Ameresco, BlueWave Solar and State and Local Officials Celebrate 16.2 Megawatt Solar Projects in Massachusetts

Massachusetts Lieutenant Governor Karyn Polito participates in ribbon cutting ceremony

WAREHAM, MA – August 21, 2018 – Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, BlueWave Solar (“BlueWave”), and state and local officials today celebrated two recently completed solar projects in Southeastern Massachusetts with a ribbon cutting ceremony at a 10.2 megawatt (MW) solar farm in Wareham. Massachusetts Lieutenant Governor Karyn Polito, Massachusetts State Senator Marc Pacheco, New Bedford Housing Authority Executive Director Steve Beauregard, and representatives from the Town of Wareham participated in the event. The full project consists of the 10.2 MW solar farm across four sites in Wareham, MA, and a 6.0 MW solar farm in Mattapoisett, MA. Both projects will help provide revenue to support five public housing authorities in Massachusetts.

“Ameresco is once again proud to have partnered with BlueWave Solar to deliver these solar farms, which are an environmental and economic win-win for our local public housing authorities, their residents, and the Commonwealth of Massachusetts,” said Michael T. Bakas, Executive Vice President, Ameresco. “These projects deliver much needed revenue to the housing authorities in support of their core mission of providing housing to their citizens, while allowing them to play a key role in the development of solar PV in the Commonwealth.”

“In continuing our longstanding partnership, BlueWave and Ameresco are building quality solar projects and bringing clean, renewable energy to more communities around the Commonwealth,” said Eric Graber-Lopez, Co-Founder and President of BlueWave Solar. “These projects in Wareham and Mattapoisett will not only bring long-term revenue to the public housing authorities in the area, but they serve as a tremendous boost to the clean energy economy in Massachusetts. That’s good news for the environment and local communities.”

The two solar farms are owned by Ameresco and were codeveloped by BlueWave. Under 20-year agreements, annual payments will be made to the public housing authorities of Fairhaven, Mattapoisett, New Bedford, Kingston, and Plymouth. As a result of the solar projects, the housing authorities will receive these benefits over the next 20 years in support of providing housing to their citizens.

At Mattapoisett an Eversource right of way runs adjacent to the project site and serves as the point of interconnection. At Wareham, the Eversource right of way bisects the four arrays. More than 47,000 solar photovoltaic modules were used in the projects.

The solar farms are expected to reduce carbon emissions by 16,276 metric tons of CO2 annually which is the equivalent of planting more than 19,000 acres of U.S. forests or taking 3,485 passenger cars off the road. Emission reductions were estimated using the U.S. Environmental Protection Agency (EPA) Greenhouse Gas Equivalencies Calculator.

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About BlueWave Solar

BlueWave is a B Corp on a mission to revolutionize energy with simple, powerful solar solutions. For homeowners who can install rooftop solar, we offer innovative loan financing through installers in MA, RI, NY, SC, NC, and FL. In addition, BlueWave is the only company offering AllBlue, which combines rooftop and community solar to deliver savings on 100% of customers’ energy use. Our solar management platform enables installers to make BlueWave loans and community solar accessible to more residents and businesses, while conveniently serving customers.

Pioneering developers of community solar farms in Massachusetts, BlueWave has developed and built more than 135 MW of projects to date and now provides community solar power access to thousands of customers, both through our own solar farms and through farms developed by others. To learn more about BlueWave, named one of the 20 fastest-growing companies in Massachusetts by the Inc. 5000, visit bluewavesolar.com.

About Ameresco

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.

The announcement of a customer’s entry into an agreement 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 assets in development or operation. These projects were included in our previously reported assets in development as of June 30, 2018.

BlueWave Solar earns spot on Inc. 5000 list for the second year in a row

For the second consecutive year, BlueWave Solar, a Boston-based community solar developer and residential solar finance company, has been named to Inc. Magazine’s list of the top 5,000 fastest-growing private companies in America.

(Boston, Massachusetts – August 15, 2018) For the second consecutive year, BlueWave Solar has been named to Inc. Magazine’s list of the top 5,000 fastest-growing private companies in America. The exclusive annual list represents the most comprehensive look at a critical segment of the economy — America’s independent-minded entrepreneurs.

 “It is truly an honor to be named to the Inc. 5000 list for a second consecutive year,” said Trevor Hardy, BlueWave’s CEO and co-founder. “Since 2012, BlueWave has worked hard to deliver innovative solar solutions to our partners and customers. Over the past year, our team has nearly doubled in size while vastly expanding the range of residential loan and community solar products and services we offer. We are also incredibly proud of our certification as a B Corp, joining leading socially responsible companies in a commitment to transparency and accountability. Our ability to scale quickly while staying true to our core values is unquestionably our greatest accomplishment.”

BlueWave is ranked #1449 overall on the Inc. 5000 list, also ranking #41 out of 94 energy companies, #13 out of 31 Boston-based companies and #30 out of 147 Massachusetts-based companies.

The 2018 Inc. 5000, unveiled online at Inc.com, is one of the most competitive crops in the list’s history. Collectively, the companies on this year’s list amassed $206.2 billion in revenue in 2017, up 158 percent from $79.8 billion in 2014. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

The announcement comes just one year after BlueWave made the list for the first time in 2017 as America’s #585th fastest growing private company. BlueWave was also recognized in Boston Business Journal’s Fast 50 in 2017 and 2018 as one of Boston’s fastest growing companies.

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About the Inc. 5000 Selection Process

Companies on the 2018 Inc. 5000 are ranked according to percentage revenue growth from 2014 to 2017. To qualify, companies must have been founded and generating revenue by March 31, 2014. They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2017. (Since then, some on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Note: Growth rates used to determine company rankings were calculated to two decimal places. There were two ties on this year’s Inc. 500; the companies with more revenue were placed higher.

About BlueWave Solar:

BlueWave is a B Corp on a mission to revolutionize energy with simple, powerful solar solutions. For homeowners who can install rooftop solar, we offer innovative loan financing through installers in MA, RI, NY, SC, NC, and FL. In addition, BlueWave is the only company offering AllBlue, which combines rooftop and community solar to deliver savings on 100% of customers’ energy use. Our solar management platform enables installers to make BlueWave loans and community solar accessible to more residents and businesses, while conveniently managing customers.

Pioneering developers of community solar farms in Massachusetts, BlueWave has developed and built more than 135 MW of projects to date and now provides community solar power access to thousands of customers, both through our own solar farms and through farms developed by others. To learn more about BlueWave, named one of the 20 fastest-growing companies in Massachusetts by the Inc. 5000, visit bluewavesolar.com or follow us on Twitter, Facebook, LinkedIn, or Instagram at @BlueWaveSolar.

BlueWave Solar Launches First-Ever Adjustable Rate Solar Loan

Reduces total cost of rooftop solar ownership for homeowners

Boston, MA – BlueWave Solar announced today its new “FlexRate” solar loan, a first in the solar lending space. Intended to reduce total cost of ownership of residential rooftop solar, the FlexRate loans offer five years of a fixed rate, followed by rates that adjust by no more than 1% a year, with a rate cap. This delivers the lowest total cost of ownership to many borrowers, particularly to those who pay off their loans in the first five years, as many do.

This is not BlueWave’s first solar innovation: the company has a unique background and approach. Founded as a large-scale solar development firm, BlueWave has developed over 130 MW of solar in Massachusetts alone, and was a pioneering developer of community solar in Massachusetts. Having expanded in 2016 to offer both solar loans and community solar, an industry first, BlueWave is still also a leader in large-scale development. Based in Boston, BlueWave is a certified B corporation with thousands of residential and commercial customers across MA, RI, NY, NC, SC, and FL, many of whom have already chosen the BlueWave FlexRate loan.

According to Alexi Evriviades, Managing Director of Capital Markets at BlueWave, “Solar customers see value in owning their power and typically pay off their solar loans early. When borrowers do the math on how much their solar panels cost with other lenders’ loans, it becomes clear that FlexRate offers the lowest cost of ownership over the first 5 years. FlexRate helps customers go solar affordably while helping our partners differentiate themselves in a crowded marketplace, so it’s a win-win.”

Solar installers agree: Nancy Moore of Hilton Head Solar in Ridgeland, SC says, “The FlexRate loan really rounds out the financing options we can present to our customers. It sets us apart from other installers because it’s unique in the market, and BlueWave’s low Technology Platform Fee means that we can protect our profit margin. Now we can offer rooftop solar with flexible or fixed rate financing, only from BlueWave. No one else offers that.”

BlueWave Solar CEO Trevor Hardy says, “Making solar more accessible to more people is what we do here every day and offering innovative and flexible financing is key to achieving that vision. We want to enable our solar installer partners to grow their businesses with unique offerings that their customers love, and it’s already clear that our new FlexRate loan is serving a need in the market.”

For the second year in a row, BlueWave was recently named among the top twenty in the Boston Business Journal’s Fast50: the fastest-growing private companies in Massachusetts.

About BlueWave Solar:

BlueWave is a B Corp on a mission to revolutionize energy with simple, powerful solar solutions. For homeowners who can install rooftop solar, we offer innovative loan financing through installers in MA, RI, NY, SC, NC, and FL. In addition, BlueWave is the only company offering AllBlue, which combines rooftop and community solar to deliver savings on 100% of customers’ energy use. Our solar management platform enables installers to make BlueWave loans and community solar accessible to more residents and businesses, while conveniently managing customers.

