AGP Executive Report
Last update: 2 hours agoOffshore Wind: Federal officials are seeking to reopen a key permit for the proposed 2-gigawatt New England Wind project, raising fresh uncertainty for Massachusetts clean-energy investment. Power Demand: At a regional conference, state officials and researchers urged keeping nuclear energy in the mix as New England electricity use is forecast to rise 9% by 2035. Technology: Vicor shares climbed for a second day after the Massachusetts chipmaker reported a 79% revenue jump and a growing AI data-center backlog; Boston AI firm ASI also secured $325 million at a $3 billion valuation, backed by major federal contracts. Jobs and Infrastructure: Amazon plans to hire 6,000 seasonal workers in Massachusetts, while a $130 million federal grant advances East-West Rail, with construction targeted to start in 2027. Local Economy: Encore Boston Harbor revenue fell during the ongoing casino strike, while a state tax credit has helped housing groups raise $100 million for projects from Lynn to Everett.
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