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Cision Canada
01-07-2025
- Business
- Cision Canada
Ameresco Receives Frost & Sullivan's 2025 Global Company of the Year Award for Excellence in Energy Services
Recognized for customer-centric innovation, strategic execution, and leadership in flexible, turnkey energy solutions worldwide SAN ANTONIO, July 1, 2025 /CNW/ -- Frost & Sullivan is pleased to announce that Ameresco has been awarded the 2025 Global Company of the Year Award in the energy services industry for its outstanding achievements in customer-driven innovation, strategic execution, and sustainable energy impact. This recognition highlights Ameresco's consistent leadership in delivering measurable energy performance outcomes, strengthening its position as a trusted partner in a complex and evolving global energy landscape. Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: visionary innovation and customer impact. Ameresco excelled in both, demonstrating a strong ability to align its growth strategy with dynamic customer needs while delivering consistent, scalable energy solutions across a diverse range of sectors. "Ameresco's steady focus on energy solutions integration, including solar, battery, biogas, and microgrids, gives it a clear competitive advantage in markets and regions focused on transitioning to resilient, reliable energy. Ameresco's complete solution suite spans from energy efficiency solutions to renewable energy products to generative technologies. The company is an expert in bringing products together across various industry segments, empowering value regardless of a client's specific industry, project requirements, or goals," said Lucrecia Gomez, E&E research director for Frost & Sullivan. Guided by a long-term vision focused on energy innovation, customer partnerships, and financial accessibility, Ameresco has shown exceptional agility in responding to the complex demands of today's energy landscape. The company's sustained investment in flexible financing models, project-specific engineering, and lifecycle service delivery has allowed it to effectively scale energy efficiency and energy generation solutions across North America, Europe, and emerging global markets. Innovation is central to Ameresco's differentiated approach. Its end-to-end suite of services—including energy audits, technical design, project financing, implementation, and long-term maintenance—empowers clients to optimize energy consumption without incurring significant capital expenditures. A standout element of its offering is the use of Energy Savings Performance Contracts (ESPCs), which enable clients to implement large-scale energy upgrades with guaranteed performance outcomes—often structured to be budget-neutral or even cost-saving overtime. "This recognition from Frost & Sullivan is a testament to the dedication and ingenuity of our entire Ameresco team," said George Sakellaris, President and Chief Executive Officer at Ameresco. "We remain committed to delivering transformative energy solutions that empower our customers to meet their resiliency and sustainability goals while driving long-term value." Ameresco's vendor-agnostic model enhances its ability to tailor solutions to specific project goals, energy sources, and technical environments. This independence ensures that customers receive bespoke systems engineered around their operational objectives, rather than being constrained by pre-defined products or technologies. With deep expertise across traditional and emerging energy platforms, the company helps customers—from municipalities and federal agencies to commercial and industrial clients—achieve energy savings, grid resilience, and carbon reduction targets. Frost & Sullivan commends Ameresco for setting a new standard in the energy services industry. Its ability to blend technical depth, financial innovation, and customer-centric service delivery is reshaping how energy solutions are procured, deployed, and managed on a global scale. The company's continued growth trajectory and expanding customer base reflect both the market's confidence and the proven value Ameresco delivers to its clients. Each year, Frost & Sullivan presents the Company of the Year Award to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The award recognizes forward-thinking organizations that are reshaping their industries through innovation and growth excellence. Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact: E: [email protected] About Ameresco, Inc. Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading energy solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering diversified generation solutions to Federal, state and local governments, utilities, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit
Yahoo
23-04-2025
- Business
- Yahoo
City unveils Blaisdell's new PV system
STAR-ADVERTISER Ben Sullivan 1 /2 STAR-ADVERTISER Ben Sullivan STAR-ADVERTISER Allyn Lee 2 /2 STAR-ADVERTISER Allyn Lee STAR-ADVERTISER Ben Sullivan STAR-ADVERTISER Allyn Lee To celebrate Earth Day on Tuesday, the City and County of Honolulu formally unveiled a massive installation of 4, 554 large-format photovoltaic panels to assist in powering its prime entertainment venue. Atop the third floor of the parking structure at Neal S. Blaisdell Center, Mayor Rick Blangiardi and other city officials announced completion of a four-year project that will use solar energy connected to a wall-size bank of electric batteries at the city-owned property at 777 Ward Ave. Completed in December, the solar array spans the entire upper deck of the parking structure and will provide 100 % of the Blaisdell Center's daytime power use, reduce carbon pollution and provide shaded parking for visitors, the city said. Tuesday's media event also highlighted the release on the same day of the Mayor's Office of Climate Change, Sustainability and Resiliency's 2025 Annual Sustainability Report for Oahu. That document—mandated by city law to be completed each year, with the latest report spanning calendar year 2024—outlines the progress the city says it's made in terms of city operations, climate plans, clean and affordable modes of transportation, food security, waste management and disaster preparedness. The solar project, built with oversight by the city Department of Design and Construction, included contractors installing 200 tons of steel to build the solar array. Don 't miss out on what 's happening ! Stay in touch with breaking news, as it happens, conveniently in your email inbox. It 's FREE ! Email 28141 Sign Up By clicking to sign up, you agree to Star-Advertiser 's and Google 's and. This form is protected by reCAPTCHA. 