Pioneering developers of community solar farms in Massachusetts, BlueWave has developed and built more than 130 MW of projects to date and now provides community solar power access to thousands of customers, both through our own solar farms and through farms developed by others. To learn more about BlueWave, named one of the 20 fastest-growing companies in Massachusetts by the Inc. 5000, visit bluewavesolar.com or follow us on Twitter, Facebook, LinkedIn, or Instagram at @BlueWaveSolar.

BlueWave Solar Launches Home Solar Loan in Florida

Home Solar Loan offering brings BlueWave’s proven loan product to Sunshine state homeowners

Boston, MA –

BlueWave Solar (“BlueWave”) of Boston, MA, a solar fintech and community solar company, announced today the Florida launch of its premier Home Solar Loan. This product offers Florida homeowners up to $100,000 in financing for their home solar system with 15 and 20-year term options and an 18-month initial interest-only period.

BlueWave’s Home Solar Loan is the result of a partnership with Avidia Bank of Hudson, MA, one of the fastest-growing regional banks in the Northeast. With Avidia, BlueWave launched the Home Solar Loan in Massachusetts in 2016, followed by offerings in North Carolina, South Carolina, Rhode Island and New York.

Applying for a solar loan has never been easier.  BlueWave’s preferred partner network includes a list of select local Florida installers who are now offering the Home Solar Loan throughout Florida. These installers work with homeowners using BlueWave’s Solar Loan Portal, making it simple and secure for customers to sign up and get approved for solar financing.  Qualified applicants are approved within minutes and the entire loan application and contract execution happens online.

“We are thrilled to be launching BlueWave’s Home Solar Loan in Florida,” said Trevor Hardy, BlueWave’s CEO.  He continued, “We’re working with a network of local solar installers to bring this product to communities throughout the state and will be helping our customers reap the maximum benefit from their decision to go solar. Our focus is to make the financing part of the solar experience as seamless as possible for both the customer and the installer.  Solar is an important part of storm resiliency for Floridians; solar has helped many in the Sunshine state weather the storms.”

“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.  He added, “We believe the Home Solar Loan is a great option for Florida homeowners and we are eager to be part of the expansion into the Sunshine state.”

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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 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 100,000 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.

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. Visit us at bluewavesolar.com to learn more. For more solar and BlueWave news follow us on social media.

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: https://www.linkedin.com/company/bluewavesolar

 

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.

BlueWave’s Solar Policy Connection | January 2018

From a policy perspective, it has been a busy start to 2018 for the solar industry.   Since the beginning of January, there has been significant policy activity at both the state and federal levels.  From the Eversource Rate Case and SMART program implementation in Massachusetts to Duke Energy’s rebate program in North Carolina and the Trump Administration’s decision to impose a tariff on imported solar cells and modules; it’s an exciting time in solar.  In short, this month we’ve experienced progress and challenge. Fortunately, BlueWave and our allies in the larger clean energy industry will continue our efforts to strengthen the solar market among the states and at the federal level and keep you informed along the way.

Let’s get to it…

MASSACHUSETTS

DPU Approves Eversource’s Proposed MMRC – Imposing a First in the Nation Demand Charge

On January 5, 2018, the Massachusetts Department of Public Utilities (DPU) issued its second order in the Eversource Rate Case.   This order dealt with Eversource’s proposed rate consolidation proposal and their proposed Minimum Monthly Reliability Contribution charge (MMRC) which imposes a rate on new residential and small C&I net metered solar customers as of December 31, 2018.

The DPU approved Eversource’s proposed MMRC with very minor changes, making Massachusetts the only state with a mandatory 24/7 demand charge imposed on new residential solar net metering customers in the United States – not a distinction for Massachusetts to be proud of. Multiple state public utility commissions across America have rejected such a demand charge.

There are three parts to the MMRC: (1) an increase in the existing customer charge, (2) the new mandatory non-coincident peak demand charge based on the highest hour of electricity use by a customer each month and (3) a reduced volumetric energy charge.

Among the concerns raised about the MMRC by the solar industry and clean energy associations were:

  1. Inconsistency with the enabling statute, the Solar Energy Act of 2016
  2. Eversource’s use of non-coincident peak demand (an individual’s peak demand use) vs. coincident system peak demand (peak demand for the entire system)
  3. Lack of tools provided by Eversource that enable residential customers to measure/monitor their peak demand use enabling them to make adjustments to reduce the impact of the new demand charge
  4. Confusion that this new, complicated charge will cause among new residential solar customers and the solar industry.
  5. The increased costs the MMRC will have on the new solar PV systems over the life of the system.

Eversource’s assumptions and estimated MMRC cost impact on an average residential customer was challenged by representatives of the solar industry at a recent joint state Senate/House Telecommunications, Utilities and Energy Committee (TUE) hearing, who argued the cost to new residential solar customers will likely be higher based on actual customer peak electricity use.  As President of the Solar Energy Business Association of New England (SEBANE) and on behalf of BlueWave Solar, I testified before the TUE Committee explaining to the Committee that the MMRC was confusing at best and at its worst – financially punishes people who invest their hard-earned money in reducing our reliability on fossil fuels.

Read the whole testimony here.

Moving forward, the solar industry and our clean energy partners intend to fight this decision on multiple fronts. Our colleagues at Vote Solar have appealed the DPU’s MMRC decision to the Massachusetts Supreme Judicial Court. In addition, BlueWave, SEBANE, the Northeast Clean Energy Council and other solar industry and clean energy associations are working together to pursue a legislative solution.   Stay tuned for information on ways you can help us resolve this unfortunate decision.

Solar Massachusetts Renewable Target (SMART) Implementation

On January 11, 2018, the Department of Energy Resources (DOER) announced the results of the SMART competitive procurement, setting the base incentive rates for the Commonwealth’s new solar incentive program. These results represent a step closer to implementation of the SMART program. The following links provide information on the base rates that were set for each utility territory and also provides information regarding the remaining MWs in Block 1 of the SMART program.

Base incentive rate results.

Remaining MW capacity in Block 1.

CLEAResult was selected as the program administrator for the SMART program.  They will be responsible for managing the statement of qualifications application process.  It is anticipated that the application process for the remaining Block 1 MW capacity will begin in late April or early May.

DOER has also released draft SMART program guidelines for public comment.  These guidelines cover various program topics including: Agricultural Solar Tariff Generation Units, Brownfields, Land Use and Siting and the Energy Storage Adder among others.  The public is encouraged to submit comments on these guidelines by February 23, 2018.  BlueWave will be submitting comments on several of these proposed guidelines including Land Use and Sitting, Agricultural Solar Tariff Generation Units as well as providing guidance on Community Solar.  Find more information about the draft guidelines here.

The last step in the implementation process is the conclusion of the DPU SMART Tariff proceeding which is presently ongoing.   The utilities filed a joint tariff with the DPU on September 12, 2017 that will, among other things address utility cost recovery for the program, rights to project capacity, removal from the program and the establishment of an alternative on bill crediting mechanism as substitute to net metering.  BlueWave, through SEBANE, has joined a coalition of solar and clean energy industry partners headed by SEIA to intervene in this proceeding in order to ensure that the solar industry’s concerns are addressed.   It is anticipated that the DPU will issue its order regarding this tariff in May or June of 2018.  Once the order is issued, the SMART program will begin.

NORTH CAROLINA

Tar Heel State Solar Market Heats Up

There was exciting solar news in North Carolina recently – Duke Energy announced a $62 million rebate program that will put North Carolina on the map as the cheapest place in the United States to go solar.

The residential solar market in NC has largely been in “wait and see” mode for the past 5–6 months as installers and customers alike have waited for details on the much-awaited Duke rebate to emerge. The plan released January 22nd features 20 MW per year over 5 years, with a $.60 per watt rebate. The rebate is capped at system sizes of 10kW, or $6,000.

This more modest rebate, combined with the cap, should create a sustainable incentive that will drive solar adoption across most of NC for the next several years. How’s that for a sunny outlook? We’re proud to have a dedicated team in the Carolinas helping residents go solar in the easiest way possible.

FEDERAL UPDATE

Trump Trumps Solar – Imposes Tariffs on Imported Solar Cells and Modules

Last week the Trump Administration announced its decision on the much anticipated Suniva solar trade case.  From an industry perspective, the president’s decision was both predictable and disheartening. Two foreign-owned solar companies have caused a 30% tariff to be placed on solar cells and modules imported from China, Canada, Mexico and other countries that supply materials to American companies, the very market the president has said he wants to protect.

There has been a lot of discussion about the impacts of these tariffs—a great podcast from the folks at Green Tech Media explains a lot of the details, it’s a good listen. The bottom line for BlueWave and the rest of the industry is that Americans overwhelmingly support solar and it is hard to ignore the economic engine of solar. There are 260,000 solar jobs in the United States, that’s more than the fossil fuel industries combined. Just this past week the CEO of NextEra Energy, Jim Robo, was telling investors that he thought that by 2020 it would be cheaper to build renewable power plants than traditional coal and gas plants. NextEra owns some of the largest “traditional” power utilities in the country. Renewable energy is the future and it’s happening right now. This tariff won’t stop the energy transformation.

