Under a new partnership announced today (Dec. 29) residential solar company Vivint Solar and solar company BlueWave are working together to sell memberships in two community solar projects in Southeastern and Central Massachusetts. The agreement will allow both companies to focus on their core strengths while benefitting customers in the region.
"Community solar is a great product that's revolutionizing the energy market," said Chris Gosline, Managing Director at BlueWave. "It's simple, it's accessible, and we are thrilled to have Vivint Solar as our partner in bringing community solar to residents across Massachusetts." The news comes shortly after BlueWave announced a new, $100 million investment from Morgan Stanley’s MS Solar Solutions Group, which will jointly own up to 25 megawatts of Massachusetts solar farms with BlueWave.
The two solar farms are being installed in Oxford and Fairhaven. The companies estimate 250 people in Massachusetts will be able to sign up for the projects starting in March 2016. Community solar farms allow people and companies who otherwise can’t install solar power on their homes or buildings to still reap the benefits of solar power. For instance, residents in condos or apartments often can’t install solar on the rooftop shared by other residents. In other cases homes with roofs that don’t get enough sunlight to justify solar panels can still enjoy the benefits of solar power by buying into community solar.
Vivint Solar, which has made its stamp on the solar industry by quickly becoming one of the largest residential solar companies in the U.S., is actively looking to expand it’s product offerings to reach more consumers. "We are pleased to align with BlueWave on this new offering," said Jan Newman, Senior Vice President of Business Development at Vivint Solar. "We love being able to provide more opportunities for people to go solar and know that community solar will be a solution for many households that are wanting the economical and environmental benefits of solar, but may be facing some installation restrictions.”
The companies also said the plan to expand their community solar offerings across Massachusetts and take the product to new markets throughout the U.S. in 2016.Tweet