Dover, MA Community Solar Farm Featured on “Around the Towns” show and in local publications

News story originally appearing in The Herald, Wicked Local DoverWicked Local Weymouth and the Chelmsford Independent.

DOVER, MA– Hale Reservation has partnered with BlueWave, a Boston-based solar company, to build a community solar farm on their property. Mark Sylvia sat down with Dover-Sherborn Cable TV to discuss the opening of the 1.4 megawatt Dover Community Solar Project, which will allow local homeowners to choose clean energy while saving 10 percent on their monthly electricity bills.

The project will provide homeowners and small business owners with the option to support local community solar development; it will be the first community solar project to serve Dover, and the entire Eversource northeast service territory. While only about 20 percent of homes have viable rooftops for solar, community solar allows customers to sign up for solar net metering credits (or “shares”) of clean, renewable energy generated off-site from a nearby solar farm.

Similar to a community garden, a community solar farm provides economic benefits to surrounding neighborhoods while contributing to state emissions reduction and environmental quality goals. In its first year of operation, the Dover Solar Farm is estimated to eliminate 1,200 tons of CO2 — the equivalent of taking nearly 300 vehicles off the road — along with reducing electricity bills.

The full interview can be found here.

February 7, 2017 CNBC Special Report: Solar was responsible for one in 50 new US jobs last year, says National Solar Jobs Census

http://www.cnbc.com/2017/02/07/solar-was-responsible-for-one-in-50-new-jobs-last-year-says-national-solar-jobs-census.html

CEO of Sol Systems, Yuri Horowitz predicts success for BlueWave

Sol Systems CEO Yuri Horowitz predicts success for BlueWave in his “Letter from the CEO” included in Sol Systems’ January 2017 Source: Sol Project Finance Journal.  A link to that letter is below.

http://www.solsystems.com/blog/2017/01/24/letter-from-ceo-yuri-horwitz/

 

Blue Cross Blue Shield of Massachusetts Partners with AMERESCO and BLUEWAVE to support community solar and clean air in Massachusetts

Energy credits generated from local solar projects owned by Ameresco and co-developed with BlueWave in Hopedale and Mendon, MA will reduce BCBSMA’s electricity costs, enable clean, local community solar power, and help reduce air pollution in Massachusetts. 

BOSTON, MA – JANUARY 26, 2017

Blue Cross Blue Shield of Massachusetts (Blue Cross) announced today that it has entered into a long-term agreement to purchase 2.6 megawatts (MW) of net metering credits from five community solar projects located in Hopedale and Mendon, MA. These projects, owned by Ameresco, Inc. (Ameresco) of Framingham, MA, a leading energy efficiency and renewable energy company and co-developed with BlueWave Capital, LLC (BlueWave) of Boston, MA will enable residents and businesses in the Blackstone Valley and throughout National Grid territory of Southeastern Massachusetts to lower their electricity costs and reduce carbon emissions.   Overall, these projects will comprise a total of approximately 6.9 MW of renewable power.

Net metering credits are produced by generating renewable energy from solar and applying those credits to customer utility bills, reducing a customer’s overall monthly electricity costs. The five projects will increase the amount of power generated by community solar projects in Massachusetts by an estimated 13% 1 and reduce carbon emissions by approximately 6300 metric tons, the equivalent of taking 1328 cars off the road.

“Blue Cross has committed to a 30% reduction in absolute greenhouse gases (GHG) by 2020 and to support the growth of renewable energy in Massachusetts,” said Kyle Cahill, Director of Sustainability and Environmental Health at Blue Cross. “This agreement and these projects will lead to cleaner air, reduce our electricity costs, support our local economy and help to address climate change, one of the biggest public health issues we face today.”

The Hopedale and Mendon projects represent a portfolio of community solar projects located in the Blackstone Valley region that are being built by and are owned by Ameresco, a leading independent provider of comprehensive energy efficiency and renewable energy solutions for facilities throughout North America and the United Kingdom

“We are honored to support Blue Cross, a leader in providing high-quality, affordable health care, in their efforts to positively impact the environment while creating local jobs and reducing their long-term energy costs to the benefit of their members,” said Michael T. Bakas, Senior Vice President, Ameresco Inc.  “In addition, Ameresco is excited to work with BlueWave to develop these new renewable energy projects and provide community solar shares to residents and businesses in the region.  These projects represent a great partnership between our three organizations.”

As the anchor off-taker of these projects, Blue Cross is also supporting BlueWave’s “Solar for the 100%” mission by giving nearly 200 local residents and small businesses the opportunity to reduce their electricity bills and choose local clean energy in the National Grid territory of Southeastern Massachusetts.  BlueWave, in addition to co-developing these projects is also partnering with Ameresco to provide community solar customer management services for these projects through their Community Solar Share program and Solar Management Platform (SMP).