In terms of next steps, this tariff will go into effect on February 7, 2018.  By Presidential Proclamation, the US Trade Representative will also establish procedures to consider exclusions of particular products from the tariff.  As it relates to challenging the tariff, the solar industry is exploring its options.  This tariff may also lead to affected countries filing complaints with the World Trade Organization, which could lead to retaliatory actions against the United States.

Although there is cause for concern, we will push through the tariffs and continue to grow the renewable energy sector.  The solar industry is a perfect vehicle for job creation, energy independence and a cleaner environment.

Learn more about the tariff here.

Thanks and tune in next month for more BlueWave Policy Connection. We’ll see where the solar policy roller coaster takes us.

If you have any questions let us know! E-mail us at ExternalAffairs (at) bluewavesolar.com

BlueWave’s Mark Sylvia Testifies Against Solar Demand Charge at Massachusetts State House

Testimony of Mark D. Sylvia, president of SEBANE before the Massachusetts Joint Committee on Telecommunications, Utilities and Energy, Delivered Tuesday January 30, 2018

Good afternoon Chairmen Golden, Barrett and members of the of the joint committee. My Name is Mark Sylvia, President of the Solar Energy Business Association of New England (“SEBANE”) and Managing Director of External Affairs for Boston based BlueWave Solar. Thank you for holding this hearing today to review the Department of Public Utilities’ recent order approving Eversource’s proposed minimum monthly reliability charge (“MMRC”) on new net metered solar customers.

SEBANE, representing over 50 member solar companies throughout Massachusetts and New England joined other solar advocates in opposing Eversource’s proposed MMRC before the Department of Public Utilities. The reasons for our opposition then, remain the same reasons we oppose the MMRC now.

First, the MMRC is inconsistent with the Solar Energy Act of 2016, an Act Relative to Solar Energy. Specifically, the MMRC excessively burdens ratepayers by creating a separate set of charges for those who adopt solar, particularly residential customers, who will now be burdened with thousands of dollars in new costs for their solar PV systems. This will in turn unreasonably inhibit the development of net metered facilities by creating a financial disincentive and confusion for those wishing to adopt solar. And Eversource did not demonstrate that the MMRC is designed to collect costs that solar customers cause but do not pay for.

Though Eversource had a cost study, there was no evidence that supported this assumption – in other words, Eversource offered no proof that costs to be collected through the MMRC were both uniquely caused by customers with solar and were not offset by benefits of those customers’ solar installations. So it is impossible to know whether the approved MMRC was actually consistent with the statute.

Second, the MMRC includes a mandatory demand charge, directed to residential and small C&I solar customers – making Massachusetts the only state to impose a mandatory demand charge on residential public utility customers in the United States. Not a distinction we should have or strive for.

Third, customers will incur this demand charge though their actual demand likely will not coincide with system peak demand, which is the problem we are all trying to address. As a result, the demand charge will not have the intended effect, which is to reduce overall system costs.

Fourth, Eversource has not provided smart meters to customers, so they won’t know what or when their actual peak demand is, so they can’t control their usage to moderate the demand on which they are charged.

So how will this affect your neighbor who wants to go solar? When an installer explains to them that they must pay a new charge that will increase the cost of their system by thousands of dollars depending on their consumption over the next 20 years – after they’ve already explained how the incentives work, and if they don’t get a smart meter, if they are cooking, doing laundry or running their air conditioning, their overall solar costs will go up, without the ability to determine when or how to reduce their demand. It’s confusing, it’s punitive and it seeks to specifically punish those who have invested their hard-earned money in reducing our reliance on fossil fuels.

Many of SEBANE’s members, including my own company BlueWave Solar and our customers will be negatively impacted by this MMRC. We would absolutely lose business. We are all working hard to make going solar a simple, fair and seamless process. The MMRC will negatively impact the choice we as a Commonwealth have worked so hard to provide to as many of our citizens as possible. Our industry is proud of the work we have done collaborating with the legislature and the executive branch over the past several years while working together to drive down the cost of solar from SREC I to SREC II to smart, to build the robust solar market that exists today in Massachusetts.  

We now find ourselves at a crossroad. The solar industry will continue to do all we can to support the Commonwealth’s clean energy and climate goals while making access to solar more affordable. But with recent actions such a new federal tariff on imported solar cells and a change in the federal tax system impacting tax equity financing, this new MMRC has now made our shared goal even harder.

In light of the concerns raised by SEBANE and the collective testimony you will hear today from others in solar industry and beyond who share sebane’s concern about the MMRC, we ask that the legislature delay the implementation of the MMRC and clarify to the DPU your intent regarding the criteria that must be met before imposing a MMRC. Massachusetts has been a national leader in solar, the people of Massachusetts overwhelming support it – we must ensure that our policies reflect that.

Thank you for holding this hearing and listening to our concerns.

BlueWave Solar Responds to the Suniva Trade Case Decision

Boston, MA – January 23, 2018

As a small, thriving solar company with more than 60 employees, BlueWave Solar is very disappointed by the Trump Administration’s approval of a new 30% tariff on solar panel imports. This is not only troubling for the American solar industry, but for the wider American economy. According to the Solar Energy Industry Association, the 30% tariff will cause the loss of 23,000 well-established solar jobs. That is equivalent to the entire solar industry in New England. Solar has provided a solid basis for upward mobility in many communities across the United States and the administration’s actions will hurt American families.

In reaction to the decision, BlueWave Solar CEO Trevor Hardy stated, “It is unfortunate that the Trump administration sided with two foreign-owned companies and does not seem to appreciate the impact on the overall value chain in a transforming and growing industry. This tariff will undoubtedly impact American small businesses, such as our installer partners, but BlueWave will push through any obstacle on our way to providing solar to everyone, everywhere.”

Mark Sylvia, BlueWave’s Managing Director for External Affairs and a clean energy policy expert said, “The U.S. solar industry is creating real and sustainable jobs every single day and it is very sad that the administration has injected politics into this industry of the future. Those in Washington claim to fight for workers, but thousands of families will lose because of this decision. Trump thinks this is an American industry win, but it is a definite loss for American families.”

BlueWave believes that the solar industry is an integral part of the American economy that will continue to play a major role in providing stable, well-paying jobs for hundreds of thousands of American families. Renewable energy and solar in particular is a growing power source for today and for the future. Our focus remains on the great people who make up our industry, the innovation that they are driving every day and the clean energy future they are building for our planet.

Read more about our vision for a clean energy future at www.bluewavesolar.com.

Media Contact:

Mark Sylvia
Managing Director – External Affairs
Telephone: (508) 858-7123
Email: msylvia@bluewavesolar.com

BlueWave Solar Policy Connection | December 2017

Boston, MA – In 2017 we saw significant policy movement for solar on the local, state and federal levels. BlueWave Solar has worked with solar industry leadership to guide policy decisions and provide industry feedback on a regular basis. To keep you up-to-date on policy issues that affected the solar industry this year, BlueWave’s Managing Director for External Affairs – Mark Sylvia gives you the policy connection download.

SMART Update

This year we saw the development and promulgation of a much-anticipated new solar incentive program in Massachusetts.  As we’ve reported in previous newsletters, the new Solar Massachusetts Renewable Target (SMART), a tariff based, declining block incentive program, will replace the successful Solar Renewable Energy Certificate (SREC) II program.  The start date for SMART is anticipated to occur in late May or early June, 2018 based on the remaining steps in the implementation process.

These remaining steps include (1) a utility managed competitive procurement for solar projects that will set the base incentive rates for SMART and (2) a SMART tariff proceeding at the Department of Public Utilities (DPU), which among other things, will set program cost recovery mechanisms for utilities and will establish an alternative on-bill crediting mechanism separate from the current net metering structure. The results of the competitive procurement and corresponding base incentive rates are expected by mid-January 2018 and the DPU is expected to issue its order some time after final utility reply briefs are due on April 27, 2018.   Based on feedback from the industry and those familiar with the tariff hearing process, the DPU order is anticipated in May or June 2018.

BlueWave has been a very active participant throughout the development and implementation process both directly and through supporting the Northeast Clean Energy Council (NECEC), Solar Energy Business Association of New England (SEBANE) and the Solar Energy Industry Association (SEIA) in efforts to ensure that SMART continues the growth and momentum of the solar industry in Massachusetts.

We appreciate the engagement of the Massachusetts Department of Energy Resources (DOER), the Massachusetts Department of Agricultural Resources (MDAR) and the Executive Office of Energy and Environmental Affairs throughout this year long process. Check back for more updates on SMART and other solar related policy issues.

For more information on SMART click here.

 

Tax Cuts and Jobs Act – Impact on Solar

On December 22, 2017, President Trump signed the $1.5 trillion Tax Cuts and Jobs Act (TCJA) into law.   Prior to the bill signing, the solar industry was working hard to lobby US House and Senate tax bill conference committee members to ensure that the Investment Tax Credit (ITC) extension remained unchanged and that the Base Erosion Anti-Abuse Tax (BEAT) previously added in the Senate tax bill was either removed or significantly amended.  Due in part to those efforts, the final conference committee bill did not include changes to the ITC and amended BEAT. Had these provisions remained unchanged, it would have been a major blow to tax equity financing of solar and wind projects in the United States.

According to Greentech Media reporter Emma Foehringer Merchant in a story she wrote on December 20, 2017, “While the final tax bill left the Investment Tax Credit and the Production Tax Credit in place, the Base Erosion Anti-Abuse Tax (BEAT) provision made it through the final version. An amendment keeps 80 percent of the value of both the ITC and the PTC.”

