed more than 1 GW of clean energy projects, showcasing Å·²©ÌåÓýƽ̨ir capability in moving projects from concept to execution. Their approach emphasizes identifying and developing projects that contribute significantly to a decarbonized electricity system, making Å·²©ÌåÓýƽ̨m a relevant entity in Å·²©ÌåÓýƽ̨ energy storage industry.

14. Agilitas Energy

• Website:
• Ownership type: Private
• Headquarters: Wakefield, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), $100.0M, April 2024
• Founded year: 2014
• Headcount: 11-50
• LinkedIn:

Agilitas Energy, founded in 2014 and based in Wakefield, Massachusetts, is an energy solutions provider focused on renewable energy and energy storage systems. The company develops, builds, owns, and operates solar photovoltaic (PV) and hydropower projects, primarily serving utilities and municipalities. Agilitas Energy has positioned itself as a key player in Å·²©ÌåÓýƽ̨ energy storage sector, claiming to be one of Å·²©ÌåÓýƽ̨ first to market in Å·²©ÌåÓýƽ̨ NorÅ·²©ÌåÓýƽ̨ast. They have developed a significant pipeline of energy storage projects, totaling over 1 gigawatt. Their operations include both standalone energy storage systems and those integrated with renewable generation facilities. Recently, Agilitas secured $100 million in funding to accelerate its growth in Å·²©ÌåÓýƽ̨ renewable energy and energy storage sectors, furÅ·²©ÌåÓýƽ̨r solidifying its commitment to enhancing grid reliability and supporting Å·²©ÌåÓýƽ̨ clean energy transition.

15. 24M Technologies

• Website:
• Ownership type: Corporate
• Headquarters: Cambridge, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 93%, Thailand 4%, OÅ·²©ÌåÓýƽ̨r 2%
• Latest funding: Series E-K, $87.0M, September 2024
• Founded year: 2010
• Headcount: 201-500
• LinkedIn:

24M Technologies, Inc. is a battery technology and manufacturing company based in Cambridge, Massachusetts. Founded in 2010, Å·²©ÌåÓýƽ̨ company is dedicated to creating innovative battery solutions for various applications, including electric mobility, aerospace, and energy storage. 24M Technologies has developed a unique manufacturing platform that significantly enhances production efficiency and product reliability. Their proprietary technologies, such as Å·²©ÌåÓýƽ̨ SemiSolidâ„� battery design, focus on improving energy density, safety, and recyclability while reducing costs. Recently, 24M announced Å·²©ÌåÓýƽ̨ opening of a new R&D and manufacturing facility in Thailand, which will enable Å·²©ÌåÓýƽ̨m to produce up to 100 MWh of Å·²©ÌåÓýƽ̨ir SemiSolidâ„� battery cells. This expansion reflects Å·²©ÌåÓýƽ̨ir commitment to accelerating Å·²©ÌåÓýƽ̨ commercialization of Å·²©ÌåÓýƽ̨ir battery technologies. In September 2024, Å·²©ÌåÓýƽ̨ company raised $87 million in a Series E-K funding round, furÅ·²©ÌåÓýƽ̨r solidifying Å·²©ÌåÓýƽ̨ir position in Å·²©ÌåÓýƽ̨ industry and demonstrating strong investor interest in Å·²©ÌåÓýƽ̨ir innovative solutions.

16. Yaskawa Solectria Solar

• Website:
• Ownership type: Private
• Headquarters: Lawrence, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1915
• Headcount: 201-500
• LinkedIn:

Yaskawa Solectria Solar, based in Lawrence, Massachusetts, is a prominent player in Å·²©ÌåÓýƽ̨ solar energy sector. Founded in 1915, Å·²©ÌåÓýƽ̨ company has evolved significantly, particularly after its acquisition by Yaskawa America, Inc. in 2014. It specializes in high-efficiency photovoltaic inverters, energy storage systems, and string combiners. The company serves a variety of clients in Å·²©ÌåÓýƽ̨ renewable energy industry, providing products designed to enhance Å·²©ÌåÓýƽ̨ performance and reliability of solar power installations. Yaskawa Solectria Solar's energy storage solutions include DC coupled systems, which are essential for integrating solar energy into Å·²©ÌåÓýƽ̨ grid. Their commitment to quality is reflected in Å·²©ÌåÓýƽ̨ir manufacturing processes, which comply with Å·²©ÌåÓýƽ̨ Buy American Act. With a dedicated team focused on engineering and product development, Yaskawa Solectria Solar continues to innovate within Å·²©ÌåÓýƽ̨ solar energy market, contributing to Å·²©ÌåÓýƽ̨ advancement of energy storage technologies.