“This partnership further demonstrates Blue Cross’ commitment to its members and its goal of being a first-rate corporate citizen.  It also reinforces BlueWave’s on-going partnership with Ameresco to develop and build locally generated, clean energy that creates jobs, meaningfully reduces GHG emissions, and generates electricity savings for our customers.  Ameresco is a national leader in developing, constructing and operating renewable energy projects and Blue Cross is a leader in providing quality healthcare to millions of people across the Commonwealth of Massachusetts. We’re proud to be working with each of them,” said John DeVillars, Chairman of BlueWave.

In March of 2016, Blue Cross announced significant progress on its 2015 sustainability goals and the launch of the company’s new 2020 sustainability goals. Learn more about Blue Cross’ 2020 sustainability efforts here.

The announcement of a customer’s entry into a project contract with Ameresco is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period, or of trends in the company’s overall total construction backlog.

  1. Estimated using data from GTM Research.

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 About Blue Cross Blue Shield of Massachusetts

Blue Cross Blue Shield of Massachusetts (www.bluecrossma.com) is a community-focused‚ tax-paying‚ not-for-profit health plan headquartered in Boston. We are the trusted health plan for more than 31‚500 Massachusetts employers and are committed to working with others in a spirit of shared responsibility to make quality health care affordable. Consistent with our corporate promise to always put our 2.8 million members first‚ we are rated among the nation’s best health plans for member satisfaction and quality.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

About BlueWave

BlueWave is a solar energy company founded on a mission to make solar available to everyone, everywhere.  Driven to transform the energy status quo, BlueWave enables communities to take control of their energy production and consumers to choose local, low-cost power through our suite of consumer solar products, including the BlueWave Community Solar Share and the BlueWave Home Solar Loan.  That’s our vision for a cleaner planet. And it’s our energy solution for the “100%”. Visit us at bluewaverenewables.com and chat with us on Twitter: @bluewavesolar to learn more.

 

Media Contact:

Blue Cross Blue Shield of Massachusetts

Rachel Coppola

617-246-4302

Rachel.coppola@bcbsma.com

Ameresco, Inc.

CarolAnn Hibbard

Vice President, Strategic Marketing and Communications

(508) 661-2264

news@ameresco.com

 BlueWave

Mark Sylvia

Managing Director – External Affairs

(508) 858-7123

msylvia@bluewave-capital.com

Hopedale South Main Street Project - Photo by Tom Holt, BlueWave
Hopedale South Main Street Project – Photo by Tom Holt, BlueWave
Mendon Milford Street Project - Photo by Tom Holt, BlueWave
Mendon Milford Street Project – Photo by Tom Holt, BlueWave
Mendon Providence Street Project, Photo by Tom Holt, BlueWave
Mendon Providence Street Project, Photo by Tom Holt, BlueWave

Ribbon cut today on BlueWave’s largest community solar project to date, one of the largest community solar projects in the Northeast

16.5 MW DC project in Oxford, Massachusetts is BlueWave’s largest community solar project and will provide clean power and energy savings to homes and small businesses as well as The Fay School and Phillips Academy Andover.

BlueWave Capital, LLC (“BlueWave”) of MA, along with financing partners MS Solar Solutions Corp, Avidia Bank of Hudson, MA, MMA Energy Capital of Baltimore MD, New Energy Capital of Hanover, NH, landowners Martin Realty Company of Auburn, MA and Brett and Dorothy Mann and local, state and federal officials cut the ribbon on a 16.5 MW assemblage of 9 solar PV arrays in Oxford, Massachusetts. Known as the Barrett Street project, this group of arrays will produce local, clean energy and generate long term electricity savings for residents, small businesses and educational institutions in Central Massachusetts and beyond.

As a community solar leader in Massachusetts, BlueWave developed the first two community solar projects in the Commonwealth.  The Barrett Street project is part of the 30 MW of community solar BlueWave will bring online in 2016. As a result of this success, BlueWave has gained close to 500 community solar customers this year. In addition to developing and owning community solar, BlueWave has developed a proprietary Solar Management Platform (SMP) to manage its Community Solar Share customers’ experience.

“BlueWave’s mission to provide ‘Solar for the 100%” is being further realized through the Barrett Street project,” said Trevor Hardy, CEO of BlueWave. “Whether through our development and ownership of community solar projects or through our Community Solar Share product or Solar Home Loan, we are providing access to clean, locally generated electricity at a savings to residents and small businesses across the Commonwealth of Massachusetts and in other states. To date, we have delivered more than $4.5 million in annual savings for customers and more than $125 million in savings over the life of contracts while reducing CO2 by 44,000 metric tons annually – the equivalent of taking 10,000 cars off the road.”

