Local Climate Tech Company Ranked Among Top In U.S.

WESTBOROUGH, MA — State officials Wednesday lauded the close to 30 Massachusetts "clean tech" companies that made TIME Magazine's 2024 list of the top green companies in the U.S., a sector the state wants to support with millions more to grow.

Most of the state's top 28 green tech companies are located in the Boston area, and work in a variety of areas, from PFAS removal to sustainable fish farming.

The Westborough company spotlighted by TIME is Ascend Elements, which "manufactures advanced battery materials using valuable elements reclaimed from used lithium-ion batteries through their innovative Hydro-to-Cathode™ process."

Lt. Gov. Kim Driscoll, Economic Development Secretary Yvonne Hao, Energy and Environmental Affairs Secretary Rebecca Tepper, Massachusetts Clean Energy Center CEO Emily

Reichert and state Office of Climate Innovation and Resilience Chief Melissa Hoffer gave each company a citation at a ceremony in Boston Wednesday.

Gov. Maura Healey wants to invest another $1 billion to grow the green tech sector. She proposed the investment in an economic development bill filed in February.

"Massachusetts already has the foundation to be the climate innovation hub for the world – innovative incubators and start-ups and unmatched talent. Our administration is putting in the investment necessary to grow this industry to the next level, help these 28 companies continue to grow, and attract new businesses to Massachusetts," Healey said in a news release.

You can see all the Massachusetts companies included on TIME's list here.