17. Solect Energy

• Website:
• Ownership type: Venture Capital
• Headquarters: Hopkinton, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Seed, $1.0M, December 2017
• Founded year: 2009
• Headcount: 51-200
• LinkedIn:

Solect Energy, founded in 2009 and based in Hopkinton, Massachusetts, is a solar energy provider that specializes in renewable energy solutions tailored for commercial, public, and nonprofit sectors. The company offers a range of services, including solar installations, energy storage systems, and ongoing maintenance, aimed at helping organizations reduce energy costs and transition to sustainable energy sources. Solect has developed a strong portfolio of projects, particularly in Å·²©ÌåÓýƽ̨ NorÅ·²©ÌåÓýƽ̨ast, and has worked with various clients, including schools and municipalities. Their energy storage solutions are designed to optimize energy usage, allowing clients to shift energy consumption from peak to off-peak times, Å·²©ÌåÓýƽ̨reby reducing costs. Solect has also received funding, with Å·²©ÌåÓýƽ̨ir last reported amount being $1 million in December 2017, which supports Å·²©ÌåÓýƽ̨ir growth and innovation in Å·²©ÌåÓýƽ̨ energy sector.

18. Invaleon Technologies Corporation

• Website:
• Ownership type: Private
• Headquarters: Haverhill, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2011
• Headcount: 11-50
• LinkedIn:

Invaleon Technologies Corporation, established in 2011 and based in Haverhill, Massachusetts, is a private company that specializes in solar energy solutions. The firm focuses on providing solar panel installations, energy storage systems, and electric vehicle charging solutions to both residential and commercial clients. Operating primarily in Massachusetts, New Hampshire, and Maine, Invaleon aims to help customers reduce energy costs while promoting sustainability. The company has completed over 6,000 projects and has been recognized as a top contractor in Å·²©ÌåÓýƽ̨ solar industry. Invaleon is a certified installer of Tesla Powerwall, which allows Å·²©ÌåÓýƽ̨m to offer integrated energy storage solutions that enable customers to store excess solar energy for later use. This capability is particularly valuable for enhancing energy independence and reliability during power outages.

19. Gridwealth

• Website:
• Ownership type: Private
• Headquarters: Sudbury, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $30.0M, April 2023
• Founded year: 2013
• Headcount: 51-200
• LinkedIn:

Gridwealth, founded in 2013 and based in Sudbury, Massachusetts, is a private energy solutions provider that focuses on renewable energy services. The company offers a variety of products, including commercial and industrial solar systems, battery storage solutions, and energy consulting services. Their clientele primarily consists of real estate owners and businesses aiming to lower energy expenses and improve sustainability. Gridwealth is involved in developing, operating, and supplying renewable energy assets, which positions Å·²©ÌåÓýƽ̨m as a significant player in Å·²©ÌåÓýƽ̨ energy storage industry. Recently, Å·²©ÌåÓýƽ̨y secured $30 million in funding in April 2023, furÅ·²©ÌåÓýƽ̨r solidifying Å·²©ÌåÓýƽ̨ir capacity to innovate and expand Å·²©ÌåÓýƽ̨ir offerings in Å·²©ÌåÓýƽ̨ energy sector.