“We’re very impressed with BlueWave’s vision and execution on the Barrett Street project”, said Jeph Shaw, Vice President and Principal at New Energy Capital Partners.  “As active investors in community solar since 2012, we know that both are critical to success. We’re happy to support the project and to enable residents, businesses and schools to access clean, affordable energy.”

“By partnering with Blue Wave, we are fortunate to have the opportunity to provide financing that brings solar projects, like Barrett Street, to fruition and by extension, be an integral part of the process that helps local individuals, families and businesses lower energy costs by improving their access to alternative energy sources in the form of solar power”, said Mark R. O’Connell, President & CEO, Avidia Bank.

Located on what was once the largest commercial piggery in the Northeast, the Barrett Street project will also protect 100 acres of farmland from more intensive use and enable future agricultural use, reduce carbon emissions by 15,000 tons annually, generate local tax revenue for the Town of Oxford and create and support the Commonwealth of Massachusetts’ clean energy and climate goals.

“The Town of Oxford is honored to be part of the sustainable energy future and we welcome Blue Wave to our community”, said Town of Oxford Selectwoman Cheryll A. LeBlanc.  Oxford Selectman John G. Saad added, “We are pleased that BlueWave has chosen Oxford for its largest community solar project to date.  We look forward to cost benefits for our community.” 

Residents and small businesses will receive clean, affordable power from this local project in the form of net metering credits (“Shares”) as part of BlueWave’s Community Solar Share program. In addition, The Fay School of Southborough, MA and Phillips Academy Andover of Andover, MA are the “anchor” offtakers for this project. As anchor offtakers, The Fay School has contracted for approximately 1.625 MW DC of solar net metering credits and Phillips Academy has contracted for 6.5 MW DC of solar net metering credits, together representing more than 50% of the total output for the project.  As a result, both schools are furthering their sustainability goals while reducing their electricity costs.

“Fay School is delighted to be part of this green energy initiative,” said Rob Gustavson, Head of School at Fay School. “Our partnership with BlueWave has helped us broaden our ongoing commitment to environmental sustainability.”

As one of the largest community solar projects in Massachusetts and the Northeast, the Barrett Street project has been under development with landowners Martin Realty Company and Brett and Dorothy Mann since 2013. In March of 2016 site preparations began and mechanical completion of the assemblage was achieved in July of 2016. Approximately 150 people worked on this project in areas including development, construction, permitting, engineering, electrical, land use and legal. In developing this project, BlueWave, along with the engineering, procurement and construction contractor Conti Solar, engineering and land use partners Andrews Engineering and Survey, Fuss & O’Neil, Eco Tech, Inc., EBT Environmental, Thunderchase Environmental, Epsilon Associates, LEC Environmental, New England Environmental, Meridian, Tetra Tech, and the local utility, National Grid, took great care to ensure that the local ecosystem, land characteristics and long term agricultural value were protected. In addition to working closely with the property owners, the Towns of Oxford and Auburn and their planning, conservation and public safety officials on permitting, access and wetlands issues, BlueWave worked with National Grid to develop a combined point of interconnection through the use of directional drilling to connect multiple electrical facilities while minimizing land impacts.

“We are thrilled to have been involved in the construction of a project that so ably demonstrates the many positive impacts a solar installation can have,” said Matthew Skidmore, Vice President of Conti Solar. “Not only is the system offsetting a significant portion of the local residents and small businesses electricity but the construction process provided jobs for more than one hundred local laborers, operators, and electricians.”

“National Grid has a long history of supporting clean energy and we are pleased to have collaboratively worked with BlueWave to connect this milestone project ahead of schedule.  This is the largest community solar project installed to date in our service area,” said Kevin G. Kelly, Director, Customer Energy Integration at National Grid.  “Projects like these don’t happen without teamwork among all stakeholders.  We congratulate BlueWave in delivering another important renewable energy project.

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 About BlueWave

BlueWave is a solar energy company founded on a mission to make solar available to everyone, everywhere.  Driven to transform the energy status quo, BlueWave enables communities to take control of their energy production and consumers to choose local, low-cost power through our suite of consumer solar product, including the BlueWave Community Solar Share and the BlueWave Home Solar Loan.  That’s our vision for a cleaner planet. And it’s our energy solution for the “100%”. Visit us at bluewaverenewables.com and chat with us on Twitter: @bluewavesolar to learn more.

About MS Solar Solutions Corp.

