Clean Energy Collective to Expand Community Solar Across Massachusetts
CEC Acquires First Two Projects from Massachusetts-Based Solar Developer BlueWave Capital
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BOULDER, COLO. - April 2, 2014 (Investorideas.com renewable energy stocks newswire) Signifying its entry into the Massachusetts market, Clean Energy Collective (CEC), the nation's leading community-owned solar developer, announced today the purchase of two medium scale solar projects from Massachusetts-based BlueWave Capital, a leading Massachusetts-based solar developer. These acquisitions will make solar available to a wide range of residential and commercial customers in the Western Massachusetts Electric (WMECo) and National Grid territories, and are the first of a broader expansion plan to make community-owned solar available across the state of Massachusetts.
The initial projects include a 997 kW community solar facility in Hadley, Mass., named the Western Massachusetts Community Solar Array, to serve WMECo customers; and a 997 kW facility in Rehoboth, Mass. called the Southeastern Massachusetts Community Solar Array to serve ratepayers in the NGrid territory. WMECo is one of western Massachusetts largest distributors of electricity, serving more than 200,000 customers in 59 communities. National Grid, the state's second largest utility, delivers electricity to approximately 3.3 million customers in Massachusetts, New York and Rhode Island.
"We are thrilled to help CEC, the nation's leading community solar company, get off to a flying start here in the Commonwealth and we look forward to working with them to advance the cause on these and other projects in the BlueWave portfolio," said BlueWave Managing Principal John DeVillars. "If you live in Massachusetts and want to do something to combat climate change, CEC offers a simple, cost-effective way to make a difference and save money on your electric bill at the same time."
CEC's community-owned solar model allows any customer in a participating utility territory, including renters, those with shaded roofs, and people with modest incomes, the opportunity to go green' and save money by adopting solar energy without having to install a rooftop system on their home or business. Community solar customers are afforded the same rebates and incentives as rooftop system owners, including Massachusetts Clean Energy Center (MassCEC) rebates, and receive credit for the power produced directly on their monthly bills. Since community solar projects are sited and maintained for maximum production and lifespan, they produce more electricity for longer than most other renewable energy options.
"With so many historic and shaded properties throughout the state, the community solar model is ideally suited for the Massachusetts market. It opens the solar option to a much wider range of customers," said CEC President Paul Spencer.
Construction on both projects is underway and are expected to be operational by late June. Fully refundable reservations are being accepted now for both arrays. Individual or commercial systems can be scaled to meet any budget or power requirements. More information can be found at www.masscommunitysolar.com or upon request at firstname.lastname@example.org.
About Clean Energy Collective
Colorado-based Clean Energy Collective (CEC) is the nation's leading developer of community solar solutions. CEC pioneered the model of delivering clean power generation through large-scale facilities that are collectively owned by participating utility customers. Since establishing the first community-owned solar garden in the country in 2010 near El Jebel, Colorado, CEC has built or has under development 40 community solar projects with 18 utility partners across 7 states, representing 26 MW of community solar capacity. www.easycleanenergy.com
About BlueWave Capital
BlueWave Capital, LLC (Boston, Mass.) is a renewable energy project development and management company developing solar PV projects in New England, South Africa and the Caribbean. BlueWave has more than 60 MW of solar projects under development, providing substantial cost savings and reduced greenhouse gas emissions for more than a dozen cities, towns, colleges and schools. www.bluewave-capital.com
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