The 3.7 MW DC project expands the total amount of solar developed in partnership with Knowlton Farm to 6.2 MW DC.
GRAFTON, MA –JUNE 22, 2017
BlueWave Solar (“BlueWave”) of MA, along with Paul Knowlton of Knowlton Farm and financing partners MS Solar Solutions Corp and National Bank of Arizona announced today the completion of a 3.7 MW DC solar project on Estabrook Road, in Grafton, MA. Known as the Grafton project, these solar arrays will produce local, clean energy and generate long term electricity savings for four public housing authorities, a community development authority and the City of Haverhill.
As a solar leader in Massachusetts, BlueWave has developed and built more than 100 megawatts of solar projects to date, delivering over $275 million dollars in estimated lifetime savings to our customers while reducing CO2 by 98,000 metric tons annually – the equivalent of taking 19,000 cars off the road. We work with more than 30 public entities and 1,000 community solar customers and through the Home Solar Loan program BlueWave has financed more than 500 rooftop solar systems since early 2016.
“BlueWave’s mission to make solar available to everyone, everywhere is being further realized through the Grafton project,” said Trevor Hardy, CEO of BlueWave. “Whether through our development and ownership of solar projects, acquisition of large offtakers, or through our Community Solar Share product or Home Solar Loan, we are providing access to clean, locally generated electricity at a savings to residents, small businesses, public entities and non-profit organizations across the Commonwealth of Massachusetts.”
Covering approximately 13 acres of a 66-acre site, the Grafton project will help to support Knowlton Farm’s agricultural operations, which have existed since the 1800s. The Grafton project will also reduce carbon emissions by 3,385 tons annually (the equivalent of taking 713 cars off the road), generate local tax revenue for the Town of Grafton and support the Commonwealth of Massachusetts’ clean energy and climate goals. In total, BlueWave has developed approximately 6.2 MW DC of solar on land owned by Knowlton Farm including the 3.7 MW DC Grafton project and a 2.5 MW DC project built in 2015 on an adjacent parcel.
Four public housing authorities located in Lowell, Tyngsborough, Webster and Westborough along with the Marlborough Community Development Authority and the City of Haverhill will receive electricity savings in the form of solar net metering credits from the Grafton project. Combined, these “offtakers” will save approximately $10,000,000 in electricity costs over the lifetime of their contracts, while furthering their sustainability goals.
“We are thrilled to partner with BlueWave Solar not only to take advantage of guaranteed savings in energy costs, but also to keep moving forward our efforts to Green Marlborough,” said Marlborough Mayor Arthur Vigeant, Chair of the Marlborough Community Development Authority.
The Grafton project has been under development with Paul Knowlton and Knowlton Farm since 2013. In February of 2016 site preparations began and mechanical completion of the project was achieved in June of 2016. Approximately 120 local people were employed by this project in areas including development, construction, permitting, engineering, electrical, land use and legal. In developing this project, BlueWave and engineering, procurement and construction contractor Pro-Tech Energy Solutions LLC of Moorestown, NJ along with the civil engineer, Meridian Associates, and the local utility, National Grid, took great care to ensure that the local ecosystem, land characteristics and long-term land value were protected. BlueWave and its partners worked closely with the Knowlton family and the Town of Grafton through its planning, conservation and public safety officials on permitting, access and wetlands issues.
About BlueWave Solar
BlueWave Solar (“BlueWave”) is a renewable energy company founded on a mission to make solar available to everyone, everywhere. BlueWave’s proprietary fintech platform delivers innovative, high-value products and services to its partners and customers, enabling communities and consumers to choose local, low-cost renewable power. From developing high-quality solar projects that allow customers to participate in BlueWave Community Solar, to financing residential rooftop solar with the BlueWave Home Solar Loan, BlueWave empowers its partners and installers to deliver a seamless home solar solution. That’s the BlueWave vision for a cleaner planet and our energy solution for the “100%.”
BlueWave is a Certified B Corporation and was recently recognized as one of the fastest growing private companies in Massachusetts by the Boston Business Journal. For more information visit www.bluewavesolar.com
About National Bank of Arizona
Specializing in forming one-on-one relationships, taking a big picture view of your needs and providing superb customer service, National Bank of Arizona® offers a broad suite of customized products and services for individuals and businesses—from private banking clients to foundations, nonprofits, corporate and commercial clients. Backed by the strength of Zions Bancorporation, you get the resources you need with the responsiveness and personalized service you expect from a local bank—which makes NB|AZ® the only bank you need.
National Bank of Arizona is a division of ZB, N.A., which operates in nearly 500 local financial centers across 11 Western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. ZB, N.A.’s parent company is Zions Bancorporation, which is included in the S&P 500 and NASDAQ Financial 100 indices (NASDAQ: ZION). Visit us at www.nbarizona.com and follow us on Facebook, Twitter and YouTube.
About Pro-Tech Energy Solutions
Pro-Tech Energy Solutions is a leading energy solutions company founded in 2008, delivering energy solutions to its clients on both sides of their electric meter. Pro-Tech’s Renewable Energy Division provides engineering, procurement and construction services for commercial and utility scale solar PV projects throughout the United States for commercial and government clients. Pro-Tech’s Energy Efficiency Division designs and implements energy-saving improvement projects for commercial and government clients. Pro-Tech has installed over 200MW of distributed generation and grid tied solar photovoltaic systems and was ranked 28th on Solar Power World’s 2015 list of top contractors in North America. Visit us at pro-techenergy.com and follow us on LinkedIn.