MS Solar Solutions Corp. (MSSS) is an indirect, wholly owned subsidiary of Morgan Stanley, one of the world’s leading financial institutions. MSSS focuses on helping to develop and finance solar photovoltaic (PV) projects through strategic relationships with industry participants, including developers, suppliers, installers, governmental agencies and the community at-large.

About Avidia Bank

Avidia Bank provides state-of-the-art electronic banking capabilities to businesses and consumers across Central Massachusetts through online access and full-service branches. Avidia Bank is a $1.3 billion bank, headquartered in Hudson, MA with branches in Hudson, Westborough, Clinton, Leominster, Marlborough, Northborough and Shrewsbury. Visit us at avidiabank.com and follow us on social media including Twitter, Facebook and LinkedIn.

About New Energy Capital

New Energy Capital Partners is a private equity firm that invests in clean energy and infrastructure projects and companies. NECP manages the New Energy Capital Cleantech Infrastructure Fund and the New Energy Capital Infrastructure Credit Fund. NECP is based in Hanover, New Hampshire and has offices in Boston, Massachusetts and Denver, Colorado.

About Conti Solar

Conti Solar is an industry-leading renewable energy firm taking solar projects from development through EPC and O&M.  The company has been developing, designing, installing and operating utility and commercial scale solar energy systems for the past 10 years. Conti Solar is a member of The Conti Group, a global developer, planner, designer and builder of capital asset projects. The Conti Group has a bonding capacity of over $1 billion and delivers infrastructure, energy, environmental and industrial projects across the United States and internationally. Founded in 1906 in New Jersey, the company is well known for its entrepreneurial focus, client responsiveness and top caliber people, earning dozens of awards for project excellence and safety performance, as well as Best Place to Work designations. See www.contisolar.com.

About National Grid

National Grid (LSE: NG; NYSE: NGG) is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.

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Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities’ long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization).

For more information please visit our website at www.nationalgridus.com or follow us on Twitter, watch us on YouTube, friend us on Facebook, find our photos on Instagram.

Media Contact:

BlueWave Renewables

Mark Sylvia

Managing Director – External Affairs

(508) 858-7123 msylvia@bluewave-capital.com

 

BlueWave Community Solar Partnership with Hale Reservation appears in Wicked Local Westwood article

Originally Published in Wicked Local Westwood

November 29th, 2016

Hale partners with solar energy experts

Hale has partnered with a team of solar energy experts at BlueWave to build a solar farm on their property.

Because it is a community solar farm, locals can sign up for a community solar share of the energy, which will lower electricity bills as well as carbon footprints. Users will get a boost of solar energy at a discount and without any up-front costs.

As the community solar share is generating energy, participants receive credit on their regular utility bills as if they were generating solar energy on a rooftop. The project is expected to fill up quickly, due to its size, location and the limited number of community solar shares.

For information: halereservation.org.

BlueWave Home Solar Loan added to EnergySage’s online Solar Marketplace

EnergySage Adds Solar Loans From BlueWave, Renew Financial, and Wunder Capital to its Marketplace

Addition of new lenders into marketplace allows property owners to match their preferred financing option with their preferred installation company 

BOSTON, MA – NOVEMBER 15, 2016

To empower property owners with greater choice when evaluating their solar installation options, EnergySage is collaborating with some of the industry’s most innovative lenders for residential and commercial solar. Recent agreements with BlueWaveRenew Financial, and Wunder Capital help ensure that all quotes submitted through the EnergySage Marketplace will have a solar loan option available for consumers to consider.

As solar equipment and installation costs continue to fall, system ownership has become more accessible thanks to increasingly attractive solar loan options. Today, most solar loans quoted in the EnergySage Marketplace are conveniently offered to consumers via the installers themselves. However, since not all installers offer all loan products, some consumers may forego an installation simply due to the lack of suitable financing.

Now, solar shoppers on EnergySage are able to request specialized loan packages from BlueWave, Renew Financial, and Wunder Capital to finance their residential or commercial installations. These offers give consumers the ability to consider a lender separately from an installation company, if installer-provided financing is not a good fit.

“Homeowners have so many options right now when it comes to paying for solar,” said Larry Aller, Managing Director of Business Development and Sales at BlueWave. “Offering our Home Solar Loan product through EnergySage is an opportunity for us to access consumers that are in the market for solar and looking for financing, as well as high-quality installers that have been prescreened by EnergySage. Their Solar Marketplace advances our mission of bringing local, low-cost solar to communities and consumers.”

“We got into the commercial financing space to offer a simple solution to a hugely underserved market,” said Bryan Birsic, CEO at Wunder Capital. “Partnering with EnergySage felt like a natural fit, given both our commitments to making the solar experience smooth and simple for businesses across the U.S.”