Foehringer Merchant continued, “clean energy organizations and investors are now crunching the numbers to assess just how much the loss of 20 percent will impact tax equity investment. Tax lawyers seem optimistic that the market will bounce back.”

BlueWave did our part to let members of Congress in states where we offer our solar products know how BEAT, if left unchanged, would negatively impact tens of thousands of solar jobs and the millions of dollars in savings generated for customers across the United States.

For the full Greentech Media article click here.

 

Suniva Trade Case Update

On November 29, 2017, United States Trade Representative Robert Lighthizer asked the International Trade Commission to prepare a supplemental report to assist him in advising President Trump on the Suniva Trade Case.  This request extends the deadline the President has for issuing a final decision from January 12, 2017 to January 26, 2017.

Concurrent with this request, the US Trade Representative’s Office held a public hearing on the ITC’s proposed remedies on December 6, 2017. Details about the hearing and US Trade Representative Lighthizer’s request for a supplemental report are included in articles by SEIA, Utility Dive and GreenTech Media – the links to these articles are below.

The President can, at any time, between now and January 26, 2017 render a final decision.   BlueWave will continue to monitor the situation and share any significant updates in the news section of our website at www.bluewavesolar.com/news

Links

https://www.seia.org/news/solar-industry-rallies-against-tariffs-america-first-plan-us-trade-representative-hearing

https://www.greentechmedia.com/articles/read/ustr-panel-shows-interest-in-solar-tariff-alternative#gs.Fd8sryg

https://www.utilitydive.com/news/us-trade-rep-pushes-for-another-itc-report-ahead-of-solar-trade-case-hearin/511994/

 

 

 

 

Meet BlueWave’s Project Development Team

We sat down with Managing Director for Project Development, Jon Mancini, to get some insight into how the development team works and the future of BlueWave’s development program.

Tell us about Project Management, what role do you play at BlueWave? What’s the history of the PM team?

Project Management is where site acquisition, development, construction, interconnection and asset management all come together. We are a team of fourteen that finds, permits, develops, constructs, connects and manages the solar projects that we build. It is an exciting group that covers diverse ground. We also take great pride in working within communities that we enter. It is very important to us that we understand our role as a guest among the local citizens in every community we seek to build a project.

BlueWave Solar was founded on the backbone of development before we expanded into our other product offerings.

What environmental protections does the team consider when siting, planning and constructing projects?

When considering projects we seek to become one with the natural surroundings. If we are cutting tress for a project, we seek to plant new ones in the general area. We also seek to enhance the environment by installing meadows and pollinating plants to enhance and stimulate bees and butterflies. We also make sure we do not damage existing wetlands or vernal pools while we are on site. Designing these features is a fun part of the business.

What is the team’s favorite BlueWave project and why?

Not sure about the team, but my favorite project is the Dover Powissett St landfill solar project. This was my first project that I started and finished. We started permitting in June 2016 and the project became operational in August 2017. It was very fast and the community was a great partner in the project. There was also complexity due to the fact that the Hale Reservation owned the land and the Town of Dover operated the landfill. The system size is 1.4MW and lowers the rates for the local school district.

Meet the team!

Jon Mancini
Job Title: Managing Director
Favorite Hobby: Wine collector
Favorite Movie: The Departed
Best part of being a BlueWaver: Working with a great team.

Drew Pierson
Job Title: Director of Project Development
Favorite Hobby: Cycling, Music, Snowboarding
Favorite Movie: Home Alone
Best part of being a BlueWaver: The problem solving and creativity each project requires, the camaraderie, and our fiercely talented, dedicated team.

Shauna Thompson
Job Title:  Director of Interconnection
Favorite Hobby: Hiking, Reading, Traveling
Favorite Movie: Elizabeth (w/Cate Blanchett)
Best part of being a BlueWaver:  My awesome, dedicated, brilliant, extraordinarily passionate teammates.

Sandra Brown
Title: Senior Director of Technical Services
Favorite Hobby: Spoiling the one and only Winslow rotten.
Favorite Movie: Probably Bringing Up Baby, but I won’t tell you because it’s one of the security questions.
Best part of being a BlueWaver: Building things that matter, as in literally building, if only they’d let me drive a tractor.

Lucas Faria
Job Title:
Construction Manager
Favorite Hobby:
Playing guitar
Fav movie:
The Dark Knight
Best part of being a BlueWaver: 
Flying a drone, of course! Also, building large-scale solar projects.

Giovanna Olson
Job Title: Project Development Associate
Favorite Hobby: Theatre; in front of, on, and behind the stage
Favorite Movie: The original Charlie & the Chocolate Factory
Best part of being a BlueWaver: Working towards a brighter future alongside brilliant, dedicated and fun people.

Lexi Barlow
Job Title: Project Manager
Favorite Hobby: Reading
Favorite Movie: Little Miss Sunshine
Best part of being a BlueWaver: Solving problems as a team.

Tom Holt
Job Title: Construction Manager
Favorite Hobby: Constantly changing – right now it’s skiing.
Favorite Movie: Scooby-Doo on Zombie Island
Best part of being a BlueWaver: The amazing team we’ve assembled.

Andrew Buckley
Job Title: Site Acquisition Manager
Favorite Hobby: Budget traveling, indoor rock climbing, eating ice cream
Current Favorite Movie: I Love You Man
Sports team: Patriots
Best part of being a BlueWaver: Working in a place with a lot of internal opportunity for growth and strong mentor figures.

Matt Parlon
Job Title: Project Development Analyst
Favorite Hobby: Sailing
Favorite movie: The Other Guys
Best part of being a BlueWaver: Getting to draw from, and contribute to, the expanding knowledge base of the company.

Mitali Mirle
Job Title: Site Acquisition Analyst
Favorite Hobby: Swimming and diving
Favorite movie: Currently, Moana
Best part of being a BlueWaver: The passionate team we all are a part of.

Knowlton Farm and BlueWave Solar to Pioneer Agriculture-Friendly Solar Development in Massachusetts

Project is the first commercial scale solar + agriculture project in Massachusetts

BOSTON, MA – November 29, 2017

Knowlton Farm, in partnership with BlueWave Solar (BlueWave), has been awarded a grant by the Massachusetts Department of Agriculture Resources (MDAR) to construct an agricultural solar canopy to evaluate plant and crop productivity under various solar designs and operating conditions. MDAR is contributing $100,000 of funding to the Knowlton Farm-BlueWave project as part of MDAR’s Ag-Energy Grant Program dedicated to promoting clean energy and sustainable agriculture in the Commonwealth. Results from this research will be used in pioneering nation-leading agrovoltaics (the co-development of land for agriculture and photovoltaics) and sustainable farming practices.

Knowlton Farm and BlueWave’s partners for this pilot project include: The University of Massachusetts Amherst Professor Stephen Herbert, the project advisor; the Fraunhofer Institute for Sustainable Energy, to help inform design; Wellnesscapes, a permaculture farm design firm that will manage farm construction and monitor crop yields; and the New England Wildflower Society for the planting of native and beneficial pollinator plants.

BlueWave is committed to setting solar industry best practices for dual-use solar development and is proud to be a part of this flagship collaboration between state government, academia, the farming community, and the solar industry. As with all our projects BlueWave will work closely with the Knowlton family and the Town of Grafton on planning, conservation and permitting, and access. Together with our partners, BlueWave will assist in building a body of knowledge about dual-use agriculture that is scarce in New England. BlueWave will also use its proprietary models to evaluate shading conditions.  This pilot project is anticipated to be completed by June 30th, 2018 as stipulated in the MDAR grant requirements and data will be collected over a period of five years.

Since 2014, Knowlton Farm and BlueWave have built a strong and dedicated partnership, and the development of this pilot project will mark our third solar installation together. In total, BlueWave has developed approximately 6.2 MW DC of solar on land owned by Knowlton Farm, including  the 2.5 MW DC Grafton 1 project built in 2015 on an adjacent parcel and the 3.7 MW DC Grafton 2 project commissioned in June 2017. Together, these projects have bolstered Knowlton Farm’s agricultural operations by providing the financial stability needed to continue the agriculture use that has existed in various forms on the property since the 1800s.

Beyond immediate benefits to the farm, Grafton 1 and 2 reduce carbon emissions by 5,534 tons annually (the equivalent of taking 1,231 cars off the road), generate local tax revenue for the Town of Grafton and support the Commonwealth of Massachusetts’ clean energy and climate goals. Through this third collaboration, BlueWave and Knowlton Farm look forward to being on the cutting-edge of dual-use agriculture and to helping shape the future of clean energy and farming.

BlueWave’s Chairman, John DeVillars said, “We are thrilled to be chosen for this grant and proud to be part of the Commonwealth’s efforts to expand and support farming while at the same time achieving ambitious reductions in greenhouse gases.” Continuing, “Gerry Palano and his colleagues at MDAR have launched an exciting and important program and we are grateful to be a part of it. “

Land owner and farmer Paul Knowlton said, “Farming is personal for me and my family.  Knowlton Farm has remained an important part of family life.  Using our land to farm both crops and sunlight will allow us to produce locally grown food crops for generations to come.”

