Vivint Solar And BlueWave Announce Community Solar Agreement
Vivint Solar, a provider of distributed solar energy systems in the United States, and BlueWave, a solar development and FinTech company headquartered in Boston, Mass., have announced an alliance to offer residents of Massachusetts the opportunity to become BlueWave community solar members.
Vivint Solar and BlueWave will sell community solar memberships in Southeastern and Central Massachusetts where BlueWave is constructing two solar farms. These projects are located in Oxford and Fairhaven, Mass., which will provide electricity savings to nearly 250 customers as early as March 2016.
Community solar allows more residents to access low-cost, clean solar power without putting panels on their roofs. It's a great solution for those households that reside in multi-unit buildings or do not have suitable rooftops for installation.
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.
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.
Vivint Solar and BlueWave plan to expand community solar across Massachusetts and take the product to new markets throughout the U.S. in 2016.
About Vivint Solar
Vivint Solar is a leading provider of distributed solar energy – electricity generated by a solar energy system installed at a customer's location – to residential, commercial and industrial customers in the United States. Vivint Solar's customers pay little to no money upfront, receive significant savings relative to utility generated electricity and continue to benefit from guaranteed energy prices over the 20-year term of their contracts. Vivint Solar finances, designs, installs, monitors and services the solar energy systems to make things easy for its customers.