Adding independent lenders into the Marketplace makes solar financing more like the purchase of an automobile, where consumers can get a loan either from the car dealership directly or from a bank or credit union. While some consumers prefer the bundled equipment-financing package, others prefer to unbundle their equipment selection from their financing selection.

“As the solar industry’s only transparent, online marketplace, we have the unique ability to match one consumer with multiple offers from both solar installers and lenders,” said Aaron James, VP of Network Partnerships at EnergySage. “Our data clearly shows that solar adoption increases as consumers are given more choice, and these recent agreements are all part of a broader effort to expand the pool of available options.”

Wunder Capital is offering their commercial loan nationwide, while BlueWave is offering their Home Solar Loan in Massachusetts and Renew Financial is offering their RenewPACE product in California. Qualified lenders interested in learning about how they can participate can contact Aaron James at Aaron@energysage.com for further information.

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About EnergySage, Inc.

EnergySage is the country’s leading online marketplace for solar, and the trusted source of information for over 1 million homeowners and commercial property owners across 30+ states. The company sends an estimated $600 million worth of solar installation requests annually to more than 350 pre-screened, high quality solar installation companies. The EnergySage Marketplace is unique in that it allows consumers to request and compare competing installation quotes online, unlike traditional lead-generation websites. For this reason, leading organizations like National Grid, Sierra Club, World Wildlife Fund, and Staples leverage the platform to empower their audiences as they consider adopting solar. The EnergySage formula of unbiased information, transparency and choice helps property owners go solar with confidence – at a higher rate of adoption, and lower cost. For more information, please visit EnergySage and follow us on FacebookTwitter and LinkedIn.

About BlueWave

At BlueWave, we’re on a mission to make solar energy available to everyone, everywhere so communities can take control of their energy production and consumers can choose local, low-cost power. With BlueWave’s suite of consumer solar products—including the BlueWave Community Solar Share and the BlueWave Home Solar Loan—you can cut your electric bill, lighten your carbon footprint, and connect to the future you want to see. That’s our vision for a cleaner planet. And it’s our energy solution for the 100 percent.

Visit us at bluewaverenewables.com and chat with us on Twitter to learn more.

About Wunder Capital

Wunder Capital is a financial technology company that provides financing to solar projects throughout the country. Based in Boulder, Colorado, Wunder allows accredited individuals, trusts, family offices, foundations, hedge funds and pension funds to invest in the country’s new solar infrastructure. Wunder was founded in 2013 and won the U.S. Department of Energy’s 2014 Sunshot Challenge, the COSEIA’s 2015 Summit Award and was the first solar technology company to complete the prestigious Techstars technology accelerator program. Wunder’s software-based approach is dedicated to removing logistical barriers and high costs from solar investing, passing the savings on to investors and borrowers. Visit www.WunderCapital.com.

Media Contact:

Nick Liberati
Communication Manager
EnergySage, Inc.
617.934.1047
media@energysage.com

Community Volunteers and BlueWave Team help out the Boston Red Cross Food Pantry on their busiest day of the year

Saturday, November 19, 2016 – Boston, MA

The holiday season is always a busy one at the American Red Cross Food Pantry in Roxbury, Massachusetts, and this year is no exception. On a chilly Saturday in late November, the pantry was bustling as families stopped in to get their groceries for the week leading up to Thanksgiving. A group of volunteers from BlueWave and the community handed out donated fruits, vegetables, and non-perishables. “The Boston Red Cross Food Pantry is a fantastic community institution,” says BlueWave Project Development Principal Mike Marsch. “We are proud that for the third year in a row the BlueWave team has helped to serve over 1,500 families on the Pantry’s busiest day on the year.”

The Roxbury and New Bedford pantry locations, as well as the mobile distribution services supplied by the non-profit organization, serve nearly 15,700 families across the state. In addition to the Food & Nutrition Program, the Red Cross Youth Program provides opportunities for young people to get involved with social justice issues in their communities. Red Cross provides disaster services 24/7 to families across Massachusetts.