“The Agricultural Energy Grant Program helps ensure that farmers have the tools necessary to lower their energy costs, usage, and emissions,” said Energy and Environmental Affairs Secretary Matthew Beaton. “Co-location projects like Knowlton Farm’s agricultural solar canopy are an exciting and innovative way to keep Massachusetts agriculture viable while reducing greenhouse gas emissions, and the Baker-Polito Administration is proud to support these projects through grants and our new Solar Massachusetts Renewable Target (SMART) incentive program.”

Massachusetts Department of Agriculture Resources Commissioner John Lebeaux expressed, “Thanks to the MA Department of Energy Resources (DOER), our AgEnergy Grant partner, both our agencies are excited to be part of implementing and demonstrating the dual use of land concept with Knowlton Farm and BlueWave Solar, optimizing both continued agricultural land use and energy production, a new and improved model for agricultural sustainability.”

“DOER is pleased to support Knowlton Farm’s innovative agricultural solar canopy that will work to promote both renewable energy and agricultural productivity,” said DOER Commissioner Judith Judson.

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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%.”

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 100,000 metric tons annually – the equivalent of taking 20,000 cars off the road. We work with more than 30 public entities and over 1,000 community solar customers.

BlueWave is a Certified B Corporation and was recently recognized as one of the fastest growing private companies in the United States by the Inc. 5000 and in Massachusetts by the Boston Business Journal. For more information visit www.bluewavesolar.com

Facebook: www.facebook.com/BlueWaveSolar
Twitter: www.twitter.com/BlueWaveSolar
Instagram: www.instagram.com/BlueWaveSolar
LinkedIn: https://www.linkedin.com/company/bluewavesolar

 

 

 

Amp and BlueWave Solar Celebrate 7.4MW Renewable Power and Community Solar Initiative

DOVER, MA – OCTOBER 24, 2017

BlueWave Solar (“BlueWave”) of MA, along with Amp of Toronto, a global developer of flexible clean energy infrastructure, officially celebrated the completion of 7.4 MW (DC) of community solar projects in Dover, Mendon and Westport, MA today. These projects, developed by BlueWave and owned by Amp, will produce local, clean energy and generate long term electricity savings for residents, small businesses and public entities around eastern Massachusetts.

The Dover project, located on the Town of Dover’s capped landfill on property owned by the Hale Reservation, is a 1.4 MW (DC) community solar project providing electricity bill credits to nearly eighty subscribers comprising of local residents, small businesses, and the Dover Sherborn Regional School District.  In addition, the site is being used as an educational tool for visitors to the Hale Reservation Recreation Center through an on-site interactive kiosk.  Informational displays will also be located at the Dover Sherborn Middle School and at the solar site for public viewing.

The Mendon project located on Cape Road in Mendon and the Westport project, located on Blossom Road in Westport represent another 6 MW (DC) of community solar customers that include public entities such as the following Massachusetts housing authorities: Abington, Hanson, Seekonk, Quincy, Attleboro, Bellingham, Easton, and the town of Hanover.

Together, all three projects will reduce carbon emissions by 6,970 metric tons annually, the equivalent of taking 1,481 cars off the road each year. In addition to helping the Commonwealth of Massachusetts reach its climate goals, these projects created 200 jobs during peak construction and will generate ongoing tax revenue for the host communities.

“BlueWave is proud to have developed the Dover, Mendon and Westport projects, in support of our mission to make solar accessible to everyone, everywhere.  We are pleased to have partnered with Amp, the long-term owner of the project, to provide real energy savings to customers, generate economic development and fight climate change,” said BlueWave President Eric Graber-Lopez. “We are also pleased to be Amp’s customer management provider for these projects, delivering best in class customer service via our state of the art operations center and dedicated staff.”

“The acquisition of this portfolio of projects furthers Amp’s growth as a developer and long-term owner of clean energy projects and reinforces our commitment to the Massachusetts market,” said Dave Rogers, CEO of Amp.  “The mutual commitment of continued collaboration between Amp and BlueWave is something that we are very excited about as we work to bring more clean energy online across our global platform.”

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About Amp

Amp was founded on the belief that the future of power markets will increasingly be defined by resilient, responsive and affordable distributed generation and storage. Today, Amp builds, owns and operates clean energy assets both behind and in-front of the meter. Amp’s solutions, managed by proprietary, technology-enabled risk management tools, allow Amp to provide dispatchable, affordable and resilient clean power to enhance system reliability and security for our customers and the grid.

Based in Canada, with operations in North America, UK, Japan, India and Australia, Amp’s international team brings deep expertise and thought leadership to every aspect of the energy industry. Since Amp’s inception, it has grown a portfolio of over 520MW of distributed generation and utility scale energy projects.

For more information about Amp please visit www.amp.energy

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%.”

With more than 60 employees in Massachusetts, North Carolina, South Carolina and South Africa, 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 have thousands of community solar customers.

BlueWave is a Certified B Corporation and was recently recognized as one of the fastest growing private companies in the U.S. by Inc. Magazine and in Massachusetts by the Boston Business Journal.  For more information visit www.bluewavesolar.com

For more solar and BlueWave news follow us on social media.

Facebook: /BlueWaveSolar                                  Instagram: @BlueWaveSolar

Twitter: @BlueWaveSolar                                    LinkedIn: /BlueWaveSolar

BlueWave Solar Announces Appointment of Consumer Protection Experts to Lead New Legal and Compliance Department

WilmerHale and Consumer Financial Protection Bureau veteran, Michael Gordon and former Massachusetts Assistant Attorney General, Lynda Freshman join the BlueWave team.

Boston, MA – October 10, 2017

BlueWave Solar (BlueWave) is delighted to announce the additions of Michael Gordon as General Counsel and Lynda Freshman as Senior Legal Counsel to the BlueWave team. As a part of BlueWave’s dedication to best practices, Michael and Lynda will be focusing on regulatory and compliance matters. BlueWave is committed to putting the consumer first and making sure that we do all we can to protect the interests of our dedicated customers, bank partners and stakeholders.

 “BlueWave has a strong history of delivering value to our customers,” said Trevor Hardy, BlueWave’s CEO.  “Integral to our delivering on that value is the assurance that we meet the consumer protection standards that our customers deserve. Since our founding, transparency and integrity in all that we do has driven us to be best in class. Consumer protection is paramount to that and is why we are proud to have Michael Gordon and Lynda Freshman join our team. With Michael’s extensive consumer finance protection experience coupled with Lynda’s background with the Massachusetts Attorney General’s Office in state energy regulations and consumer finance enforcement, BlueWave will be a leader in the industry on compliance and consumer protection.  We are excited to have them join the BlueWave team.”

Michael starts on October 16, 2017 and comes to BlueWave from WilmerHale in Washington D.C. where he served as chair of the firm’s Consumer Financial Protection Bureau (CFPB) Practice. Michael’s practice focused on consumer finance regulation and enforcement. He also has more than a decade of experience in public service as a regulator and policy-maker, including senior positions at the CFPB, the U.S. Treasury Department, and the U.S. House of Representatives.

Prior to joining WilmerHale in 2015, Michael spent four years in senior positions at the CFPB, helping to design, build and set priorities for the bureau since its inception. He served on the CFPB’s implementation team and then served as its Deputy General Counsel from 2011-2012. Michael then spent three years as Senior Counselor to the CFPB director where he provided strategic advice to the director and senior CFPB officials on a wide range of legal and policy

issues. “I’m thrilled to join BlueWave Solar,” said Michael. “The team is truly impressive, and the mission is fantastic.  I look forward to helping build upon BlueWave’s success.”

Lynda started in August and comes to us after five years with the Massachusetts Attorney General’s Office (AGO) where she most recently served as an Assistant Attorney General for Energy and Telecommunications. She regularly worked on matters involving alleged unfair and deceptive practices and frequently appeared before the Department of Public Utilities related to gas and electric distribution service.  In addition, Lynda worked in the AGO’s Insurance and Financial Services Division, where she focused on consumer protection and false claims investigations.

“I am very excited to join BlueWave and work with such a talented team,” said Lynda.  “I am thrilled to have this opportunity to contribute to the company’s success.”

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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%.”

With more than 50 employees in Massachusetts, North Carolina, South Carolina and South Africa, 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 have thousands of community solar customers.

BlueWave is a Certified B Corporation and was recently recognized as one of the fastest growing private companies in the U.S. by Inc. Magazine and in Massachusetts by the Boston Business Journal.  For more information visit www.bluewavesolar.com

For more solar and BlueWave news follow us on social media.

Facebook: /BlueWaveSolar                                  Instagram: @BlueWaveSolar

Twitter: @BlueWaveSolar                                    LinkedIn: /BlueWaveSolar

BlueWave Solar Responds to the Suniva ITC Trade Case Decision

Boston, MA — At BlueWave Solar we lead in the development and financing of solar energy projects and provide services that have enormous economic benefits to communities, non-profits, homeowners and construction workers throughout Massachusetts.  We are also providing real savings to homeowners in other states including North Carolina, South Carolina and Rhode Island.  These benefits are driven in large part by the enormous improvements the industry has achieved over the past decade and state-level leadership in energy policy.

We are very disappointed that the U.S International Trade Commission (US ITC) found in favor of Suniva and SolarWorld’s complaint, which puts at risk these benefits and the more than 250,000 solar jobs might be harmed by new tariffs on solar panels; however, BlueWave, our customers, our projects and our communities are resilient and will overcome this. It is our hope that during the remedy phase, the US ITC takes the severe negative impact a tariff will have on the US solar industry into account.  Any tariffs recommended by the U.S. International Trade Commission should be minimal, exempt countries with existing trade agreements with the US, and be set to decline rapidly.

