- Press Releases
August 6 (Renewables Now) - Boston-based solar and energy storage developer BlueWave Solar and a unit of France’s Ciel & Terre have set up a joint venture (JV) to develop floating solar projects in Massachusetts.
The JV was formed by Ciel & Terre’s subsidiary Laketricity and BlueWave Solar, the latter said on Thursday. Initially, the partners will pursue photovoltaic (PV) projects in Massachusetts only, while later they have plans to expand their collaboration throughout the US Northeast region.
The partnership marks BlueWave Solar’s entry into the floatovoltaics market. The company is focused on agrivoltaics and has already developed more than 155 MW of projects to date, it noted.
According to BlueWave and Solartricity, floating solar arrays are suitable for areas like Massachusetts that face land use issues as building on man-made ponds and reservoirs is a solution to those problems. "Our joint venture accelerates the deployment of smart solutions to positively integrate renewable energies in the local environment,” said Alexis Gaveau, CEO of Ciel & Terre and president of Laketricity USA Inc.
Ciel & Terre has installed over 162 MWp of floating solar systems globally.