To donate, or to learn about volunteer opportunities within your community, visit the Red Cross website at http://www.redcross.org/local/massachusetts/volunteer

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Gifts that keep on Giving: Rewarding volunteer experiences for BlueWave children and grown-ups alike

Gifts to Give is a philanthropic organization that collects, organizes, and distributes clothing and other donated materials to children in need in the Southcoast region of Massachusetts. Focused on fighting child poverty and getting children directly involved with volunteering, Gifts to Give fosters a spirit of “Tangible Philanthropy and Big Citizenship.” The organization’s nerve center is located in an old mill-turned-repurposing center in Acushnet, where over 1,000 children and 400 adults come to volunteer every month.
In October, BlueWave team members and a few young helpers spent an afternoon processing donated goods at the repurposing center. For more information on how to get involved through volunteering or gathering donations, visit the Gifts to Give website at www.giftstogive.org

Boston Magazine’s ‘A Tale of Two Rivers’ highlights work of BlueWave Co-founder and Chairman John DeVillars

Originally published in Boston Magazine
October 2016

On October 22, 1995, as rowers from around the world came to Boston to compete in the Head of the Charles Regatta, John DeVillars brooded. The river was in terrible shape and DeVillars, head of the EPA’s New England division, wanted everyone to know it. In hopes of grabbing some headlines, he issued a provocative press release stating that the Charles was “notable not for its recreational potential but for the stench of sewage.” He then boldly predicted that under his direction the EPA would resurrect the Charles River and have it fit for swimming within a decade…

Read full article here.

Town of Mendon approves cost saving solar agreement with BlueWave

Milford Daily News: Mendon selectmen agree to net metering

New Bedford Mayor Wins U.S. Conference of Mayors Climate Protection Award

Published in Solar Industry Magazine
June 27, 2016

The mayors of New Bedford, Mass., and Richmond, Va., have been named the U.S.’ top winners in the 2016 Mayors’ Climate Protection Awards, an initiative sponsored by The U.S. Conference of Mayors (USCM) and Walmart. Celebrating its 10th anniversary, this mayors’ awards program recognizes mayors for their energy and climate protection efforts, selected by an independent panel of judges from a pool of mayoral applicants.

New Bedford Mayor Jonathan F. Mitchell won first place under the “small city” category (population below 100,000), and Richmond Mayor Dwight C. Jones won first place under the “large city” category (population over 100,000).

According to the USCM, New Bedford’s solar and wind energy initiatives have established the city as a national leader. The USCM says that with more than 16 MW of solar projects having been constructed to provide power for municipal facilities, New Bedford, on a per-capita basis, has more installed solar capacity than any city in the continental U.S. As a result, utility costs to city government have been cut by nearly $1 million, with $22 million in savings projected over the next 20 years. New Bedford has also been a leader in the conversion of its municipal fleet to electric vehicles, and the city is poised to play a prominent future role in the offshore wind energy industry as wind projects now in development look to the city’s specialized port terminal as a key staging area.

“As a prominent East Coast port, New Bedford has a lot at stake when it comes to sea-level rise and climate change. That’s why I’ve always thought it is important for us to lead by example,” remarks Mitchell. “Whether it’s our nation-leading solar program or our efforts around offshore wind energy, we’ve tried to demonstrate that much can be accomplished when there is a strong local consensus and sustained commitment to big renewable energy goals. New Bedford is honored to receive this recognition for our efforts.”

Regarding Richmond, the USCM says that RVAgreen, the city’s sustainability and energy management program, makes Richmond more livable, more competitive and more resilient, while improving the economic and environmental performance of its government operations. This community-based plan was developed over a yearlong process with the input of more than 400 citizens and 65 stakeholder organizations and has five focus areas: economic development, energy, environment, open space and land use, and transportation. The USCM says the city has also developed 12 broad indicators to assess progress on its sustainability goals and the headway made in achieving the 55 sustainability initiatives that were established under RVAgreen. Accomplishments thus far include new buildings performance standards, fleet conversions to alternative fuel, expanded curbside recycling, and tree planting, among others.

“Mayors Jon Mitchell and Dwight Jones are both innovators and leaders, showing us how to confront the energy and climate protection challenges before our cities and the nation,” says Baltimore Mayor Stephanie Rawlings-Blake, president of the USCM. “As we witnessed in Paris late last year, it is the mayors who are the first responders in this global battle, whether it is reducing harmful emissions or fortifying their cities to withstand increasing threats from climatic events.”

In addition to the first-place winners, Honorable Mentions were awarded to mayors in three large cities and three small cities for their exceptional achievements in efforts to promote climate protection. More information on all of the 2016 winners is available here.

BlueWave and WinnCompanies to provide New Bedford affordable housing properties with over $500,000 in electricity savings from a Community Solar project in Fairhaven MA.

January 25, 2016, BOSTON, MA – BlueWave and WinnDevelopment’s Open Market ESCO have executed an agreement that will provide $500k in energy savings to Winn’s low-income residential communities in the Greater New Bedford area. The savings will come from net metering credits generated at BlueWave’s 1.1. MW ground-mount Community Solar project in Fairhaven, MA.

“WinnCompanies has long been committed to improving the energy efficiency of affordable housing communities and this contract provides us with an excellent opportunity to take our sustainability efforts a step further,” said Darien Crimmin, Vice President of Energy and Sustainability at WinnDevelopment. “We appreciate BlueWave’s work with Open Market ESCO because it provides tangible evidence of how multifamily properties can benefit from clean solar power.”