BlueWave is especially grateful to our partner installers, many of whom are small business owners, who work hard every day to help achieve our mission of making solar available to everyone, everywhere a reality. We stand with solar installers and manufacturing workers, who are the back bone of the solar industry, as they will be severely impacted by an aggressive tariff.

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Media Contact: Mark Sylvia, Managing Director of External Affairs, msylvia@bluewavesolar.com

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%.”

With more than 50 employees in Massachusetts, North Carolina, South Carolina and South Africa, 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 have thousands of community solar and Home Solar Loan customers.

BlueWave is a Certified B Corporation and was recently recognized as one of the fastest growing private companies in the US by the Inc. 5000 and the Boston Business Journal. For more information visit www.bluewavesolar.com

 

BlueWave’s Mark Sylvia Testifies in Support of an Increase in Massachusetts’ Renewable Portfolio Standard

Boston, MA – On Tuesday September 20, BlueWave Solar represented members of the clean energy industry of Massachusetts along with Ameresco and Anbaric in providing the Joint Committee on Telecommunications, Utilities and Energy with testimony in favor of increasing Massachusetts’ Renewable Portfolio Standard (RPS).

BlueWave is proud of Massachusetts’ robust clean energy economy and believes that increasing the RPS will keep up the momentum of innovation in Massachusetts and meet citizen demand for access to renewable energy.

See the full text of the testimony below:

TESTIMONY OF MARK SYLVIA, MANAGING DIRECTOR OF EXTERNAL AFFAIRS, BLUEWAVE SOLAR
BEFORE THE JOINT COMMITTEE ON TELECOMMUNICATIONS, UTILITIES AND ENERGY
TUESDAY, SEPTEMBER 19, 2017 – 1PM, STATE HOUSE – ROOM A2

Good Afternoon, Chairman Golden, Chairman Barrett and members of the Committee.   Thank you for the opportunity to appear before your committee today to provide testimony in favor of increasing the Renewable Portfolio Standard (RPS).

For the record, my name is Mark Sylvia, I am the Managing Director for External Affairs at BlueWave Solar, a Boston based renewable energy company.  I am also President of the Solar Energy Business Association of New England, an industry association representing solar companies in Massachusetts and throughout New England.   Prior to joining BlueWave, I held various energy positions within the Patrick Administration including as Commissioner of the Department of Energy Resources and Undersecretary for Energy.  Prior to that, I worked in local government as Town Manager for the Town of Plymouth.   Throughout my career in public service and now at BlueWave, I have seen how making clean energy available and accessible to our citizens and businesses provides long term environmental and economic benefits.

Founded in 2012, BlueWave now employs 50 people in Massachusetts, and 8 in California, North Carolina, South Carolina and South Africa.   We have installed over 100 MW of solar capacity in Massachusetts to date, have over 1,000 community solar customers including residents, affordable housing facilities, small businesses and municipalities saving them over $20.6 million over the life of their contracts   And we have provided residential solar loans to over 600 homeowners in Massachusetts, saving those customers, on average, $24,000 in electricity costs.

Businesses like BlueWave and the close to 500 other solar companies that exist in Massachusetts today, have grown the solar economy to approximately 14,500 jobs, a part of the clean energy economy that today employs over 100,000 people.

This is due in large part to nation leading laws enacted by the General Court, including the 2008 Green Communities Act, which among other things increased the RPS to 1% per year, and to the innovative policies implemented by the Patrick and Baker Administrations furthering our adoption of renewables through the SREC program and SMART.  

There are over 70,000 solar installations across the Commonwealth of Massachusetts on homes, businesses, landfills, schools and municipalities driving millions of dollars in electricity savings to customers.  

This growth and the direct benefits to customers coupled with close to $5 billion dollars invested in solar in Massachusetts, and reductions in panel and incentive costs all demonstrate that the RPS is the most cost-effective way to grow the development of clean energy and reduce harmful carbon emissions, two things our existing laws require and our citizens demand.

Massachusetts has been a leader on society’s most pressing issues throughout our history, including the challenge of climate change.  We have always been thoughtful about both the environmental and economic impacts of these decisions.  The nation looks to our leadership on these issues. 

Some argue that any increase in the RPS will result in additional costs that outweigh the environmental, health and economic benefits.  In fact, Massachusetts has proven that investing in the clean energy economy, whether through energy efficiency or renewables, we are able to generate job growth, reduce costs and reduce carbon emissions. 

An increase in the RPS will continue this momentum, while supporting citizen demand for access to renewable energy.  It will generate more jobs, send important market signals to encourage further investment and development of renewables, will strengthen our ability to meet our GHG emissions reduction requirements and it will provide an important hedge against the price volatility of fossil fuels such as natural gas, which makes up 50% of our existing electricity generation.  Renewable energy has zero fuel cost – to take full advantage of this benefit, we must act now.

Thank you again for the opportunity to appear before you today.

BlueWave Brings Solar Loan to Rhode Island

Home Solar Loan offering brings BlueWave’s proven loan product to Ocean State Homeowners

Boston, MA – September 7, 2017

BlueWave Solar (“BlueWave”) of Boston, MA, a solar fintech and community solar company, announced the Rhode Island launch of its premier Home Solar Loan today. This product offers Rhode Island homeowners up to $100,000 in financing for their home solar system with 12 and 15-year term options and an 18-month interest-only period.

BlueWave’s Home Solar Loan is the result of a partnership with Avidia Bank of Hudson, MA, one of the fastest-growing regional banks in the Northeast. With Avidia, BlueWave launched the Home Solar Loan in Massachusetts in January of 2016, followed by offerings in North Carolina and South Carolina also in 2016.

Applying for a solar loan has never been easier.  BlueWave’s preferred partner network includes a list of select local Rhode Island solar installers who are now offering the Home Solar Loan throughout Rhode Island. These installers work with homeowners using BlueWave’s Solar Loan Portal, making it easy and secure for customers to sign up and get approved for solar financing.  Qualified applicants are approved within minutes and the entire loan application and contract execution happens online.

“We are thrilled to be launching BlueWave’s Home Solar Loan in our neighboring state of Rhode Island,” said Trevor Hardy, BlueWave’s CEO.  “We’re working with a network of local solar installers to bring this product to communities throughout the state and will be helping our customers reap the maximum benefit from their decision to go solar. Our focus is to make the financing part of the solar experience as seamless as possible for both the customer and the installer.”

By partnering with BlueWave, we see an opportunity to help 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.  He added, “We believe the Home Solar Loan is a great option for homeowners and we are eager to be part of BlueWave’s expansion into Rhode Island.”


Rhode Island’s Renewable Energy Growth and Solar Rebate programs offer residents substantial incentives for investing in rooftop solar systems. This, combined with the Federal ITC have made Rhode Island a top U.S. state for solar development.

Look for announcements on our further expansion of the Home Solar Loan when BlueWave launches this product in other states later this year.

Media Contact:
Mark Sylvia
Managing Director – External Affairs
Telephone: (508) 858-7123
Email: msylvia@bluewavesolar.com

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About BlueWave Solar

BlueWave Solar 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 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. In addition, through the Home Solar Loan program BlueWave has financed more than 650 rooftop solar systems since early 2016.

BlueWave is a Certified B Corporation and was recently recognized as one of the fastest growing private companies in the US by the Inc. 5000 and the Boston Business Journal. Visit us at bluewavesolar.com to learn more. For more solar and BlueWave news follow us on social media.

 

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: https://www.linkedin.com/company/bluewavesolar

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.

BlueWave Cuts Ribbon on 6.9 MW Mendon & Hopedale Projects with Ameresco and Blue Cross Blue Shield

Solar arrays in Hopedale and Mendon, MA enable clean, local community solar power         

Framingham, MA – August 22, 2017 – Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, along with Blue Cross Blue Shield of Massachusetts (Blue Cross) and BlueWave Solar (BlueWave), today celebrated the launch of five recently completed Community Solar Projects with a ribbon cutting ceremony at Twin Elm Farm in Mendon, MA. The solar arrays located in Hopedale and Mendon, three of which are located at Twin Elm Farm, comprise a total of approximately 6.9 megawatts (MW) of renewable power. Overall, the projects will increase the amount of power generated by community solar in Massachusetts by an estimated 13% and reduce carbon emissions by approximately 6,300 metric tons, the equivalent of taking 1,328 cars off the road.

The solar projects, owned by Ameresco, and co-developed by BlueWave, were supported through a long-term agreement with anchor-offtaker Blue Cross to purchase 2.6 MW of net metering credits to apply to its utility bills. Credits from the projects will also allow nearly 200 residents and small businesses in the Blackstone Valley to lower their electricity costs and reduce carbon emissions.

“This project is a win-win for Blue Cross,” said Jay McQuaide, SVP of Corporate Communications & Citizenship, Blue Cross Blue Shield of Massachusetts. “The cost savings will help us advance our mission of making quality health care affordable, and the environmental benefits align perfectly with our commitment to supporting renewable energy and helping our members live healthier lives.”

“Community Solar projects like these allow local citizens and businesses to benefit directly from the energy produced by these projects,” said Michael T. Bakas, Senior Vice President, Ameresco. “We are honored to support Blue Cross, a leader in providing high-quality health care, in their efforts to positively impact the environment. Their commitment to sustainability and environmental stewardship is a model for all to follow.”

