Welcome to our dedicated page for Ameresco news (Ticker: AMRC), a resource for investors and traders seeking the latest updates and insights on Ameresco stock.
Ameresco Inc (NYSE: AMRC) provides investors and stakeholders with timely updates on its energy efficiency initiatives and renewable energy projects through this dedicated news hub. Access press releases, financial disclosures, and operational developments from North America’s leading integrated clean technology provider.
This resource delivers consolidated access to Ameresco’s latest announcements, including quarterly earnings, solar farm deployments, and strategic partnerships. Track progress on infrastructure retrofits, federal energy contracts, and innovations in distributed generation technologies.
Key updates cover regulatory milestones, project commissioning timelines, and sustainability achievements across Ameresco’s core markets. Content is curated to serve both technical experts and general audiences, with clear explanations of industry-specific developments.
Bookmark this page for streamlined access to Ameresco’s evolving role in advancing energy security and emission reduction goals. Verify time-sensitive details directly through official filings and supplementary materials linked within articles.
Bristol City Leap (BCL), a joint venture between Bristol City Council, Ameresco, and Vattenfall Heat UK, has won the 2024 Award of Distinction for Public-Private Collaboration in Cities. The 20-year initiative aims to achieve city-scale decarbonization through £1 billion in investments, with £424 million committed by 2027.
The project includes £18 million for EV charging, £2.5 million for council buildings efficiency, solar PV and heat pump installations in schools, £57 million for social housing improvements, and an £83 million renewable energy program. These initiatives are expected to reduce carbon emissions by 140,000 tonnes and install 182 MW of renewable energy over five years.
The project will generate £61.5 million in social value, create over 1,000 local jobs, and establish a £1.5 million Community Energy Fund to address fuel poverty.
Ameresco, Inc. (NYSE: AMRC) has been awarded a £3.5 million contract to implement an innovative thin film photovoltaic (PV) solution at London Stadium. The project, part of a £4.35m climate action investment, will cover 6,500 square meters and generate approximately 0.85 million kWh of clean energy annually.
The installation faces unique challenges due to the stadium's membrane roof, requiring ultra-thin solar panels with SolarEdge optimizers and inverters. This solution will maximize energy generation while integrating with architectural constraints. The contract includes 25 years of operations and maintenance services.
London Stadium, home to West Ham United FC and UK Athletics, aims to become one of the world's most sustainable live event venues. The project will significantly reduce the stadium's carbon footprint and energy costs, powering concerts and events with on-site generated energy.
Ameresco's Pu`uloa Microgrid project, a 99 MW capacity renewable energy asset, has been selected for the U.S. Department of Energy's Grid Resilience and Innovation Partnerships (GRIP) Program. This project, developed in partnership with the U.S. Navy and Hawaiian Electric Company (HECO), aims to enhance energy resilience for Joint Base Pearl Harbor Hickam (JBPHH) and Oahu.
The microgrid will integrate smart grid technology and new electrical infrastructure to improve grid reliability. During normal conditions, it will supply clean power to the Oahu grid, while providing critical support to JBPHH during outages. The project will create approximately 40 local jobs, with 75% of construction jobs sourced locally. Ameresco will also fund various community initiatives, including workforce development scholarships and environmental cleanup efforts.
Ameresco has been awarded Frost & Sullivan's 2024 Company of the Year Award for the Energy Services Industry. The company is recognized for its cutting-edge, technology-agnostic products and services that support cost savings, decarbonization, and infrastructure upgrades. Ameresco offers a broad solution portfolio including innovations in battery energy storage systems, microgrids, solar, renewable natural gas, EV charging infrastructure, and water management.
The company's success is attributed to its unmatched project management capabilities and customer-centric philosophy, delivering challenging energy solutions on time and within budget. Ameresco's ability to consolidate technical expertise with customer-focused solutions positions it as a leader in the energy services sector. The company plans to expand its presence geographically and technologically, focusing on emerging markets like microgrid solutions and long-duration battery storage.
