EnerNOC (ENOC), energy efficiency extraordinaire looking for it’s first profitable year (and still looking), posted a loss that was considerably smaller than what analysts had expected but greater than the year ago period after the bell today. The company posted a non GAAP loss of .45/share which was .21/share better than expectations on revenues of $19.7 (flat from a year ago)
“The fourth quarter marked a strong conclusion to an outstanding 2008, a year in … Read the rest
Now that Congress has approved the economic stimulus package (aka the American Recovery & Reinvestment Act) with Obama expected to sign it into law on Tuesday I thought I’d give a run down of what’s in this bill related to green energy initiatives.
Overall, nearly 10% of the entire bill provides funding and tax credits for green energy related projects.
* $11 billion in spending and loan guarantees to build a “smart grid” to move … Read the rest
EnerNoc (ENOC) continues to expand its demand response portfolio. About a week ago the company announced a deal with the City of Boston.
“The City of Boston is a hub of clean tech innovation, and EnerNOC is a shining example of Boston-based companies that are making an impact on the way the world uses energy. Demand response allows the City to implement smart energy saving measures and make an immediate contribution to the overall reliability … Read the rest