Under this contract, properties managed by WinnResidential will purchase net metering credits for 680,000 kWh’s annually (or 514 kWDC). This will cover a significant portion of the customer’s electricity usage and is estimated to save the properties over five-hundred thousand dollars over the 20-year life of the contract.

“WinnDevelopment’s commitment to providing affordable housing for families across the country is unwavering, and no affordable housing provider in the country has a greater commitment to sustainability. For both these reasons, we are proud to have them as a customer,” said BlueWave’s Managing Director, Aidan Foley.

The Fairhaven project is one of BlueWave’s Community Solar projects that will start generating savings for customers by March 2016. With the WinnCompanies managed properties contracted for 49% of the system’s output, the remaining net metering credits will be offered to residents in Eversource’s service area in Southeastern Massachusetts – enough energy to power 150 homes.

WinnCompanies launched Open Market ESCO in 2013 to finance innovative energy efficiency and solar retrofits for low-income housing. The program was established in part with a $5.25 million grant from the U.S. Department of Housing and Urban Development’s (HUD) Energy Innovation Fund.

With over 100MW of pipeline secured in Massachusetts and over 20 agreements signed with Housing Authorities, cities and towns, and educational institutions across the Commonwealth, BlueWave is delivering meaningful electricity savings, economic investment, and environmental benefits to communities throughout the Commonwealth.

About BlueWave

BlueWave is a solar energy company founded on a mission to protect our planet by expanding access to solar for everyone, everywhere. We are driven to transform the energy status quo—enabling communities to take control of their energy production, and consumers to choose clean, low cost power. Founded in Massachusetts, with operations around the globe, BlueWave remains committed to our founding principles: preserving the environment; honesty and transparency in everything we do; and respecting and supporting our employees, partners, and customers.

Learn more about BlueWave’s Consumer Products & Platform: www.bluewaverenewables.com
Learn about BlueWave’s Solar Project Development work: www.bluewave-capital.com

About WinnCompanies

WinnCompanies is an award-inning national property development and management company dedicated to the highest standards of excellence. WinnCompanies acquires, develops and manages multifamily, affordable, senior, mixed-income, market rate and commercial properties through its three divisions: WinnDevelopment, WinnResidential and WinnMilitary. Founded by Arthur Winn in 1971 and now operating in 23 states, it is the fifth largest multi-family housing manager and largest manager of affordable and military housing in the United States.

BlueWave, Partners with Massachusetts’ Avidia Bank to Deliver Premium Home Solar Loan Product

January 11 2016, BOSTON, MA Massachusetts homeowners looking to finance their residential solar systems now have a new premium loan product available to them from Boston-based BlueWave, a solar development and fintech company. Today, BlueWave announced the launch of its Home Solar Loan, a product that offers residents the opportunity to reduce their electricity bills by up to 50%+ with a rooftop solar installation. The product is the result of a collaboration between BlueWave, an experienced solar developer, and the fast-growing Massachusetts regional bank, Avidia.

BlueWave will distribute the loan throughout Massachusetts through its preferred solar system installer network and through its online application platform. With BlueWave’s home solar loan, applicants are approved within minutes and installer incentives guarantee systems are installed within 9 months of contract execution.

Customers can reduce their interest rate 25 basis points by having their payments made electronically from an Avidia checking account which results in a rate of 5.74%. The Avidia account is free of transaction fees and monthly service charges. In addition, a customer’s first order of basic checks are free and the account offers a robust mobile banking platform and a debit card that earns Avidia Rewards points.

Customers may open their Avidia Bank checking account by either visiting one of its branches or online at avidiabank.com.

“This loan product is a high value proposition: By providing homeowners solar energy at an affordable price and the opportunity to make an impact on climate change, it’s good for them and good for the environment. Hats off to Avidia and BlueWave’s Craig Wetmore and Chris Gosline, the architects of a terrific product,” said BlueWave’s Managing Principal, John DeVillars.

“By partnering with BlueWave, we see an opportunity to help local individuals, families and businesses lower energy costs by improving their access to alternative energy sources in the form of solar power,” said Mark O’Connell, Avidia Bank’s President and CEO.

The U.S. solar market has experienced exponential growth in recent years, and 2016 is predicted to continue the upward trend for residential installations. This explosive growth can be attributed to the drop in solar equipment costs and the 30% federal investment tax credit for system owners. Solar system owners in MA also benefit from the state’s solar renewable energy certificates that utilities purchase from solar generators to satisfy their renewable portfolio obligations. The combination of these incentives has created an ideal environment for residents to realize the economic benefits of going solar. Electricity costs in Massachusetts have risen over 25% in the past five years. The opportunity to eliminate a portion of the electricity bill is a real value proposition for all homeowners.