'This project represents another key step towards achieving the ambitious and essential climate goals that we track progress on every year in the annual sustainability report, ' Ben Sullivan, executive director of the Office of Climate Change, said during the morning event. Haku Milles, the city Department of Design and Construction director, said 'this huge PV canopy system ' was under a so-called energy savings performance contract 'in which we are working on various city buildings across the island.' ESPCs, according to the city, help reduce energy consumption, water use and demand on utilities. Allyn Lee, DDC's chief of mechanical and electrical division, said the ESPC contract directly involved Johnson Controls and Good Current Hawaii. 'We worked together in planning, coordinating and implementing the various energy conservation measures at over 80 city buildings, and installing over 60 photovoltaic systems to improve how we use electricity in our public buildings, ' he said. Lee said multiple ESPC projects were done in phases. 'The first phase involved various energy conservation measures in 10 city buildings that consume the highest amount of energy, ' he said. 'These buildings included the Fasi Municipal Building, the Honolulu Police Department headquarters and the Honolulu Fire Department headquarters.' Phase 1 was completed in 2022, he said. 'The resulting energy savings of nearly $2 million annually exceeded our expectations, ' Lee added. 'These savings will be used to pay for the project over a 20-year period.' The second phase involved more than 80 other city-owned buildings, he said. 'These facilities include police and fire stations, corporation yards, satellite city halls, transit facilities, municipal golf courses, the Honolulu Zoo and here at the Neal Blaisdell Center, ' Lee added. He said that during the course of construction of Phase 2, the city saved 'over $1.7 million in energy costs.' 'This phase was completed in December, ' he said. 'We are currently measuring and verifying the energy savings. We are anticipating that we will be saving another $2 million annually.' Afterward, Lee told the Honolulu Star-Advertiser the city did not pay for the PV system project's 'upfront costs ' to Johnson Controls. 'They arrange third-party financing through a local bank, ' he added. 'And then we pay the bank on an annual basis for a 20-year term to pay for the construction, but that's through the energy savings that we generate for this project.' He said, 'As far as the total cost of the projects, I can only give you a rough order of magnitude.' 'For the ESPC projects the total cost is $60 million ; however, we'll pay that off through the energy savings (and ) through rebates, ' Lee said. 'Now, the order of magnitude for the photovoltaic system is around $30 million or so.' 'So the total project is around $100 million, ' he added, 'but the good thing is it's not being paid upfront by the city.' Meanwhile, Sullivan said the city's annual sustainability report goals are 'long-standing ' and 'difficult ' to accomplish. 'One in particular that I'm thinking of is the statewide commitment to zero emissions or better by 2045, ' he said. He noted a few highlights from the sustainability report, excluding the increase in energy use as Skyline rail operations started in 2023. 'City facilities have used less grid electricity every year since 2018, every single year, accounting for a more than 20 % reduction in use over that time, ' he said. Likewise, he added that city facilities also generated 10.5 megawatt-hours of renewable energy in 2024, 'which is an 8 % increase ' from 2023. Total electricity generated by renewable sources islandwide increased by 5.6 %, 'with the largest share of that being rooftop PVs, ' he said. 'On an islandwide level per capita, water consumption decreased by 2-1 /2 %, ' he claimed. As far as transportation, he said the number of plug-in electric vehicles increased by '22 % year over year.' 'There's 25, 000 or thereabouts electric vehicles on Oahu, so that's a big, big increase, ' he asserted. He said that 'sales of Oahu's food hubs increased by 5.7 %, ' compared with the previous year. In addition, 1, 288 trees were planted on city properties, contributing over 3, 500 communitywide plantings, the city says. And in 2024, the city claims, disaster preparedness and response training was provided to over 1, 300 people on Oahu. For more information on the city's latest Annual Sustainability Report, visit.
Yahoo
13-02-2025
- Business
- Yahoo
NAESCO to Host Workshop on Building and Energy Infrastructure in the Federal Market – March 13, 2025, Washington, D.C.
WASHINGTON, February 13, 2025--(BUSINESS WIRE)--The National Association of Energy Service Companies (NAESCO) is set to host the 2025 Federal Market Workshop on March 13th, 2025, at the National Housing Center (NAHB) in Washington, D.C. This one-day event brings together federal government officials, Energy Service Companies (ESCOs), and suppliers to discuss the outlook of energy and building infrastructure projects in the federal market. Federal agency officials tasked with setting and implementing policy will give an inside look into the activity happening in agencies and at the Department of Energy (DOE). Performance-based contracts such as Energy Savings Performance Contracts (ESPCs) and Utility Energy Service Contracts (UESCs) are critical contracting methods for improving the resiliency of federal buildings and military bases. This workshop will dive into the ESPC/UESC strategies and framework agencies have built to optimize energy efficiency and ensure responsible stewardship of taxpayer resources. Networking events will take place pre- and post-event, with a pre-workshop reception on March 12th at 5:00 PM EST at The Madison and a post-event networking reception on March 13th at 4:30 PM EST in the Atrium of the National Housing Center (NAHB). To register for the event, visit 2025 NAESCO Federal Market Workshop. About The National Association of Energy Service Companies (NAESCO) The National Association of Energy Service Companies (NAESCO) is the leading advocacy and accreditation organization for Energy Service Companies (ESCOs) and is dedicated to modernizing America's building infrastructure. NAESCO unites the energy service industry by promoting favorable government policies, sponsoring a rigorous accreditation program, and providing professional training and education. NAESCO champions the interests of ESCOs across the nation. Learn more about NAESCO, its members, membership benefits, and the accreditation process at and follow NAESCO on Twitter (@NaescoNews) and LinkedIn (@naesco). View source version on Contacts Media Contact:Lucy VernascoOn behalf of Sign in to access your portfolio