“BlueWave is proud to have worked with Ameresco in developing the Mendon and Hopedale community solar projects.  This is yet another example of the successful partnership between our two companies.  As a result, these solar arrays will support Blue Cross’ effort to secure long term electricity savings and support local, clean solar energy that helps reduce harmful GHG emissions and provides those same benefits to local residents and businesses,” said Eric Graber-Lopez, President of BlueWave Solar. “We are also grateful for our partnership with the Varney Family. As the owners of the land that these projects are built on, the Varney Family has enabled the development of local, clean energy on their Twin Elm Farm while continuing to maintain active local farming.”

While exploring ideas on how to generate income on their 650+ acre farm in Mendon, the Varney Family took into consideration how the Town of Mendon and local residents viewed the farm and its defining landscape and a solar farm seemed to be the perfect fit. The farm landowner, Elizabeth A. Varney, President/Treasurer, Varney Properties added, “The solar farm allows us to generate income, maintain the beauty of our agricultural land for residents and helps the town increase their tax base, not to mention the positive impact it has on the environment.”

“The demand for solar has skyrocketed over the last several years,” said Terry Sobolewski, Senior Vice President and Chief Consumer Officer at National Grid. “As customers continue to demand faster, cheaper access to cleaner energy, collaborations like the one we’re celebrating today are imperative to offering innovative solutions.”

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 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 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. Visit us at www.bluewavesolar.com to learn more. For more solar and BlueWave news follow us on social media.

About Ameresco

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.

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Contacts: 

Ameresco: CarolAnn Hibbard, 508-661-2264, news@ameresco.com

Blue Cross Blue Shield of Massachusetts: Amy McHugh, 617-246-2311, Amy.McHugh@bcbsma.com

BlueWave: Mark Sylvia, 508-858-7123, msylvia@bluewavesolar.com

BlueWave Solar Named One of the 5,000 Fastest Growing Private Companies in America for 2017 by Inc. Magazine

 #585 overall rank and #25 among energy companies on the Inc. 5000 list reflects BlueWave’s growth and success as a national renewable energy company

Boston, MA – August 18, 2017

Inc. Magazine (Inc.) has named BlueWave Solar (BlueWave) to their 2017 Inc. 5000 list of the fastest-growing private companies in America (https://www.inc.com/inc5000/list/2017). Inc. 5000 companies are selected and ranked based on a formula that counts annual revenue growth over a three-year period.  Inc. also ranks the fastest-growing companies by industry, metro area, revenue, number of employees, and also highlights women- and minority- run companies.

Established first as the Inc. 500 list in 1982 and then expanded to the Inc. 5000 list in 2007, this annual business recognition is, according to Inc., a distinguished editorial award, a celebration of innovation, a network of entrepreneurial leaders, and an effective public relations showcase. Pandora, 7 Eleven, Toys ‘R’ Us, Zipcar, Zappos.com and numerous other well-known brands have been honored by the Inc. 5000.

BlueWave is ranked #585 overall on the Inc. 5000 list, and is also ranked #25 out of 91 energy companies, #19 out of the 146 top Boston companies and #20 out of the 147 top Massachusetts companies.

BlueWave CEO and co-founder, Trevor Hardy, reacting to the announcement commented that, “We are proud and honored to have been named to the Inc. 5000 list of the fastest growing private companies in America for 2017. This national recognition is a reflection of the hard work and determination of our team, which has grown our company to what it is today, a best in class renewable energy company committed to making solar available to everyone, everywhere. Based on that vision and success, we look forward to expanding into new markets this year.”

BlueWave Chairman and co-founder, John DeVillars added, “We are demonstrating that mission-driven clean energy businesses can do well by doing good. It is testimony to BlueWave’s values, to the high-performance team of professionals in our company, and to the landowners, cities, towns, housing authorities, schools, private companies, and 1600+ community solar and solar loan customers and their commitment to clean and renewable power.”

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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 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. In addition, through the Home Solar Loan program BlueWave has financed more than 600 rooftop solar systems since early 2016.

BlueWave is a Certified B Corporation and was recently recognized as one of the fastest growing private companies by Inc. Magazine and the Boston Business Journal. Visit us at bluewavesolar.com to learn more.

Contact:
Mark Sylvia – Managing Director: External Affairs
Telephone: (508) 858-7123
Email: msylvia@bluewavesolar.com

For more solar and BlueWave news follow us on social media.

Facebook: www.facebook.com/BlueWaveSolar
Twitter: www.twitter.com/BlueWaveSolar
Instagram: www.instagram.com/BlueWaveSolar
LinkedIn: https://www.linkedin.com/company/bluewavesolar

 

BlueWave’s Mark Sylvia Elected Board President of Solar Energy Business Association of New England

Boston, MA – BlueWave is pleased to announce that Managing Director of External Affairs, Mark Sylvia, was elected President of the Board of Directors for the Solar Energy Business Association of New England (SEBANE). BlueWave is proud to be a leader and advocate for the solar industry.

“The Board of Directors and Director of Operations are excited to be building on the foundation set by the 2016-2017 leadership team,” remarked SEBANE President Mark Sylvia.  “The solar industry continues to create jobs, generate savings for our customers and improve the environment.   SEBANE will build on that success by supporting the growth and long-term sustainability of the solar industry in New England and across the United States.”

Please see the SEBANE press release for more details and the full listing of elected officers.

 

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.  
Contact BlueWave external affairs: externalaffairs@bluewavesolar.com

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: https://www.linkedin.com/company/bluewavesolar

 

BlueWave Opposes the Suniva and SunWorld Trade Case

Boston, MA – A trade case with the United States International Trade Commission brought by Suniva and SunWorld, is threatening to crush the solar industry- especially the hard working solar installers.

88,000 jobs would be lost nationwide. Many small and medium-sized businesses will be hurt.

BlueWave opposes this trade case and has signed onto letters with the Solar Energy Industries Association in New York, Massachusetts and the South Carolina Clean Energy Business Alliance. This is an economic issue and we have to protect American jobs. Keep the solar industry strong.

For more information about the trade case and the solar industries’ stance on it please see the Solar Energy Industries Association’s latest statement.

 

Please see the letters that BlueWave has signed onto below:

BlueWave Joins Industry Coalition in Public Comments on Massachusetts SMART Program

Boston MA- July 14, 2017

BlueWave supports the solar industry coalition’s public comments regarding the Solar Massachusetts Renewable Target (SMART) Program emergency regulations and we have submitted like comments advocating improvements to the program.

We urge the Baker administration to consider our collective concerns about the SMART program. The improvements to the proposed SMART regulations offered by the solar industry and BlueWave will ensure that Massachusetts continues to lead in creating solar jobs, reducing energy costs for consumers and combating climate change.

We believe that the proposed improvements are not only vital for continuing the success of solar in Massachusetts, but imperative for maintaining Massachusetts’ clean energy leadership on the national level.

Please see the industry association press release here and read BlueWave’s comments on the SMART program here, BlueWave Letter to DOER on SMART Regulations 17-0711.

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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
Contact BlueWave external affairs at externalaffairs@bluewavesolar.com

 

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: https://www.linkedin.com/company/bluewavesolar

 

RIBBON CUT ON BLUEWAVE’S 3.7 MW DC SOLAR PROJECT LOCATED ON ESTABROOK ROAD IN GRAFTON, MA

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.

 

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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

 

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: https://www.linkedin.com/company/bluewavesolar

 

 

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.

 

BlueWave Expands its Community Solar Portfolio in Massachusetts to 32 MW DC with the Completion of Its 1.371 MW DC Project in Plympton. The Plympton Project Further Demonstrates BlueWave’s Leadership in Bringing Solar to the 100%.

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.

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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.

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: https://www.linkedin.com/company/bluewavesolar

 

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.

 

BlueWave Named #9 Fastest Growing Company in Massachusetts

BOSTON, MA – May 12, 2017

Today BlueWave Solar is proud to announce that it ranked #9 on the Boston Business Journal’s 2017

Fast 50 list. In a ceremony on May 11 at F1 Racing Boston, BlueWave was named the ninth fastest growing private company in Massachusetts, with over 762% growth from 2013 to 2016.

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 clean 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.

Link to the article at Boston Business Journal Website: http://ow.ly/msc530bFSPR

Visit us at bluewavesolar.com to learn more. For more solar and BlueWave news follow us on social media.

Facebook: www.facebook.com/BlueWaveSolar
Twitter: www.twitter.com/BlueWaveSolar
Instagram: www.instagram.com/BlueWaveSolar
LinkedIn: https://www.linkedin.com/company/bluewavesolar

BlueWave Solar Announces Partnership with PowerScout

Partnership with PowerScout, a smart home technology company based in Oakland, California provides BlueWave’s solar installer partners with online access to a powerful solar savings calculator to help homeowners go solar.

BOSTON, MA – May 2, 2017

BlueWave Solar (“BlueWave”) of Boston, MA announced today its partnership with PowerScout, Inc. of Oakland, CA to provide BlueWave’s solar installer partners with PowerScout’s solar calculator to help homeowners evaluate the solar potential of their roofs and estimate the potential savings of installing a solar PV system.