Ameresco, Inc. (NYSE: AMRC) announced a new project with Northeastern University to modernize the campus steam distribution system. This initiative is part of a broader effort to decarbonize the campus, enhance energy efficiency, and leverage renewable energy sources. The project involves replacing the older, less efficient low-pressure system with a high-pressure steam distribution system.
The first phase at Opera Place is already operational, while the second phase at Huntington Crossing is expected to be completed by August 2025. This upgrade aims to significantly reduce the university's carbon footprint while improving overall energy system efficiency. Ameresco also sponsored Northeastern University's 10th Annual Energy Conference, where their PV Construction Director discussed developing renewable energy projects.
Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, has announced the release of its third quarter 2024 financial results on November 7, 2024, after market close. The company will host an earnings conference call at 4:30 p.m. EDT the same day.
Investors can access the earnings press release and supplemental financial information on the company's website. To participate in the conference call, dial-in numbers are provided for USA & Canada (Toll-Free: 1-888-596-4144) and International participants (1-646-968-2525), with Conference ID: 9604248. A live webcast will be available on Ameresco's website, and an archived version will be accessible for one year.
Ameresco, Inc. (NYSE: AMRC) has announced the successful completion of renovations to the historic John Gumm building in Columbia County. The project, aimed at preserving historic infrastructure while enhancing functionality, included interior finishes, HVAC and lighting upgrades, envelope efficiency improvements, and structural enhancements. The building now serves as a centralized hub for Columbia County, housing an auditorium, Small Business Development Center, Columbia-Pacific Economic Development District, Columbia County Museum, and office space for various county departments.
The renovations have improved access to public services, supported small business growth, and offered cultural enrichment opportunities. Future plans include the addition of rooftop solar panels and battery storage, reinforcing Columbia County's commitment to sustainability and climate resilience. This project is part of a larger, multi-phase effort by Columbia County to modernize its facilities.
Ameresco, Republic Services, and PG&E have inaugurated California's largest landfill gas to renewable natural gas (RNG) plant at the Keller Canyon Landfill in Pittsburg, CA. This first-of-its-kind 11.7Mwe energy asset in the U.S. is powered by a co-located LFG-to-Electric Plant and is designed to reduce 62,000 metric tons of carbon emissions annually.
The plant can process 4,500 standard cubic feet per minute of landfill gas and is expected to deliver approximately 1 billion cubic feet of RNG annually into PG&E's gas pipeline system. This project supports California's goal of achieving 60% renewable energy by 2030 and carbon neutrality by 2045, while also advancing Republic Services' commitment to beneficially reuse 50% more of their biogas by 2030.
The Keller Canyon plant created over 80 construction jobs and is expected to sustain more than 25 operational jobs. It began commercial operations in July 2024 and is now fully operational.
Ameresco and Mountain Regional Water have completed Utah's first floating solar project at the Signal Hill Water Treatment Plant. The 587.5 KW array, developed with D3Energy and supported by a $400,000 grant from Rocky Mountain Power's Blue Sky Award program, will generate 871,086 kilowatt-hours of clean energy annually. This innovative project will:
- Offset 92% of the plant's grid energy consumption
- Reduce energy costs by 80%
- Cut carbon dioxide emissions by 609 metric tons yearly
The project demonstrates the potential of utilizing water surfaces for renewable energy production without impacting land resources. It was completed ahead of schedule, with full utility permission to operate expected by October 23, 2024.
Ameresco's LED Streetlighting Project in Memphis has been honored by the U.S. Department of Energy's 2024 Integrated Lighting Campaign in the 'Sustainability in Lighting' category. The $47 million project converted over 77,000 streetlights to advanced LED fixtures, integrating networked lighting controls. Key benefits include:
- Annual energy savings of 37 million kWh
- Reduction in greenhouse gas emissions by 26,000 metric tons
- Estimated 55% reduction in energy costs
- Enhanced public safety and smart city capabilities
The project aligns with Memphis's sustainability goals and is expected to improve quality of life while generating significant financial savings for the city.
FAQ
What is the current stock price of Ameresco (AMRC)?
What is the market cap of Ameresco (AMRC)?