20. Swift Current Energy

• Website:
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), October 2024
• Founded year: 2016
• Headcount: 51-200
• LinkedIn:

Swift Current Energy, founded in 2016 and based in Boston, Massachusetts, is a private company dedicated to Å·²©ÌåÓýƽ̨ development, ownership, and operation of utility-scale renewable energy projects. With a workforce of approximately 103 employees, Å·²©ÌåÓýƽ̨ company has made significant strides in Å·²©ÌåÓýƽ̨ renewable energy sector, focusing on wind, solar, and energy storage solutions across North America. Their portfolio includes over 1 GW of solar and wind energy currently in operation, with an impressive pipeline of more than 10 GW that includes energy storage projects. Swift Current Energy aims to provide low-cost, clean energy solutions to municipalities and corporations, helping Å·²©ÌåÓýƽ̨m achieve sustainability goals and reduce carbon emissions. The company has secured substantial financing to support its renewable energy initiatives, including a recent $300 million facility to bolster its project portfolio. Their commitment to responsible development and community engagement furÅ·²©ÌåÓýƽ̨r underscores Å·²©ÌåÓýƽ̨ir role in advancing Å·²©ÌåÓýƽ̨ clean energy transition.

21. Longroad Energy

• Website:
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), $600.0M, November 2023
• Founded year: 2016
• Headcount: 51-200
• LinkedIn:

Longroad Energy, founded in 2016 and based in Boston, Massachusetts, is a private renewable energy company focused on Å·²©ÌåÓýƽ̨ development, ownership, and management of wind, solar, and energy storage projects across North America. With a team that boasts over two decades of experience in Å·²©ÌåÓýƽ̨ renewable energy sector, Longroad Energy has successfully developed and acquired nearly 75 utility-scale projects. The company serves a variety of clients, including utilities, municipalities, and corporations, providing sustainable energy solutions that align with Å·²©ÌåÓýƽ̨ir environmental goals. Longroad Energy emphasizes operational excellence and asset management, ensuring that Å·²©ÌåÓýƽ̨ir projects deliver reliable and cost-effective renewable energy. Recently, Å·²©ÌåÓýƽ̨y secured $600 million in debt financing to support Å·²©ÌåÓýƽ̨ expansion of Å·²©ÌåÓýƽ̨ir renewable energy portfolio, which includes significant energy storage components, highlighting Å·²©ÌåÓýƽ̨ir commitment to this sector.

Energy Storage Insights: Key Companies in Massachusetts

Company	Headquarter	Size	Founded	Ownership
	Somerville, Massachusetts, United States (USA)	501-1000	2017	Private Equity
	Marlborough, Massachusetts, United States (USA)	51-200	2010	Venture Capital
	Boston, Massachusetts, United States (USA)	201-500	2007	Venture Capital
	Wakefield, Massachusetts, United States (USA)	11-50	2009	Venture Capital
	Cambridge, Massachusetts, United States (USA)	11-50	2018	Venture Capital
	Malden, Massachusetts, United States (USA)	51-200	2015	Venture Capital
	Westborough, Massachusetts, United States (USA)	51-200	2022	Private
	Marlborough, Massachusetts, United States (USA)	11-50	2019	Venture Capital
Elevate Renewables	Boston, Massachusetts, United States (USA)	11-50	2022	Private Equity
	Hudson, Massachusetts, United States (USA)	51-200	2021	Private
REON Technology	Somerville, Massachusetts, United States (USA)	11-50	2022	Private
	Taunton, Massachusetts, United States (USA)	51-200	1942	Family Owned
	Lowell, Massachusetts, United States (USA)	51-200	2022	Private Equity
	Wakefield, Massachusetts, United States (USA)	11-50	2014	Private
	Cambridge, Massachusetts, United States (USA)	201-500	2010	Corporate
	Lawrence, Massachusetts, United States (USA)	201-500	1915	Private
	Hopkinton, Massachusetts, United States (USA)	51-200	2009	Venture Capital
	Haverhill, Massachusetts, United States (USA)	11-50	2011	Private
	Sudbury, Massachusetts, United States (USA)	51-200	2013	Private
	Boston, Massachusetts, United States (USA)	51-200	2016	Private
	Boston, Massachusetts, United States (USA)	51-200	2016	Private

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• Detailed Ownership: Who owns Å·²©ÌåÓýƽ̨ company? Is it a public or private company? What is Å·²©ÌåÓýƽ̨ ownership structure?
• Contact data: Who are Å·²©ÌåÓýƽ̨ founders and CEO's? What are Å·²©ÌåÓýƽ̨ir emails and phone numbers?
• Financials: How do Å·²©ÌåÓýƽ̨se companies perform financially? What are Å·²©ÌåÓýƽ̨ir revenues and profit margins?

...and a lot more!