Northeast-based solar developer BlueWave Solar has entered a joint venture with Laketricity, a company from Ciel & Terre, a pioneer in floating solar, for future projects in Massachusetts with the intent to expand throughout the Northeast region.
BlueWave Solar is Laketricity’s first New England partner and marks the developer’s entrance into the “floatovoltaics” space.
“We are thrilled to work with the world’s leading floatovoltaics provider to bring floatovoltaics to New England,” said John DeVillars, co-founder and chairman of BlueWave Solar. “BlueWave is pioneering dual-use agrivoltaics and setting high ecological standards for sustainable site development and management. Partnering with Laketricity represents another step in our efforts to partner with those who share our core environmental protection values.”
Floating solar arrays address a global need to produce clean energy in an efficient way that also saves common greenfield land. Building on man-made ponds and reservoirs addresses land-use problems and mitigates disruption to a region’s terrestrial habitats while reducing energy costs and bringing clean energy to local businesses and residents.
“Partnering with BlueWave is a natural fit for Laketricity as we combine the respective strengths and experience of our teams to develop a sizeable portfolio of floating solar projects in New England,” said Alexis Gaveau, CEO of Ciel & Terre and President of Laketricity USA, Inc. “Our joint venture accelerates the deployment of smart solutions to positively integrate renewable energies in the local environment. We look forward to implementing these projects in partnership with such a local expert that shares our human & environmental values as well as growing the scope of our joint venture in the years ahead.”
Ciel & Terre has installed over 230 floatovoltaic projects globally, and 21 projects specifically in the United States totaling 162 MW.