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Energy

$9M invested in energy startup

Sweetwater Energy Inc. has closed on its Series A funding round, ending up with nearly twice as much as it was looking to secure.   The Rochester-based cellulosic energy firm closed the round after raising $9 million. It had sought ...

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PSC report: RG&E failed to protect customer info

Rochester Gas and Electric Corp. and New York State Electric & Gas Corp. failed to adequately protect confidential customer information from unauthorized access by outside parties, the state Public Service Commission said Thursday.

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EnergyWise Partners gets state funding

EnergyWise Partners LLC was awarded $95,000 in state funding for its financing model for renewable energy, company officials said Monday.

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Graham gets $5M in orders from China

Graham Corp. has been awarded $5 million in new orders, the Batavia firm said Thursday. The orders span two key markets: oil refining and nuclear energy.

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Cuomo nominates First Niagara CEO to head NYPA

John Koelmel, president and CEO of First Niagara Financial Group Inc., is Gov. Andrew Cuomo’s choice to replace Perinton attorney Michael Townsend as chairman of the New York Power Authority.

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Arista Power to team up with GE on new system

Arista Power Inc. is teaming up with General Electric Co.’s energy storage business to promote and market Arista’s Power on Demand system, which will incorporate GE’s Durathon batteries.

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Emphasis on the environment grows, yielding big benefits

Kermit the Frog famously sings, "It’s not that easy being green." Yet, being green increasingly has become a go-to strategy for companies looking to be more efficient and cost-effective.   A study released by the Massachusetts Institute of Technology in ...

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Sweetwater partners with Danish biotech firm

Sweetwater Energy Inc. has formed a partnership with a Danish biotechnology company.   The Henrietta-based cellulosic sugar manufacturer announced a strategic partnership this week with BioGasol ApS.   Under the agreement, Sweetwater will use BioGasol’s pretreatment technology-called Carbofrac-as part of ...

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RG&E gave $4.7M in energy grants, incentives

Rochester Gas and Electric Corp. provided $4.7 million in energy incentives and grants to 39 companies for economic development initiatives in 2011, officials announced Thursday.

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