The 1.371 MW DC project in Plympton, Massachusetts will provide clean power and energy savings to homes and small businesses in Southeastern Massachusetts as well as the Oak Bluffs Water District on Martha’s Vineyard.
PLYMPTON, MA –MAY 22, 2017
BlueWave Solar (“BlueWave”) of MA, along with financing partners MS Solar Solutions Corp and National Bank of Arizona announced today the completion of a 1.371 MW DC community solar project on Lake Street in Plympton, MA. Known as the Lake Street project, this solar array will produce local, clean energy and generate long term electricity savings for residents, small businesses and a public water district in Southeastern Massachusetts.
As a community solar leader in Massachusetts, BlueWave developed the first two community solar projects in the Commonwealth. The Lake Street project will add to the 30 MW of community solar BlueWave has completed to date. As a result of this success, BlueWave has gained over 1,000 community solar customers. 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 Lake Street 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 private/non-profit organizations across the Commonwealth of Massachusetts.”
Covering approximately 7 acres of a 42-acre site, the Lake Street project will enable the retention of the remaining upland acreage for agricultural use, reduce carbon emissions by 1,253 tons annually, generate local tax revenue for the Town of Plympton and support the Commonwealth of Massachusetts’ clean energy and climate goals.
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. Seventy (70) homes and businesses have signed up to receive community solar shares from the Lake Street project, resulting in saving 10% on their monthly electricity bills. In addition, the Oak Bluffs Water District is the “anchor” offtaker for this project. As anchor offtaker, the Oak Bluffs Water District has contracted for approximately 400 kW DC of solar net metering credits. As a result, the Oak Bluffs Water District is furthering its sustainability goals while reducing their electricity costs and ultimately their rate-payer’s costs, with overall annual savings of approximately $12,500 a year.
“Oak Bluffs Water District is very happy to be saving on our electricity costs which directly benefits our Rate Payers,” commented Kevin Johnson, Oak Bluffs Water District Superintendent.
As one of the two BlueWave Community Solar projects in Southeastern Massachusetts (the other being BlueWave’s Mill Road project in Fairhaven), the Lake Street project has been under development with landowners Pam and Charlie Burns since 2014. In June of 2016 site preparations began and mechanical completion of the project was achieved in November of 2016. Approximately 30 local people were employed by 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 Pro-Tech Energy Solutions LLC of Moorestown, NJ, civil engineer Flaherty & Stefani and wetlands consultant Brad Holmes and the local utility, Eversource, 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 property owners, the Town of Plympton and their planning, conservation and public safety officials on permitting, access and wetlands issues.
About BlueWave Solar
BlueWave Solar (“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%.”
BlueWave has developed over 90 MW of projects delivering more than $4.75 million dollars in annual savings for customers and $208 million dollars in estimated lifetime savings over the life of contracts while reducing CO2 by 98,000 metric tons annually – the equivalent of taking 19,000 cars off the road.
BlueWave is a Certified B Corporation and was recently named to the Boston Business Journal’s 2017 Fast 50 list, recognizing the company as one of the 50 fastest growing businesses in Massachusetts.
Visit us at bluewavesolar.com to learn more. For more solar and BlueWave news follow us on social media.
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.