Top 21 Energy Storage Innovators in Massachusetts
Top 21 Energy Storage Innovators in Massachusetts
The energy storage sector in Massachusetts comprises a diverse range of companies offering cutting-edge products and services. These companies focus on providing reliable solutions, such as battery technology and systems, that store energy for use in different industries. From valve-regulated lead acid (VRLA) batteries to lithium iron phosphate (LFP), these entities cater to multiple sectors including data centers, grid, microgrid, telecom applications, and more. As the demand for renewable sources increases, numerous companies are taking revolutionary steps to develop cost-effective, multi-day energy storage systems. Such innovations are expected to rejuvenate the electric grid and drive the industry towards a sustainable future.
Top 21 energy storage companies in Massachusetts
1. MPINarada
- Website: mpinarada.com
- Headquarters: Newton, Massachusetts, United States
- Founded: 1995
- Headcount: 1001-5000
MPINarada is a reliable battery solutions company that specializes in providing valve-regulated lead acid (VRLA) and lithium iron phosphate (LFP) battery solutions for various industries. With over 25 years of industry knowledge and global energy storage deployments, they offer flexible and customized energy storage solutions for data centers, colocation, edge, battery energy storage solutions (BESS), grid, microgrid, C&I, and telecom applications.
2. Form Energy
- Website: formenergy.com
- Headquarters: Somerville, Massachusetts, United States
- Founded: 2017
- Headcount: 201-500
- Latest funding type: Grant
Form Energy is developing a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully-renewable electric grid year-round. Our pioneering battery technology will entirely reshape the global electric system and give it new form. Learn more about Form Energy at www.formenergy.com. We’re always looking for outstanding people to join our team. If you’re interested, please visit www.formenergy.com/careers.
3. Boston-Power
- Website: boston-power.com
- Headquarters: Westborough, Massachusetts, United States
- Founded: 2005
- Headcount: 501-1000
- Latest funding type: Debt Financing
Boston Power is a company that specializes in battery technologies and solutions. They offer innovative and high-performance battery products for various industries.
4. Ambri
- Website: ambri.com
- Headquarters: Marlborough, Massachusetts, United States
- Founded: 2010
- Headcount: 51-200
- Latest funding type: Series E
Ambri is a company that specializes in providing low-cost, long life, long duration, and minimal degradation energy storage solutions for carbon-free energy across each 24-hour day. Their Ambri battery systems offer consistent and responsive electrical power for transmission and distribution grid applications, as well as behind-the-meter customers with high energy demands such as data centers. With a lifespan of 20+ years and minimal fade, Ambri systems are reliable, safe, and environmentally friendly.
5. 24M Technologies
- Website: 24-m.com
- Headquarters: Cambridge, Massachusetts, United States
- Founded: 2010
- Headcount: 51-200
- Latest funding type: Grant
24M is a company that is revolutionizing the lithium-ion cell manufacturing process and platform. They provide a simpler, more reliable, and safer manufacturing process that accelerates production while lowering costs. Their technology offers disruptive improvements in cost, weight, space, recyclability, and safety.
6. FirstLight Power
- Website: firstlightpower.com
- Headquarters: Burlington, Massachusetts, United States
- Founded: 2016
- Headcount: 51-200
FirstLight Power is a leading clean power producer, developer, and energy storage company serving North America. With a diversified portfolio of renewable energy and energy storage technologies, they specialize in hybrid solutions that pair hydroelectric, pumped-hydro storage, utility-scale solar, large-scale battery, and offshore wind assets. Their mission is to accelerate the decarbonization of the electric grid and deliver a clean, reliable, affordable, and equitable electric system.
7. Rexel Energy Solutions USA
- Website: rexelenergy.com
- Headquarters: Taunton, Massachusetts, United States
- Headcount: 51-200
Rexel Energy Solutions is a company specializing in providing tailored and flexible energy solutions. They offer a range of products and services including EV charging stations, lighting and controls, HVAC and mechanical systems, battery storage, and water conservation. With a dedicated team of experts and a focus on customer satisfaction, Rexel Energy Solutions is committed to helping businesses exceed their goals in the clean energy sector.
8. Malta Inc
- Website: maltainc.com
- Headquarters: Cambridge, Massachusetts, United States
- Founded: 2018
- Headcount: 11-50
- Latest funding type: Series B
Malta Inc. offers breakthrough long duration energy storage technology that accelerates the decarbonization of the grid and economy. Their energy storage plants can repurpose fossil fuel plants, reducing carbon emissions and bringing down annual carbon dioxide emissions. They prioritize sustainability and resource efficiency in their supply chains.
9. New Leaf Energy, Inc.
- Website: newleafenergy.com
- Headquarters: Lowell, Massachusetts, United States
- Founded: 2022
- Headcount: 51-200
- Latest funding type: Acquired
New Leaf Energy specializes in identifying, optimizing, and developing utility-scale, community solar, solar plus storage, standalone storage, and community wind projects. Their team combines decades of experience and a deep understanding of regional policies and interconnection rules to mitigate risk and create value for customers.
10. Advent Technologies Holdings, Inc.
- Website: advent.energy
- Headquarters: Boston, Massachusetts, United States
- Founded: 2006
- Headcount: 51-200
- Latest funding type: Post Ipo Equity
Advent is a clean energy company specializing in fuel cell technology. They offer complete fuel cell systems that are low-cost, fuel-flexible, and resilient. Advent's fuel cells can convert hydrogen and other renewable fuels to electricity, making them ideal for power generation in various industries. With a world-class team of material scientists and electrochemists, Advent focuses on addressing clean energy challenges and decarbonizing the world.