PowerScout is a smart home technology company that was awarded two grants from the United States Department of Energy SunShot Program to build an advanced data analytics platform aimed at helping consumers understand the benefit of solar energy adoption. Using just an address, PowerScout’s tools allow customers to get detailed smart home recommendations tailored to their specific home, energy consumption, and roof profile. PowerScout’s software helps customers easily and intuitively understand the financial, environmental, and home value benefits associated with solar and other smart home technologies.

The PowerScout solar application for customers and installers sits on top of PowerScout’s big-data architecture and provides a well-designed user interface (UI) and simple user experience (UX) that allows homeowners interested in rooftop solar to determine solar potential down to the individual planes of their rooftop. It also includes several dynamic features that make estimates of solar savings more accurate than any previously available. The solar calculator is available via a link on BlueWave’s website at www.bluewavesolar.com.

Eric Graber-Lopez, BlueWave’s President, commented that, “The integration of PowerScout’s calculator into BlueWave’s Home Solar Loan Portal supports our mission to cover Massachusetts rooftops in solar by providing answers to questions consumers have – does solar work for my home and how much will it save me? This integration supports our installers in making this first step seamless and enjoyable for all consumers. Attila and his team have built a fantastic product. We are excited to use it to complement our thriving solar loan platform here in Massachusetts, and look forward to rolling it out soon to other states we serve.”

The solar calculator went live with installers on March 28, 2017. Plans to showcase the solar calculator directly to consumers are in development

“We are excited to be partnering with BlueWave Solar, an industry leader in helping consumers get best-in-market financing on solar projects through their innovative loan platform, remarked Attila Toth, PowerScout’s Founder and CEO. He added, “We believe that PowerScout’s software adds another dimension of value for customers visiting BlueWave’s Home Solar Loan Portal.  This partnership furthers the commitment of both BlueWave and PowerScout to transparency in the solar buying process and ensuring customers have a great experience.”

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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 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.

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: https://www.linkedin.com/company/bluewavesolar

About PowerScout, Inc.

PowerScout is an AI enabled marketplace for smart home improvement projects. At PowerScout.com, homeowners can learn more about smart improvements they can make to their home, such as rooftop solar and home battery systems, and get competing quotes from a curated list of high-quality home improvement contractors.

Visit us at powerscout.com to learn more.  You can also follow us on social media.

Facebook: https://www.facebook.com/mypowerscout/

Twitter: https://twitter.com/mypowerscout

LinkedIn: https://www.linkedin.com/company/powerscout

BlueWave Solar Achieves Certified B Corporation ™ Status

FOR IMMEDIATE RELEASE

Contact:
Mark Sylvia, Managing Director – External Affairs
Telephone: (508) 858-7123
Email: msylvia@bluewavesolar.com

Community Solar and Solar Loan company BlueWave, headquartered in Massachusetts with offices in North Carolina, South Carolina and South Africa achieves Certified B Corporation status, joining a global community committed to using the power of business to solve social and environmental challenges.

 

Boston, MA – April 13, 2017

BlueWave Solar (BlueWave) is proud to announce that it has become a Certified B Corporation.  After a rigorous and dedicated process BlueWave joins a community of companies around the world that are committed to doing business not just for success, but for the greater good. The B Corp community is a direct reflection of BlueWave’s mission of providing access to clean, renewable solar energy to everyone, everywhere.

There are over 2,000 Certified B Corps from more than 130 industries in 50 countries with 1 unifying goal – to redefine success in business. Unlike traditional corporations, B Corporations are legally required to consider the impact of their decisions not only on their shareholders, but also on their stakeholders (e.g., workers, suppliers, community, consumers, and the environment).

BlueWave believes it can be a better company in the world and for the world. Our mission to make clean energy accessible to everyone, everywhere includes our company contributing to that positive change. Using business as a force for good is not just good business, it’s the only way we want to do business.

In one step towards being a better company for the world, BlueWave is celebrating its B Corp certification by planting 150 trees through the National Forest Foundation’s tree planting program. These trees will absorb 7,200 pounds of CO2 annually. We recognize that defending our natural resources is our greatest legacy and as a solar company we need to do all we can to protect it. These trees will be planted by the US Forest Service in one of our great National Forests.

Joining the B Corp community is strongly aligned with BlueWave’s mission. We want the values we share to be woven throughout everything we do. Positively impacting the communities we work with, live in and support is the right thing to do and we look forward to doing it with our fellow B Corporations.

Reacting to the news that BlueWave has become a Certified B Corporation, BlueWave’s Chairman, John DeVillars said, “We are a mission-driven enterprise dedicated to meeting the generational challenge of climate change.  Achieving the B Corp certification demonstrates our commitment to that goal.   We are excited to be joining the B Corporation community of companies from around the globe that share those same values and work together to ensure those values are met.”

BlueWave Solar CEO Trevor Hardy added, “I am so proud of this achievement.  It is a reflection of our founding principle, set in 2012, which is to provide access to solar to everyone, everywhere.   Becoming a B Corp also reflects how we conduct our business, considering our impact in every decision we make, for our customers, our company and our employees.  There is no doubt that we could not have achieved this goal without the hard work and commitment of every single one of our employees as well as the trust and confidence of our customers and partners.  I look forward to our joining the B Corp community and transforming how business can have a positive impact on our world.”

 

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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 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%”.

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.

Visit us at https://bluewavesolar.com/about-us/bcorp/ to learn more. For more solar and BlueWave news follow us on social media.

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: www.linkedin.com/company/BlueWaveSolar-beta/2501202/

BlueWave Solar Named to Boston Business Journal’s 2017 Fast 50 List

Honor reflects BlueWave’s strong performance and success as a Massachusetts based solar company
Boston, MA – April 7, 2017

The Boston Business Journal has named BlueWave Solar (BlueWave) to their 2017 Fast 50 list of the 50 fastest-growing private companies in Massachusetts. The Fast 50 winners were selected and ranked by the Boston Business Journal based on a formula that counts revenue growth in the preceding three years. It is the ninth year of this awards program, known in past years as “Pacesetters.”

According to the Boston Business Journal, nearly 160 privately held companies applied for inclusion by submitting nominations that included financial performance. The Boston Business Journal and Withum evaluated the figures provided to determine the rankings. Only those firms with Massachusetts headquarters and revenue of at least $500,000 in 2013 and $1,000,000 in 2016 were considered.

Having been nominated for this award and based on the evaluation process conducted, BlueWave was one of the fifty companies selected for this honor. The final rankings of each company will be revealed at the awards ceremony on May 11, 2017.

BlueWave CEO and co-founder, Trevor Hardy reacting to the announcement commented that, “We are proud and honored to have been named one of the fastest growing private companies in Massachusetts by the Boston Business Journal. The 2017 Fast 50 award is a reflection of the hard work and determination of our team, which has grown our company to what it is today, a best in class solar company committed to providing Solar for the 100%.”

BlueWave Chairman and co-founder, John DeVillars added, “We are demonstrating that mission-driven clean energy businesses can do well by doing good. It is testimony not only to our values but, importantly, to our colleagues at BlueWave and to the landowners, cities, towns, housing authorities, schools, private companies, and 1400+ community solar and solar loan customers and their commitment to clean and renewable power.”

 

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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 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%”.

BlueWave has 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 50,000 metric tons annually – the equivalent of taking 10,000 cars off the road.”

Contact:

Mark Sylvia – Managing Director: External Affairs
Telephone: (508) 858-7123
Email: msylvia@bluewavesolar.com

 

Visit us at www.bluewaversolar.com to learn more.
For more solar and BlueWave news follow us on social media.

Facebook: www.facebook.com/BlueWaveSolar

Twitter: www.twitter.com/BlueWaveSolar

Instagram: www.instagram.com/BlueWaveSolar

LinkedIn: www.linkedin.com/company-beta/2501202/

BlueWave Capital Becomes BlueWave Solar

Name change reflects mission to provide SOLAR for the 100%. “BlueWave” brand will remain.

BOSTON, MA – Massachusetts-based solar company BlueWave Capital, LLC announced today that it has changed its name to BlueWave Solar to reflect its core business focus on solar products and services. Known by most in the community simply as “BlueWave,” the company, in addition to providing superior solar development services, launched its Community Solar Share and Home Solar Loan products in Massachusetts in early 2016 all in support of its mission to provide Solar for the 100%.

“It is important that we are clear with our current and future customers, the public, the media and our investors about who we are and what we do as a company,” commented Trevor Hardy, BlueWave Solar’s CEO. “As BlueWave Capital, we grew our company to what it is today, a best in class solar company with offices in Massachusetts, the Carolinas and South Africa. As the Massachusetts market continues to grow and we expand our product and service offerings in other states, our name should say it all. BlueWave Solar does exactly that. “

BlueWave Solar was founded in 2011 by former EPA New England Regional Administrator John DeVillars along with Eric Graber-Lopez and Trevor Hardy. The company has played a leading role in the Massachusetts solar industry. Over the past two years, BlueWave Solar has doubled in size and is on track to launch its solar loan product in several new U.S. markets this year. To date, BlueWave Solar has developed more than 90 MW of solar, acquired over 850 community solar customers, delivered more than $4.5 million in annual savings for all customers and generated 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.

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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%”.

Visit us at bluewavesolar.com and chat with us on Twitter: @bluewavesolar to learn more.

Media Contact:

BlueWave Solar

Mark Sylvia

Managing Director – External Affairs

(508) 858-7123 msylvia@bluewavesolar.com

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.

4-1-003barrett-one-003barrett-three-003barrett-two-003

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.

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