“Solar ownership provides homeowners with a substantial financial benefit, and we are very pleased to have installers across Massachusetts distributing this loan, helping more families turn on their own solar power. Through our partner, Avidia, customers can reduce their financing costs and access a host of specialized banking services,” said BlueWave Managing Director, Craig Wetmore.

BlueWave has played a leading role in the Massachusetts solar industry, where the company has executed solar power purchase agreements with more than 20 cities and towns, academic institutions, and affordable housing providers. The company has created 300 local engineering and construction jobs across the Commonwealth and has generated $4.5M in annual savings for its customers. This track record and development success has earned BlueWave strong endorsements from Mayors, college and school heads, and affordable housing advocates.

Over the past 2 years, BlueWave has more than doubled its staff with offices located in Boston MA, Charleston SC, Charlotte NC, South Africa and the Bahamas. Building on this momentum, BlueWave’s partnership with Avidia will help position the company to grow new markets across the U.S.

About BlueWave

BlueWave is a solar energy company founded on a mission to protect our planet by expanding access to solar for everyone, everywhere. We are driven to transform the energy status quo—enabling communities to take control of their energy production, and consumers to choose clean, low cost power. Founded in Massachusetts, with operations around the globe, BlueWave remains committed to our founding principles: preserving the environment; honesty and transparency in everything we do; and respecting and supporting our employees, partners, and customers.

Learn more about BlueWave’s consumer products & Platform: www.bluewaverenewables.com; learn more about BlueWave’s solar project development work: www.bluewave-capital.com.

About Avidia Bank

Avidia Bank provides state-of-the-art electronic banking capabilities to businesses and consumers across Central Massachusetts and beyond through online access and full-service branches. Avidia Bank is a $1.2 billion mutual bank, headquartered in Hudson, MA with branches in Hudson, Westborough, Clinton, Leominster, Marlborough, Northborough and Shrewsbury. Visit us at avidiabank.com

BlueWave Secures $100 Million from Morgan Stanley to Fund Community Solar in Massachusetts

BOSTON, Dec. 16, 2015 — BlueWave, a solar development and fintech company, headquartered in Boston, MA, and MS Solar Solutions Corp, a wholly-owned subsidiary of Morgan Stanley, one of the world’s leading financial institutions, announced today they will develop, co-invest and jointly own a Community Solar portfolio of more than 25 MW in Massachusetts scheduled for completion in 2016. The relationship with Morgan Stanley represents BlueWave’s first major financing for its Community Solar product, a product it plans to launch elsewhere in the U.S. in 2016.

BlueWave is currently in construction on Community Solar projects in Western and Southeastern Massachusetts enabling residents of those regions to now become BlueWave Community Solar members.

“A core element of BlueWave’s mission is to provide all energy consumers the opportunity to go solar and reduce both their electricity costs and their carbon footprint. For those homeowners and small businesses who can’t put solar on their rooftops, Community Solar is an incredibly valuable tool to meet that objective,” said BlueWave’s Managing Principal, John DeVillars.

BlueWave’s expansive Community Solar pipeline has been driven by the explosive growth in residential solar demand, a market where an estimated 80% of households do not have a suitable rooftop for a solar installation. BlueWave Community Solar makes renewable energy accessible for everyone.

“Morgan Stanley’s capital – and, importantly, their expertise – means that together we have the opportunity to expand quickly and strategically, not only in Massachusetts, but in other markets as well,” said BlueWave Managing Director, Craig Wetmore.

BlueWave has begun selling Community Solar memberships from projects currently in development throughout Massachusetts. The first two projects in the BlueWave & Morgan Stanley Community Solar portfolio, are located in Oxford MA and Fairhaven MA and total 2.5 MW. These projects are under construction and will begin providing savings to nearly 250 customers in March 2016.

BlueWave has played a leading role in the Massachusetts solar industry, where the company has executed solar power purchase agreements with more than 20 cities and towns, academic institutions, and affordable housing providers. The company has created 300 local engineering and construction jobs across the Commonwealth and as of December 2015 has generated $4.5M in annual savings for its customers. This track record and development success has earned BlueWave strong endorsements from Mayors, college and school heads, and affordable housing advocates.

Over the past 2 years, BlueWave has more than doubled its staff with offices located in Boston MA, Charleston SC, Charlotte NC, South Africa and the Bahamas. Building on this momentum, BlueWave’s relationship with Morgan Stanley will help position the company to grow new markets across the U.S.