11. altE Store
- Website: altestore.com
- Headquarters: Boxborough, Massachusetts, United States
- Founded: 1999
- Headcount: 11-50
altEstore.com is an online retailer specializing in renewable energy products and solutions. They offer a wide range of products such as solar panels, wind turbines, and energy storage systems.
12. Acelerex
- Website: acelerex.com
- Headquarters: Cambridge, Massachusetts, United States
- Founded: 2017
- Headcount: 11-50
Acelerex is a provider of SaaS-based solutions for integrating renewables, energy storage, and electric vehicles into the 21st-century power grid. They offer consulting, automation, analytics, appliances, data services, and testing/training services to developers, governments, utilities, EV charging players, resiliency solutions providers, and infrastructure investors.
13. Beacon Solar
- Website: beaconsolarma.com
- Headquarters: East Taunton, Massachusetts, United States
- Founded: 2007
- Headcount: 11-50
Beacon Solar Construction is a leading solar energy company based in Massachusetts, Rhode Island, and Southern Connecticut. They offer design consultations, troubleshooting, installation estimates, and other services related to solar power. With a focus on customer satisfaction, they provide Qmerit certified solutions and collaborate with contractors and consumers to accelerate the transition to electrification. Beacon Solar Construction is experienced in residential and commercial solar projects, as well as battery and energy storage solutions.
14. Alsym Energy
- Website: alsym.com
- Headquarters: Woburn, Massachusetts, United States
- Founded: 2015
- Headcount: 11-50
Alsym Energy is a battery technology company that offers innovative low-cost, high-performance rechargeable batteries for various applications, including stationary storage, maritime shipping, and electric vehicles. Their batteries are made from non-toxic and non-flammable materials, eliminating the risks associated with lithium-ion batteries. With performance comparable to lithium-ion at a much lower cost, Alsym Energy provides a sustainable and scalable solution for energy storage.
15. Microgrid Knowledge
- Website: microgridknowledge.com
- Headquarters: Westborough, Massachusetts, United States
- Founded: 2014
- Headcount: 1-10
- Latest funding type: Acquired
Microgrid Knowledge is a website that provides information and news in the microgrid industry, covering a variety of topics including technology, policy, and market trends.
16. EnergySage
- Website: energysage.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2009
- Headcount: 51-200
- Latest funding type: Acquired
EnergySage is a platform that helps homeowners and businesses make smart energy decisions. They provide information and resources on solar panels, energy efficiency, electric vehicles, and other clean energy options. By connecting users with qualified local companies, EnergySage enables them to save money and reduce their environmental impact.
17. Solar Wolf Energy
- Website: solarwolfenergy.com
- Headquarters: Auburn, Massachusetts, United States
- Founded: 2015
- Headcount: 201-500
Solar Wolf Energy Inc. is a full service solar company. We design, sell, furnish, install, service, warranty, and finance complete systems for your home or business. Along with solar systems we are a complete energy efficiency company that has had our attention to and performing back up battery systems since 2015. As a company we use a time tested transparent business practice in which we strive to under promise and over deliver, period. Serving from New England to Florida to Texas.
18. Madbury Capital, LLC
- Website: madburycapital.com
- Headquarters: Wakefield, Massachusetts, United States
- Founded: 2012
- Headcount: 11-50
Madbury Capital is a private investment firm that focuses on funding real estate and renewable-energy asset-intensive businesses that offer long-term recurring cash flows through capital efficiency.
19. Northeast Solar
- Website: northeast-solar.com
- Headquarters: Hatfield, Massachusetts, United States
- Founded: 2009
- Headcount: 11-50
Northeast Solar has been designing and installing solar systems for over ten years, prioritizing customer experience and sustainable homes and communities. They offer custom solar arrays, battery back-up systems, energy-efficient heat pumps, and other green technologies. They handle all paperwork and permits, ensuring a hassle-free process. Their dedication to expanding and perfecting their services and products has earned them a reputation for being a professional and reliable solar energy contractor.
20. Velerity
- Website: velerity.com
- Headquarters: South Hamilton, Massachusetts, United States
- Founded: 2001
- Headcount: 1-10
Velerity helps companies build better futures by providing assistance in four key areas: (1) Leveraged Growth Strategies - Work with executives to develop and implement growth strategies that achieve results (2) Turnarounds - Work with executives to identify goals and ambitions, understand why growth objectives are not being realized, and identify and implement solutions to break through barriers and set companies on the path to improve performance and achieve ambitions (3) Business Strategies that Work - Who do you sell to? What do you sell? Who do you compete with? and How do you win? A company's success begins with getting the voice of your customer inside your enterprise, and answering the fundamental questions as to how you are going to win before that customer. I work with customers to help them establish the voice of their prospects and customers, through telephone interviews, conference calls and face-to-face meetings with customers and prospects. Assumptions will be challenged and customers' needs made crystal clear, which lays the foundation for product, market and business success (4) Increase Profit by Reducing Energy & Communications' Costs - Work with companies to identify and integrate services and solutions that reduce capital and operating costs, and drive increased profits to the bottom line Customers include Telecommunications Companies, Energy Companies, Software Companies, Network Equipment Manufacturers, Backup Power Equipment Manufacturers, Industrial Gas Equipment Manufacturers, and Energy Equipment Manufacturers.
21. Inter-Link Group
- Website: inter-link-tech.com
- Headquarters: Kingston, Massachusetts, United States
- Headcount: 1-10
Inter-Link Group Ltd is a company that operates in the Environmental Services industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Kingston, Massachusetts.
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